RNS Number : 5045K
Inland Homes PLC
22 August 2012

For immediate release

22 August 2012


Inland Homes plc

('Inland' or the 'Company')

brownfield regeneration specialists and home builders



Detailed Planning Permission received for land in Chelmsford


Following the Company Trading Update on 27 July 2012, Inland Homes plc is pleased to confirm receipt of detailed planning permission for 127 residential plots (including 14 affordable units) for the northern part of St John's Hospital, Chelmsford.  The estimated gross development value of this 6.5-acre site amounts to £26.5m.







Inland Homes plc

Stephen Wicks, Chief Executive

Nishith Malde, Finance Director

Tel:  01494 762450



Ticker: INL                                                                      



Nominated Adviser & Broker

Corporate Finance:

Matthew Robinson

Rose Herbert

Corporate Broking:

Simon Starr

Tel:  020 7220 0500



TooleyStreet Communications

Fiona Tooley, Director

Graeme Cull, Consultant

Tel: 07785 703523



Editors Note:

Inland identifies brownfield land in the South East of England where it considers it to hold excellent potential for residential and mixed use development including commercial space. It then seeks to enhance its land value by obtaining planning permission before selling consented land onto developers.  It also develops some of its plots for private sale.


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