Avant Homes launches in West Midlands with £85m development in Telford
Development
24 Jul 2022
Avant Homes has announced the launch of a West Midlands region with its acquisition of a 20.9-acre site in Priorslee, Telford, to deliver a 184 home development called Monkswood.
Phase one of Monkswood will comprise a mix of two, three, four and five-bedroom homes. Prices start from £250,000 and the overall value of the development will be £85m.
Avant Homes also intends to apply to build a further 136-units at Monkswood next December which will represent phase two of the development.
Work on phase one is scheduled to start on site in July with the first legal occupations expected to take place in spring next year.
Of the 184 homes set to be built in phase one of the development, 20 per cent have been designated to affordable housing. Avant Homes has also committed to a community contribution of around £1.8m for local education provision, public transport and highway improvements.
Avant Homes West Midlands technical director, Mark Marsh, commented: "We are very excited to launch in the region by building our high-quality homes in Priorslee.
"They have proven extremely popular in the places where we already build, so we are confident new homebuyers in the West Midlands will also appreciate their thoughtful design and great specification.
"Anyone who would like to find out more about what's on offer, or who would like to register their interest for a new home at Monkswood, can do so by visiting our Monkswood development website page."
The housebuilder has now set its sights on growing its operations throughout Staffordshire, Worcestershire, Warwickshire and Shropshire.
Mark added "Expanding within the West Midlands is a key element of our nationwide strategic growth plan.
"We are going to build upon the positive momentum generated by our successful launch and are looking forward to the West Midlands playing a significant role in Avant Homes' continued success story."
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