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Gloucestershire Business News

Developer sells 57-home Forest of Dean modular housing scheme

Modular housing company ilke Homes has agreed the sale of a 57-home affordable housing scheme at Drybrook in the Forest of Dean.

The scheme has been sold to housing association Guinness Partnership, which is also heavily involved in the £85million 'The Waterfront' development at Gloucester Quays.

The partnership marks ilke Homes' fifth scheme as a full 'turnkey' developer - having secured the land at Mannings Farm, near Drybrook High Street, in March, before obtaining planning consent.

The project, designed by Gloucester architectural practice Roberts Limbrick, will deliver a mixture of one, two, three and four-bedroom homes, all of which will be made available for shared ownership or affordable rent.

All of the homes will be manufactured at ilke Homes' 250,000 sq ft factory in Knaresborough, North Yorkshire, before being delivered to Mannings Farm. By manufacturing the homes offsite, ilke Homes said it will also keep disruptions to the local community to a minimum.

Work on site is expected to start imminently, and to finish in December 2021, just 12 months after start on site.

Matthew Bench, executive director of partnerships at ilke Homes, said: "We're delighted to be working with the Guinness Partnership on an ilke Homes' full turnkey development, leading the development process at every step and using ilke Homes' modular housing technology to deliver beautiful, sustainable homes for the local community.

"It has been an unprecedented year for ilke Homes as our business goes from strength to strength. Building partnerships with many of the biggest housing associations further underpins the confidence in our sector"

Ed Barnes, development director for the South at The Guinness Partnership, said: "We are delighted to be working with Ilke Homes using Modern Methods of Construction to increase and speed up the supply of affordable housing in the Forest of Dean."

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