Inspired Villages Group

Developer acquires later living scheme



Inspired Villages Group (IVG) has announced the acquisition of a later living scheme in Kent, which is set to provide more than 115 new homes.

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The Legal & General-established later living accommodation developer has purchased the seven-acre site, which has planning consent for a retirement village and a GDV expected to be in excess of £50m.

The homes in Ledian Farm in Leeds Village, Kent – close to Leeds Castle – will include a selection of luxury cottages and apartments centred around a clubhouse.

Jamie Bunce, CEO at Inspired Villages Group, said: “Ledian Farm is the seventh site secured by Inspired Villages since its formation with Legal & General in August 2017.

“Due to the scarcity of high-quality stock in the UK’s later living housing market, IVG recognises that the main path to scaling its business is through organic growth.

“Ledian Farm is exemplary of the sort of land we are looking for, with its location and scope for development providing an excellent opportunity to deliver age-appropriate accommodation, lifestyle and wellbeing services to our communities.”

IVG currently has six other village schemes located in Warwickshire, Cheshire, West Sussex, Devon and Hampshire.

The Ledian Farm scheme will increase the developer’s property portfolio to over 1,100 apartments.

 “IVG is proud to create safe and positive environments in this emerging sector and adding Ledian Farm assists in meeting the increasing demand for high-quality senior living across the whole of the UK,” added Jamie.

“We are working on a significant number of exciting opportunities across the UK to further add to the growing portfolio of Inspired Villages in 2018.”



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