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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.

Land director for Bellway South West, Sam Sowden, said: “Our plans for Libbets Grange will benefit the area in a number of ways. The land allocated for a school and the rugby club is just part of the story. We are investing a significant amount of money in services and infrastructure that will support everyone in the area, from primary school children to people using public transport.

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“We have designed the development so that it also includes generous areas of parkland in keeping with the character of nearby Creedy Park, and children’s play areas for families to enjoy. And these green spaces will create links across the development, making it a spacious and desirable neighbourhood, where people can easily get around on foot and in the fresh air.

“We have planned Libbets Grange in accordance with the Building for a Healthy Life principles, which encourage healthier lifestyles. These are at the heart of the design of the whole development.”

Among the payments that Bellway has agreed as part of its planning consent is an investment of £856,663 in primary education, £64,250 towards early years provision and £35,391 for special educational needs places. A contribution of £93,291 is earmarked for healthcare.

A public transport contribution of £675,000 will fund improved bus services in the vicinity, and £77,100 will be paid towards sustainable travel vouchers, while there will also be funding for improvements to local rights of way of £250,000.

Bellway has also agreed to provide five gypsy and traveller pitches on the site.

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