Sheffield-based private equity-backed housebuilder Honey has submitted plans, and exchanged contracts, on a site in Doncaster for a project aiming to deliver a total of 184 new homes, 43 of which are designated as affordable housing.
This proposed development, which has been named Opal, is located off Cammidge Way and is adjacent to Bawtry Road in Bessacarr, with the site covering 16-acres of land.
While subject to planning, the site aims to be made of largely two, three, and four bedroom homes, featuring 17 of Honey’s house design types.
The proposed site in Bessacarr will form part of the Doncaster local plan, which requires 15,640 new homes to be built by 2035.
If this plan is approved then work is set to commence in May 2025, with first residents having the opportunity to move in as soon as Spring 2026.
Honey was founded in October 2022 by former Avant Homes chief executive Mark Mitchell. It is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV, which has £937m of fully committed capital.
Mark Mitchell, Chief Executive at Honey, said: “Bessacarr is a fantastic location for us to build. Our extensive market research has discovered there is significant demand for high specification, high quality homes in and around the local area.”
“Our proposed development will satisfy this demand with properties that are thoughtfully designed to combine style, substance and sustainability for the benefit of our buyers and the local community.”
“We are very pleased to have submitted plans and exchanged contracts on our Opal development and we now look forward to Doncaster Council’s response.”
Greg Williams, Head of Business Development at Compariqo, commented: ““The Opal development is an ambitious project that comes at just the right time to assist in reducing the effects of the British housing crisis and assisting Doncaster in achieving it’s housing targets for 2035.”
“Compariqo is eager to see the benefits this will bring to the local community and is here to assist with any projects”
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