Blenheim Estate has acquired its long-standing development partner Pye Homes along with its management team.
Pye Homes is currently working with the Blenheim Estate on building 169 homes at Hanborough Gate and has just started work on 300 homes at Park View, east of Woodstock.
This includes Blenheim’s first Affordable Housing, with the affordable rental properties available at a 40% discount to the market rent.
Property is an integral part of Blenheim’s 10-year development programme that includes tripling the Estate’s contribution to the local economy, creating more than 300 truly affordable homes and creating a £45m endowment fund to ensure the long- term future of the World Heritage Site.
Blenheim Estate’s new development at Park View, east of Woodstock will be the first to incorporate the principle of Landowner Legacy which recognises local landowners have a social, economic and moral responsibility to deliver developments that its local community can be proud of.