In 2010, the Feoffees purchased land at Derby Road from the Town Council and developed 2 x 3 bedroomed houses and 1 x 4 bedroomed house to the front of the site. The Town Council gave us a 10-year option to buy the remaining land, so in 2019 the Trustees instructed an architect to develop plans for more housing and bought the additional land when planning consent was granted in 2020.
Covid 19 slowed down progress on the project, however in 2022 a build contract was awarded and construction began.
With much anticipation, the 4 x 3 bedroomed houses and 2 x 1 bedroom flats were completed in August 2023. All the properties were fully carpeted, built with energy efficiency in mind and all have allocated parking spaces.
Due to receiving a legacy to assist people with visual impairments, the lower flat is designed with these needs in mind.
The total project costs including land, construction and fees amounted to just over £1,000,000. This was funded by a loan from Co-operative Bank, a grant of £150,000 from South Hams District Council and the Kingsbridge Feoffees own reserves.