MORE THAN 50 homes are being built in a new Binfield development.
Burrington Estates is launching its first development in the Thames Valley, in its expansion into the home counties.
The village style development located on Tilehurst Lane will begin early next year, alongside a show home.
The housebuilder launched in 2013, focusing on the south west.
It is now aiming to build in Berkshire, Oxfordshire and Warwickshire.
The expansion is led by David Jervis, due to his experience growing the Spitfire Bespoke Homes business in the Midlands.
David Jervis, regional director at Burrington Estates, said: “Our first development in Binfield marks the beginning of an exciting new phase of growth for Burrington Estates.
“The company has performed well across Devon and Cornwall but now we are expanding … where we know there is a strong potential market for our brand of high quality, well-designed new homes.”
The company has had a £15.5 million investment from BGF, and aims to treble turnover in five years.
The majority of funds will be used for homes, with £2 million for commercial property.
The company has already been secured at sites in Berkshire, Oxfordshire and Warwickshire to generate £100 million in turnover.
Burrington Estates aims its homes at the mid-market, with the Binfield development focusing on three- to five-bedroom homes.
For more information, visit: www.burringtonestates.com
