Advertisement

Inland Homes wins planning permission for residential development

Inland Homes has been granted planning permission for 101 homes in Chelmsford, east England.

Inland Homes has been granted planning permission for 101 homes in Chelmsford, east England.

The development, located on the southern part of St. John's Hospital, will include 12 detached house backing on to Chelmsford Golf Course. It has an estimated gross development value (GDV) of £34m.

The company has also acquired a site for 40 units in Markyate, near St Albans, Hertfordshire. Development will start immediately and the project has estimated GDV of £10.m.

Advertisement - Article continues below

In Woolwich, London Borough of Greenwich, Inland has purchased a one acre site to develop 177 apartments, worth expected GDV of £32m.

Since the start of the year, the group has achieved £9.1m of sales, served, contracted or completed.

Inland is awaiting offers on 76 plots for sale on one of its sites.

It has four house building outlets and one under management for Drayton Garden Village.

Shares advanced 6.36% to 31.37p at 11:36 Wednesday.

RD

Advertisement
Advertisement

Recommended

Visit/investments/investment-strategy/601044/broker-safety-your-questions-answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
Visit/investments/investment-strategy/600861/how-demographics-affects-stock-valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Visit/investments/stocks-and-shares/600863/sirius-minerals-anglo-american-takeover
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020
Visit/investments/stockmarkets/600634/why-investors-should-be-cautiously-bullish-for-2020
Stockmarkets

Why investors should be “cautiously bullish” for 2020

Analysts have been out in force making rosy predictions for stockmarkets in 2020, but while there is certainly a case for optimism, investors should r…
17 Jan 2020

Most Popular

Visit/investments/commodities/industrial-metals/601401/money-printing-infrastructure-base-metals-copper
Industrial metals

Governments’ money-printing mania bodes well for base metals

Money is being printed like there is no tomorrow. Much of it will be used to pay for infrastructure projects – and that will be good for metals, says …
27 May 2020
Visit/economy/eu-economy/601422/heres-why-investors-should-care-about-the-eus-plan-to-tackle-covid-19
EU Economy

Here’s why investors should care about the EU’s plan to tackle Covid-19

The EU's €750bn rescue package makes a break-up of the eurozone much less likely. John Stepek explains why the scheme is such a big deal, and what it …
28 May 2020
Visit/investments/funds/601385/in-support-of-active-fund-management
Funds

In support of active fund management

We’re fans of passive investing here at MoneyWeek. But active fund management has its place too, says Merryn Somerset Webb.
25 May 2020