Vistry strikes £34m deal for East Midlands resi scheme

Housebuilder Vistry Group has signed a £34m deal with Platform Housing Group to develop 133 affordable homes in Rushden, Northamptonshire. The site was purchased from the Co-op. It has full planning permission for the development of one-, two-, three-, and four-bedroom houses and maisonettes alongside green spaces. Work is expected to start in summer 2024. Vistry’s South East Midlands managing director Andy Reynolds said: “These new homes will contribute to the character of the area as well as release over £700,000 of investment in local services to create a sustainable community.” Vistry is working with Platform Housing Group on a growing number of housebuilding schemes in the Midlands, including developments in Brindley Edge, Keresley and Sphinx Drive in Coventry, Brookmill Meadows in Warwickshire, Great Haddon, and Kingmakers View in Wolvey. Savills acted on behalf of the Co-op. Check out occupational sale comparables in Northamptonshire >> Image © Vistry Group