A development site with planning permission for 55 new homes has been sold to Deeley Homes through land agents Mather Jamie.
The 6.15 acre site lies off Saxelby Road in Asfordby, a village three miles west of Melton Mowbray.
Anthony Holt, group development director at Deeley Homes, which is based in Coventry, said: "This is an exciting project that we expect to bring many advantages and a wealth of property options to the local area.
"We’re building a mixed scheme that will encompass both affordable housing and market sale properties, and we’ll be working with EMH Homes to ensure that several of the new homes provide a viable housing option for those in need."
The development will include 20 properties that will go up for sale on the open market, 25 shared ownership homes and 10 rented homes.
Construction is due to commence on this East Midlands development next spring, with the first homes available towards the end of 2020.
Gary Kirk, associate director at Mather Jamie, which is based in Loughborough, said: "Deeley Group secured the acquisition of the site following a competitive marketing process handled by Mather Jamie.
"We are delighted to have secured the sale of the site, which is fantastic news for the East Midlands, with a range of homes to suit families, first-time buyers and working couples becoming available in the next year and a half.
"We are very much looking forward to seeing Deeley Homes’ plans come to fruition.”
Planning permission includes a legal agreement that provides for contributions towards secondary education, travel and civic amenities, offsite affordable housing, and more.
