Scottish housebuilder Springfield Properties has unveiled plans to create a 140-home scheme in Ballingry near Fife, within which all the houses will be affordable.
The plans include a mix of two and three bedroom bungalows, terraced and semi-detached homes on the site of the former Kirkland Farm land. The new homes will sit between the memorial gardens and Ballingry Meadow Wildlife site which will be linked to the development by footpaths and informal tracks.
The scheme will be Springfield’s first in the region and follows last month’s acquisition of fellow housebuilder Dawn Homes for £20.1m.
Group partnerships managing director Tom Leggeat said: “To have been granted planning consent in an area where we haven’t built before is great news. We’ll be building a mix of affordable houses and bungalows with our established and local partner, Kingdom Housing Association.
“The development is open and spacious with green areas for children to play. The homes will be energy efficient too meaning reduced running costs for the tenants. The construction of the new homes will bring jobs to Ballingry, which will in turn support the local economy. We are looking forward to making a start on site in the coming months.”
Springfield posted its maiden interim results showing a 10.5% rise in revenue, and a 19.6% leap in adjusted pre-tax profit, in February of this year.