Housebuilder Honey will build 174 new two, three, four and five-bedroom homes in Killamarsh, Derbyshire after being granted planning permission for the £50million development.
Called Aurelle, the development is located off Upperthorpe Road and is just a short commute to Chesterfield and Sheffield.
The development will comprise 18 of Honey’s house types and include terraced, semi-detached and detached properties. Prices at the development will start from £259,995 for a two-bedroom semi-detached house type.
The Sheffield-headquartered developer says its house types have all been specifically designed to combine “style, substance and sustainability” for the benefit of buyers.
Allocated as part of the North East Derbyshire district’s local plan, 35 of the site’s 174 homes will be designated as affordable housing. Honey will also be contributing to local initiatives, including a commitment to an overall biodiversity net gain for the development.
Work at Aurelle is expected to start on site by March, with the first residents able to move in from October.
Since being launched in October 2022, Honey has secured 21 sites across Yorkshire and the East Midlands that will deliver 2,850 homes and a combined gross development value of £795million.
The housebuilder is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV which has £937million of fully committed capital.
Honey chief executive officer, Mark Mitchell, commented: “We are very pleased to have received planning permission for Aurelle, which will bring much-needed, high-specification homes to Killamarsh.”
“Since unveiling our plans, we have seen strong interest from a range of buyers looking for homes which combine substance, style and sustainability. With planning now granted, we look forward to starting work on site and launching the first homes for sale at this new community we are creating in Killamarsh.”
