Bellway Homes has secured the next phase of its Heaton Manor development by acquiring five acres off Buckingham Road in Heaton Moor for residential development.
Bellway acquired the land from three owners for in excess of £5m. The housebuilder will deliver 69 residential units including 25% affordable housing provision.
Roger Hannah & Co represented the three industrial land owners in securing the transaction with Bellway Homes.
Simon Cook, director of Roger Hannah & Co, said: “Securing the release of this industrial land for residential development has taken many years of hard work with sensitive negotiations between the three land owners, the local planning authority and other land owners who potentially had the ability to prevent development taking place. To achieve this transaction with Bellway is a real result and should provide much needed residential accommodation in a strong local market.”