Terra Enters into an Option Agreement for a 27-acre Site in Lincolnshire 

Terra has agreed terms with a private landowner to purchase a 11Ha (27.3-acre) site in the Lincolnshire market town of Boston. A hybrid planning application is currently being prepared for a £67m mixed-use development featuring 315 new homes and a care home.

Located off Toot Lane, under two miles from Boston town centre, the site has an expired Outline Planning Approval, granted in 2016 by Boston Borough Council. Terra’s hybrid application will be a detailed submission for the first phase of 100 homes, with the proposed care home and the balance of the additional 215 residential units covered by an outline plan. A large expanse of Public Open Space and a fully-equipped play area will create a focal point for the scheme.

Jordan Langdon-Bates, Land and Development Director of Terra Strategic said: “With so many employment opportunities close by, Boston is an attractive and affordable place to live. The scale of this well-located site will enable the creation of a high quality new community of eco-efficient modern homes within easy reach of town centre amenities and local schooling.

“This immediately available site could help to meet South East Lincolnshire’s annual housing targets at a time when there is a considerable shortfall in the number of new homes being built across the UK. We are looking forward to working with Boston Borough Council’s Officers, Local Councillors and all stakeholders to move forward with our plans.”

Terra has appointed Nottingham-based planning and design specialists Nineteen47 to draw up the fresh plans for the scheme. A range of two-bedroom apartments, bungalows, and two-, three- and four-bedroom houses will be proposed. Hawthorn Tree Primary School is located opposite the entrance to the site, with the rest of the immediate area being predominantly residential in character.

Pilgrim Hospital – a major employment hub, which serves the whole South Lincolnshire area – is located two miles from the Toot Lane site. Boston College and the Grade I listed St Botolphs Church – which can be seen as far away as Norfolk – are both only a mile away. Boston Train Station offers regular direct services to Skegness, Grantham and Nottingham. The A52, A17, A46 and A1 connect Boston to the national motorway network.

Terra is an experienced residential land specialist, which enters into agreements with landowners and then pursues, funds and secures an agreeable planning permission. It also has the financial resources to secure land with or without residential planning consent to assist landowners looking for a quick sale process.

Terra has a national reach, having recently secured residential land in Bedfordshire, Gloucestershire, Herefordshire, Lincolnshire, Norfolk, Northamptonshire, Nottinghamshire, Oxfordshire, Somerset, Warwickshire, The West Midlands, Wiltshire and Worcestershire. Terra currently controls 24 sites, with circa 460 acres of residential land that is capable of delivering 2,200 new homes.

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