Harworth Group Plc – Progresses Plot

Harworth secured outline planning consent in December 2012 at Torne Park for a mixed-use scheme, including up to 1,200 new homes, commercial buildings, food retail, a school and a health centre. Planning application for a further 250 houses is intended to be submitted in early 2017.

 

Harworth has spent the past 24 months undertaking land remediation and infrastructure works for the first phase of development on the site which will deliver up to 166 new homes over the next two years.  Harron has already completed the construction of the first 40 homes on the site with sales beginning at the start of this year. Alongside Taylor Wimpey, Harron will continue with the construction of their remaining 30 homes, delivering a range of four-bed detached homes.

 

Prince of Wales

 

In a separate transaction, Harron has exchanged contracts to purchase 89 plots at Harworth's Prince of Wales site in Pontefract.  The purchase is Harron's second at the development and will deliver a selection of two, three and four-bed homes over the next 18 months. The contract is conditional upon the grant of a reserved matters planning consent for Harron's house types, which has already been submitted to Wakefield council with a decision expected by December.

 

The wider Prince of Wales site has outline consent in place for residential and employment development and associated public open space.  150 homes have already been built out over the past 18 months by Harron and Avant Homes. The site is Pontefract's largest new housing development.

 

Commenting on the sales, Owen Michaelson CEO of Harworth Group said:

 

“We are pleased to complete the sale of plots to Taylor Wimpey and to exchange contracts with Harron Homes, which continues our program of phased sales from our sites. We believe these deals are a clear reflection of the continuing momentum in regional housebuilding – which has resumed in full following the short hiatus after the referendum vote in June – and underpin the fact that the UK still needs land for new housing.”

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