Located in the beautiful Sussex countryside is this major development of 160 new homes. V10 was instrumental in acquiring the land from a promoter then sourcing the build contractor to deliver a package deal to Optivo.
The scheme is now being comprehensively advanced with the target of creating a successful sustainable community aligning with V10’s objectives. This is the second large development delivered in the market town of Hailsham to a Registered Provider, this first being a scheme of 157 homes in the locality of Amberstone to Clarion.
Achieving social value
The scheme provides a range of two, three and four-bedroom townhouses, semi- detached and detached homes. Coupled with this there are bungalows contained within the scheme to create further variety in the housing mix. Some of the non-s106 units were delivered by Optivo as additional affordable units with an affordable rent and shared ownership tenure with Homes England grant – thus creating additional social value.
Testimonials
Both the Clarion and Optivo schemes were bought from land promoters, each of which gave their verdicts on dealing with V10 during the acquisition process;
“The crucial aspect of dealing with V10 for me is the certainty I have experienced in them performing on the terms we have agreed. They have the required expertise to understand all of the technical and planning aspects of a project and are able to work out solutions with me such that all parties are happy and the deal can be done. I will take further sites to V10 such is my confidence in them performing.” Jonathan Tomlinson, Director, Heyford Developments (Clarion scheme promoter)
“As land promoters we are well versed with the trials and tribulations of selling sites with multiple owners. On our dealings with V10, however, these problems virtually vanished with their straightforward approach and determination to resolve all issues as they arose, in an open and determined manner. It was a pleasure to deal with V10 on this site, and we hope our paths cross again soon.” Rick Bird, Director, Frederick Bird Investments Ltd (Optivo scheme promoter)
Legacy Developments
Karl Timberlake, Land & Partnerships Director at V10 Homes commented: “Working with both these land promoters was an absolute pleasure which led to us working on new opportunities after completing on both projects.
We are very pleased with the hard work our contractor partners, Jenner Construction have undertaken to advance both schemes on behalf of Clarion and Optivo. Both developments will be outstanding architecturally and in terms of the quality of the finish. They will be built legacies that both our land promoters can be proud of – being the initiators of the vision for each development”.
