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Birmingham Post
Birmingham Post
Business
Tom Pegden

Leicestershire site sold for affordable housing after 70 years of family ownership

A site on the outskirts of Leicester has been sold to affordable housing developer Modus Partnerships in a deal arranged by specialist land development and property consultancy Mather Jamie.

The 1.61 acre former industrial site in Thurmaston had been owned by the same family for more than 70 years and although surrounded by existing homes, presented several planning challenges due to ground conditions and its brownfield site status.

Working with Whetstone-based Modus Partnerships, the team at Mather Jamie in Loughborough was able to broker the sale and help secure planning permission for 18 affordable houses. Once fully constructed the development will be operated by Midland Heart Housing Association.

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