Developers have submitted plans to build nearly 700 homes on a former golf course in Salford. Housebuilders Bellway and Countryside acquired the old Brackley Golf Course in Little Hulton for £40m last year.
The housebuilders have now submitted initial proposals to construct 345 homes each on the 66-acre site. The two companies agreed to buy the land for £39.3m in November last year.
But, in December the developers renegotiated the terms of the sale. Salford council, which jointly owned the site off the M61, will still pocket £18.5m – the biggest single capital receipt in its history.
A squatter had to removed from the site late last year to progress with the scheme. READ MORE: Huge £40m sale agreed as plans for 700 homes on Salford golf course set to go ahead The council’s share of the £40m sale price amounted was 47%, with the rest going to MHE Investments.
Read more on manchestereveningnews.co.uk
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