Barratt Homes is inviting potential buyers to register their interest in new homes it plans to build at the Charlton Hayes development in Patchway.
In a deal signed in December last year, Barratt David Wilson acquired part of the site from lead developer Bovis Homes.
The land acquired by Barratt lies in the eastern part of the Charlton Hayes site, in the angle formed by Callicroft Road and Gloucester Road. It has outline planning permission for the construction of 273 new homes, with full (reserved matters) permission recently being granted for 46 of those.
Potential buyers can register their interest now ahead of the official launch of the two, three and four-bedroom homes.
Barratt Sales Director Andrea Pilgrim said:
“From young professionals and first-time buyers to growing families, Charlton Hayes really will have something for everyone.”
“We can’t wait to show potential buyers everything on offer at this outstanding new development. Anyone interested in moving to this impressive new development should register their interest now to be invited to the launch event and receive information about available homes.”
To register, call 0844 811 1855 or visit the Charlton Hayes page on the Barratt website.
The deal to sell the land was brokered by land agents CJH Land, based in Flax Bourton.
CJH Land Director Chris Glover said the eight-figure deal at Charlton Hayes was part of a renewed enthusiasm for land buying by new home providers, who are encouraged by sales being achieved.
Speaking about the deal earlier this year, Mr Glover said:
“Increased on-site activity in the housing sector in the first weeks of 2012 suggests the major housebuilders are adjusting their portfolios to obtain traction despite the difficult trading conditions.”
“This site was offered to the market on a discreet basis with the strict instruction that the transaction must be completed by Christmas 2011. We managed the entire marketing process in a restricted period of time and achieved four unconditional proposals for the land.
“We are seeing a lot more activity in the sector and are encouraged by the levels achieved on this high profile site. The figures are not far off the highs achieved in 2007 – before the downturn.
“While trading conditions remain tough house builders are reporting increased traffic in their showhomes and are seeing a better quality of buyer coming forward.”
Mr Glover said national housebuilders were now looking to the future seeking different ways to press ahead with development despite the downturn.
“This could mean proceeding with ten smaller deals rather than one big one, which is broadly what has happened here.”
Patchway Town Council has asked that Barratt David Wilson incorporate a shoppers’ car park into it plans for the site, in the area behind the Kwik Fit garage, to serve the shops and business on Gloucester Road.
Related link: Charlton Hayes (The Journal)