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Birmingham Post
Birmingham Post
Business
Abigail Turner

Property developer invests more than £2m into mid-Devon housing scheme

A property developer has invested more than £2m into the Crediton area of mid-Devon for a new housing development set to take shape in the north-east of the town.

Bellway hopes to build the Libbets Grange scheme, which will also provide 2.7 acres of land for a new primary school and 21 acres for a new site for Crediton Rugby Club. Planning permission for the development, which will be accessed from the A3072 at its junction with Old Tiverton Road, was granted by Mid Devon District Council on March 38.

The homebuilder is to deliver 257 new homes, with 201 two, three, four and five-bedroom properties for private sale and 56 affordable homes available for local people through low-cost rent or shared ownership. Bellway has pledged to pay £2,051,695 towards health, education and travel as part of the planning agreement for the development.

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