Cubbington
Leamington Spa
SoldThe landowner at Cubbington instructed Holt Property to assess and unlock the development potential of the former Waverley Riding School Stables (The Paddocks), a well-located 1.8 acre brownfield site in the Green Belt on the northern edge of the village.
Acting as the landowner’s agent, we assembled interests, addressed title constraints and negotiated a promotion agreement with Rosconn. Under this agreement, Rosconn led the planning strategy and secured detailed planning permission via appeal in October 2019 for 17 homes, with Holt Property advising the landowner throughout the promotion, appeal and sale. The site was subsequently sold to Warwick District Council for the direct delivery of new affordable housing.
Background
Instructed by the landowner to investigate development potential and maximise value on a previously developed Green Belt site.
Undertook full due diligence, including engagement with adjoining landowners and beneficiaries of the restrictive covenant.
Negotiated a promotion agreement with Rosconn and secured a brownfield allocation.
Rosconn secured detailed planning permission via appeal for 17 homes, including seven affordable/council properties, with Holt Property advising the landowner throughout.
Prepared the site for disposal through an organised, data-led sales process, creating strong competitive tension between bidders.
The consent has been implemented and all 17 new homes are now complete, delivering high-quality, energy-efficient housing on brownfield land.
Results
Professionally marketed with a comprehensive brochure and secure data room to support fully informed bids.
Competitive process with shortlisted interviews; Warwick District Council selected as preferred purchaser and the sale completed.
Delivery of 17 new homes - including affordable/council housing - to meet local needs and support the Council’s strategy for direct provision.
Sustainable design embedded: air source heat pumps, solar PV and EV charging points.
Clear resolution of title and covenant matters, ensuring a clean, deliverable consent.
Effective collaboration between Rosconn and Warwick District Council, with Holt Property representing the landowner, resulting in a successful, community-focused scheme.
The landowner is delighted with the outcome, reflecting strong value, a clean exit and a well-managed process.
We have an excellent reputation with our clients, understanding their needs and building strong relationships resulting in successful outcomes.