Inland Homes gets planning permission for more than 1,200 homes

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Sharecast News | 22 Mar, 2017

Updated : 10:00

Aim-listed brownfield regeneration specialist Inland Homes has secured planning permission for more than 1,200 homes.

The company, which focuses on the South and south East of England, has secured planning permission to develop 239 residential units and 15,845 sq ft of commercial space at its Lily's Walk site in High Wycombe. In addition, resolutions to grant planning consent have been secured for a further 992 residential units on sites in Buckinghamshire and Hampshire, including the major development at Chapel Riverside in Southampton.

Lily's Walk is a prime 3.5 acre site located in the centre of High Wycombe, directly opposite the Eden Shopping Centre, which is the largest shopping centre in the region, and a short walk from High Wycombe rail station.

The development will comprise 96 two-bed, 137 one-bed and six studio apartments, as well as 15,845 sq ft of commercial space, associated car parking facilities and additional public realm improvements.

The company also plans to develop 457 residential units and 64,000 sq ft of commercial space in a joint venture with Southampton City Council, while in Aylesbury, it will develop 400 homes along with approximately 100,000 sq ft of commercial space and community amenities.

Land director Paul Brett said: "Altogether, these permissions represent a significant step forward for Inland Homes and mean that we now have a pipeline of 2,340 permitted plots. Securing these permissions is testament to our specialist expertise and the thorough work we undertake in bringing complex sites to a residential standard.

"Our understanding of the planning system and the strong relationships we have cultivated with local authorities in the region means we are ideally placed to further add to our development pipeline."

At 1000 GMT, the shares were up 0.4% to 63p.

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