Coalville To Receive £1.5 Million Cash Injection To Boost Local Area

Coalville is set to benefit from almost £1.5 million of funding to improve services and facilities in the town thanks to leading homebuilder David Wilson Homes.

The funding, which totals £1,496,246.20, comes as part of the planning agreements for two new developments being built in the town by the company.

Abbots View, on Greenhill Road, and Stenson's Quarter, off Bardon Road, will bring a total of 158 new homes to Coalville over the coming years.

Both new and existing residents will benefit from the contributions, which include £149,180.79 towards education, £27,693.11 towards healthcare facilities in the area, £876,600 for highways and a sum of £15,500 for the improvement of the level crossing at Bardon Hill.

"At David Wilson Homes we believe community investment is one of the most important aspects of any new housing scheme," said John Reddington, Managing Director at David Wilson Homes East Midlands.

"With a strong presence in Coalville, both at our Abbots View and Stenson's Quarter developments, as well as having our head office in the area, we're thrilled to be able to give back to our community.

"We pride ourselves on being able to truly support the communities in and around our developments and as the two sites progress, we'll be contributing a great deal, not only in terms of the high quality homes we will be building, but also the jobs we will be creating and financial contributions to support the area."

Specific contributions include:

• £200,000 towards the provision of offsite affordable housing in Coalville
• £102,700 to be used towards two six-month bus passes per home
• £10,056 for a bus shelter and information display case at two bus stops close to the development
• A civic amenity contribution of £12,011
• A £149,180.79 contribution towards education in the area
• £8,532.00 monitoring fee to be paid to North West Leicestershire District Council
• £3,347.00 monitoring fee to be paid to Leicestershire County Council
• £27,693.11 towards healthcare
• £9,830 towards library facilities
• A level crossing contribution of £15,500
• An off-site highways contribution of £876,600
• £66,446 as a Police authority contribution
• £8350.30 to be used towards a travel pack for each new home
• A £6,000 travel plan monitoring fee
• David Wilson Homes will also be contributing towards public open space maintenance

Both Abbots View and Stenson's Quarter will bring a stunning range of two, three, four and five bedroom homes and bungalows to Coalville.

The developments are ideal for first-time buyers, families and anyone looking for their forever home. Commuters are well-catered for with excellent transport links via the M1, A50 and M42 providing simple routes to Leicester, Nottingham, Derby and Birmingham.

Coalville boasts primary and secondary schooling, as well as a range of traditional family-owned shops neighbouring high street favourites in the popular town centre.

For further information about David Wilson Homes developments or to register your interest and receive exclusive offers and updates, visitwww.dwh.co.uk or call 0844 811 5544.

A well-established homebuilder, David Wilson Homes prides itself on creating exceptional homes in the finest locations and recently achieved the maximum five star rating in a customer satisfaction survey ran by the Home Builders Federation for a sixth consecutive year.

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NOTES TO EDITORS

1) For further information about David Wilson Homes please contact Alanna Lintin or Alex Scoppie, Unsworth Sugden, on 0116 247 1777 oralanna@unsworthsugden.co.uk or alexs@unsworthsugden.co.uk

2) David Wilson Homes is part of Barratt Developments PLC, a FTSE100 company

3) Barratt Group sold 16,447 homes in the year to June 2015, making it the biggest housebuilder by volume in Britain

4) Barratt Group was awarded a maximum five star rating for the sixth consecutive year in the 2015 Home Builders Federation Customer Satisfaction Survey

5) Site managers working for Barratt Group won 81 awards for quality workmanship in the 2015 NHBC Pride in the Job Awards. Barratt has won more Pride in the Job awards than any other housebuilder for the last eleven years

6) Barratt Group is the only housebuilder to provide a five year warranty to the first owner or purchaser direct from the company of its new build homes, on the fixtures and fittings installed at the time of purchase