Honey, backed by private equity, is in acquisition mode. Credit: Brand8

Plans in for £15.5m Waverley resi

Housebuilder Honey has lodged proposals for a 54-home development in Rotherham, following a site purchase from Harworth in late 2023.

The development will be located on the former Orgreave colliery and coking site off Rivelin Way.

The land parcel was one of six offloaded by Harworth in December, bringing in a combined £40m-plus for the South Yorkshire regeneration group.

Subject to planning, Homes by honey at Waverley will comprise a mix of two-, three-, four- and five-bedroom homes and will include semi-detached and detached properties.

Sheffield-headquartered Honey says its house types have all been specifically designed to combine “style, substance and sustainability” for the benefit of buyers.

Homes by honey at Waverley will form part of the local council’s larger redevelopment plans to transform the 740-acre Orgreave site into a new, sustainable community. Sky-Hosue Co is also working in the area.

If given the go-ahead by Rotherham Metropolitan Borough Council, construction is expected to start this summer with residents able to move in from next summer. Of the 54 homes, 17 have been designated as affordable housing.

Founded in October 2022, Honey is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV which has £937m of fully committed capital.

Since the start this year, Honey has secured six sites across Yorkshire, Derbyshire and Nottinghamshire that, subject to planning, will deliver 867 new build homes and revenues of £262m.

Honey chief executive Mark Mitchell said: “Waverley is an outstanding regeneration project, so we are very pleased to be able to submit our plans for consideration to become part of it.

“We are committed to delivering homes designed to combine style, substance and sustainability for the benefit of our buyers and the communities in which we build.

“Our proposed Homes by honey at Waverley development will do just that, providing high quality, high specification new homes to meet the significant demand that exists in the area.

“We are excited by the opportunity to make our vison for our development a reality and we now look forward to Rotherham Metropolitan Borough Council considering our plans for the site.”

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