GreenSquare Homes has successfully acquired land for two development sites in Wiltshire to bring more new homes to the region.
In the last two months GreenSquare Homes has agreed to purchase land in Malmesbury and Marlborough.
At Burton Hill in Malmesbury, plans are for 27 new homes specifically for the over-55s. The aim is to start on site early 2020, once detailed planning consent is received.
Plans for land at Rabley Wood in Marlborough will see 39 new homes built, 16 available for affordable rentand shared ownership, with work also hoped to start early next year. Plans also include new public open space and a play area.
Further developments are expected to commence in the next three months: The Jam Factory, Easterton – 30 homes for sale; Middlefields, Chippenham – 35 homes for rent and shared ownership; and Briar Leaze, Compton Bassett – a regeneration project replacing six older properties with 13 new homes, predominantly for rent.
Barry Wood, managing director at GreenSquare Homes said: "These are really positive steps for us in achieving by March 2022 the profit target set by the GreenSquare Board. Profits from selling new homes are used to support growth ensuring GreenSquare’s ability to build more affordable homes for a range of customers with a range of needs."
Meanwhile a new development already underway in Wiltshire is Blunsdon Meadow in north Swindon, where GreenSquare Homes is currently constructing 52 new homes.
Work began on site late 2017 and the first residents moved in last November. The homes comprise of 10 bungalows and 27 three and four bedroom houses for sale, and 15 two and three bedroom houses for shared ownership. The entire development is due to be completed in Spring 2020.
Other current developments include Hares Chase in Cricklade with 70 new homes. The show homes and sales centre open next month over the Easter weekend.