Keyland Developments Ltd, the property trading arm of Kelda Group and sister company to Yorkshire Water, has sold Phase 1 of a strategic site at Broomfield Farm in Whitby to Barratt David Wilson for an undisclosed sum, for the creation of up to 230 new homes.
The 24 acre Broomfield Farm site has planning consent granted by Scarborough Council for the development of up to 290 homes in total, which could create some 700 jobs upon delivery. The site is being brought forward in two separate phases. The consent covers a variety of housing types to enable fast delivery and to cater for a diverse mix of housing needs. Volume housing, later living and self/custom build plots can all be accommodated within Broomfield Farm making it a truly sustainable and inclusive community.
Keyland appointed Allsop in March this year to sell the Phase 1 site of Broomfield Farm, which has the capacity for some 230 homes. The site sold unconditionally to Barratt David Wilson, who is intending on delivering a scheme which includes 30% affordable dwellings. Modern methods of construction will be used for the scheme, utilising open panel timber frame systems, pre-insulated panellised roof system for ‘room in the roof’ warm roof units on 2.5 storey homes and insulated precast ground floor slabs. Construction is likely to start early in 2022.
Broomfield Farm, which is the largest former Yorkshire Water site in Keyland’s portfolio, is located on Stainsacre Lane which connects Whitby and Scarborough, and is close to the Whitby Business Park and Eskdale Park residential area.
The development will bring about a host of social and environmental benefits through green infrastructure and improving access to the Cinder Track. This is in addition to the circa 700 new jobs and its major contribution to the local housing requirements and economy.
Peter Garrett, managing director at Keyland Developments, said: “From securing planning consent in November to concluding this site sale, Broomfield Farm has moved quickly through the process to this fantastic outcome. We are delighted to have brought this site forward for development and to have facilitated hundreds of new jobs and homes at a time when these are in high demand.”
James Mohammed, associate at Allsop Ltd, said: “We received a high level of interest in Phase 1, with several competitive offers and are pleased to have concluded the unconditional sale on behalf of Keyland Developments. Sites such as this are in short supply and it is an excellent result providing the area with much-needed residential development.”
In respect of Phase 2, Keyland will shortly be seeking a development partner to deliver a six-capitals led scheme, whereby alternative development options will be assessed using the six-capitals valuation tool developed by Keyland as part of the Company’s blueprint, creating outstanding places for people to live and work. Keyland is working closely with Scarborough Borough Council to bring forward Phase 2 and the scheme has been included within the Council’s bid to Government for Towns Deal funding.
Keyland Developments Ltd is the property trading arm of Kelda Group and sister company to Yorkshire Water. Keyland has been operating across Yorkshire for over 20 years, regenerating Yorkshire Water’s redundant sites. In addition to its work transforming former Yorkshire Water land, the team also works alongside independent landowners, corporates or regulated bodies to overcome obstacles to development on strategic sites in order to facilitate regeneration by securing planning consent for future use.