Pennyfarthing Homes secures planning for resi development in Verwood (GB)

Pennyfarthing Homes secures planning for resi development in Verwood (GB)

Planning approval has been granted for 38 new homes as part of Pennyfarthing Homes’ Potters Wood development in the Dorset village of Verwood. The decision represents the third and final phase of Pennyfarthing’s project and will bring the total number of homes up on the scheme to 268.

 

Reflecting Pennyfarthing’s commitment to addressing local housing needs, 19 units will be designated as affordable ‘First Homes’ designed to support local first-time buyers and key workers in the area. The affordable units will consist of two and three-bedroom houses, as well as one and two-bedroom flats. The remaining 19 open market homes will offer a variety of options for customers, including two- and three-bedroom bungalows and three-bedroom houses.

 

The new phase is situated on a 1.6-ha greenfield site and will feature a generous open space, providing residents with accessible recreational areas and landscaped grounds. The development benefits from its proximity to an existing Suitable Alternative Natural Greenspace (SANG) and a recently refurbished council-owned playground, which was funded by Pennyfarthing Homes. These amenities ensure that residents can enjoy a healthy and active lifestyle in a beautiful natural setting on the edge of the New Forest.

 

Matt Dukes, Managing Director of Pennyfarthing Homes, comments: "Potters Wood has been a major success, proving highly popular with local home-movers and people wanting to move closer to the New Forest. We are proud to see it come to full fruition with planning approval for this final phase of 38 new homes. By making half of those homes available on an affordable basis we are once again reinforcing our commitment to delivering high-quality, accessible housing for the Verwood community. We look forward to seeing the positive impact this final phase of the development will have on local residents and the broader area."

 

Construction of the final phase is set to begin later this year, with the first homes expected to be available by January 2025. Potters Wood is Pennyfarthing Homes’ flagship Dorset development and has enjoyed consistent sales success since the start of the project in 2019.

 

Image provided by Oracle Group.

 

Europe Real Estate — an overview of real estate developments in European countries.

 

Related News