Our residential development team advised Rainier Developments on the promotion and subsequent sale of a strategic land site in Bromham, Bedfordshire, to Bellway Homes – unlocking the delivery of a significant new residential-led community.
The 42-acre site, located south of Northampton Road and east of the A428, has outline planning permission in place and will deliver up to 315 new homes, including 30% affordable housing. The development will also provide land for a new GP surgery, alongside significant contributions towards local infrastructure, including education, transport and health services.
The transaction marks the culmination of Rainier Developments’ successful promotion of the site and demonstrates the importance of collaboration between landowners, promoters, housebuilders and professional advisers in bringing forward sustainable development.
Lucy Haynes, residential development partner who led the deal, said: “Bromham is a great example of how strategic land promotion can unlock housing delivery and create sustainable, long-term communities that are supported by the infrastructure and facilities needed for people to thrive.
“Despite the wider challenges facing the residential market, transactions such as this highlight continued appetite for well-located, consented sites. We are seeing renewed confidence in the sector, with local authorities and developers increasingly focused on schemes that deliver meaningful placemaking alongside much-needed new homes.
“We are proud to have supported Rainier Developments through the journey from promotion to sale and to have played a role in bringing forward an important development for the village of Bromham and the wider Bedfordshire community.”
The sale represents the first transaction between Bellway and Rainier Developments and will now enable Bellway to progress its detailed reserved matters application, with construction expected to begin next spring, subject to planning approval.
The development will include new open spaces, play areas, cycle and pedestrian links, and retained and enhanced landscaping – helping to establish a sustainable new neighbourhood for existing and future residents.
Rainier Developments managing director Joshua Sinnett said: “We are delighted to have completed the sale of the land at Bromham to Bellway Homes. It has been a pleasure working alongside the team throughout the transaction and we would like to thank them, along with everyone else involved, for their collaborative approach in bringing the sale to a successful and timely conclusion.”
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