The sale of a large piece of agricultural land has paved the way for a substantial residential development in Burnley.

The 21.5-acre site at Hollins Cross, opposite Burnley Golf Club, has been purchased by Prospect Homes following Burnley Council awarding planning permission on the land in December.

The new development will consist of three, four, and five-bedroom homes and will deliver more than £1.25 million worth of s106 contributions, including £615,000 towards improved education facilities in the borough and £385,000 of biodiversity enhancements, as well as on-site affordable housing.

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The land was initially marketed by Savills’ development team in Manchester on behalf of the landowner, after which its planning team acted on behalf of Prospect Homes to secure planning permission for 200 homes.

Jay Duffield, associate director in the Savills Manchester-based development team, said: “We are very pleased to bring this sale to a successful conclusion for our client.

"The competitive terms that were secured reflect the North West’s robust land market but also the shortage of available, quality development land.”

Work will commence on the site, which is around two miles from Burnley town centre, later this year.

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Andrew Denton, head of land at Prospect Homes, said: “This will be our largest site to date so it’s a real milestone for the business as we continue to grow our presence across the North West.

“The 200 homes are an important development for the area and will contribute to meeting the demand for new homes in Burnley.

"It will be a great place to live with high-quality homes and green, open space and all with great connectivity to the wider area.

“As with all our developments, all profits from the sale of homes purchased at this development will be re-invested into Riverside to finance their social value work and support some of the most vulnerable in our communities.”