Council hopes to buy homes on Raleigh site for social housing

THERE are hopes new homes built on a former site of bike company Raleigh could be used to boost a council’s housing stock.

- By EDDIE BISKNELL

More than 100 new homes are set to be built on the former headquarters of the bike giant in Church Street, Eastwood.

Property developer Homes by Honey was granted outline planning permission for 125 homes at the site in January 2025 and Broxtowe Borough Council approved the development’s fresh layout and design plans - the next and more detailed stage in the planning process - on Wednesday.

Housing variations have been altered slightly since the plans were first submitted, meaning out of the 113 open-market homes there will be four two-beds, 56 three-beds, 48 four-beds and five five-bed properties.

Out of the scheme’s 12 affordable homes, there will be four one-bed properties, four two-beds and four three-beds.

The £41 million housing development - which will be called Raleigh - will have a “contemporary slant” according to plans, contain new green space areas and its access will come from the south of Church Street.