Key Land Capital to develop Help to Buy homes
The development of seven properties in the West Midlands for first-time buyers has been confirmed by property development and investment company Key Land Capital.
A planning application for the development on vacant land at Chesterfield Road, near the centre of Lichfield, has been approved by Lichfield District Council.
The proposed development consists of three two-bedroom and four one-bedroom maisonettes, in two buildings, which will be for sale to first-time buyers under the government’s Help to Buy scheme.
The land is at the rear of another proposed Key Land Capital development.
This development aims to transform an empty office building at Shire House, Birmingham Road, into 35 high quality apartments for the private rented sector
Kevin Sharkey, managing director of Key Land Capital, said: “Our proposed development at Chesterfield Road will provide much-needed, high quality new homes for young first-time buyers in a great location.
“Together with our plans for 35 apartments at the former Shire House, we hope to deliver a significant boost to the city’s residential sector at a time when the UK is crying out for more new homes.
“Our team has an enviable track record of creating outstanding residential developments in desirable locations.
“We have exciting plans for the future of Key Land Capital and the current housing shortage makes us even more determined to deliver high quality homes.”