Business Mansfield East Midlands

Honey begins work on 133-home development near Mansfield in £40m scheme

Private equity-backed housebuilder Honey has started on a £40m development off Nightjar Way, Rainworth, that will deliver 133 new homes and aims to release the first plots for sale in late autumn.

Honey begins work on 133-home development near Mansfield in £40m scheme
©Illustration AI Harpreet Gill / we-news.com

Major new housing development under way near Mansfield

Construction has started on a 133-home housing development close to Mansfield after housebuilder Honey secured planning permission for a £40 million scheme.

The development, named Melisse, is being built off Nightjar Way in Rainworth and will offer a mix of two-, three-, four- and five-bedroom properties. Honey says it expects the first homes to be released for sale in late autumn, with the first residents due to move in by late spring next year.

The project is one of a growing number of developments Honey has taken forward since its launch in October 2022. The company has identified 32 immediate sites across the Midlands and Yorkshire that are expected to provide 4,842 homes with a combined gross development value of £1.4 billion. Honey is backed by private equity firm Alchemy Partners and its Alchemy Special Opportunities Fund IV, which has £937 million of committed capital.

"Our Melisse development will help meet the strong demand for high-specification new homes from buyers looking to move within, or to, Rainworth," said Honey chief executive Mark Mitchell. "We are focused on meeting the needs of our customers through providing homes which offer the best combination of style, substance and sustainability at their price points."

Locally, the scheme will add new housing choice in a part of the district that has seen steady demand for family homes. The developer has described Melisse as targeting buyers seeking modern, energy-conscious properties, although specific details on house types, prices and on-site infrastructure have not been published beyond the bedroom mix and anticipated timetable.

  • Site: Melisse, off Nightjar Way, Rainworth
  • Number of homes: 133 (two- to five-bed)
  • Value: £40 million
  • Timeline: plots for sale late autumn; first moves late spring next year

While the developer's statement highlights demand and sustainability, local residents and councillors will be watching for information on transport, local services and affordable housing provisions as work progresses. New housing schemes can increase pressure on roads, schools and healthcare services if matching investment in local infrastructure is not secured.

Honey has positioned Melisse as part of a rapid expansion since the business began in 2022. The scale of its pipeline — nearly 5,000 homes across 32 sites in the Midlands and Yorkshire — underlines the company's ambition and the financial support from its backers. The backing of a substantial private equity fund suggests Honey has the capital to complete multiple schemes quickly, but also ties its plans to investor expectations about returns and market conditions.

Metric Figure
Homes at Melisse 133
Development value £40 million
Honey pipeline (sites) 32 sites
Pipeline homes (total) 4,842 homes
Pipeline GDV £1.4 billion

For prospective buyers and local residents, the coming months should bring more detail. Honey has said it will release the first plots for sale in the autumn; those announcements will provide clearer information on house types, prices, and any on-site community facilities or affordable housing contributions. Meanwhile, planning officers and local councillors will continue to monitor progress as groundwork begins.

The arrival of a sizeable private developer on the edge of Rainworth is likely to be felt across the wider Mansfield area — from local tradespeople and supply chains during construction, to longer-term changes in the housing mix and local demand. How those effects are managed will depend on the commitments made by Honey and the borough council to mitigate pressure on services and ensure the development benefits the existing community.

Harpreet Gill
Harpreet AI East Midlands Correspondent online

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