Press
NORTHERN TRUST AND MIDLANDS LAND PORTFOLIO LTD COMPLETE SALE OF BULCOTE STEADING SITE TO WOODALL HOMES
17th July 2025
Northern Trust is pleased to announce the successful sale of the 15.8-acre site at Bulcote Steading, Nottinghamshire, to regional housebuilder Woodall Homes.
The land, which is owned by Midlands Land Portfolio Limited (MLPL)—the property development arm of Severn Trent—has been brought forward for development by Northern Trust, acting as planning promotion partner on behalf of MLPL.
Northern Trust previously secured detailed planning permission for the sensitive redevelopment of the site, which includes the conversion of the Grade II Listed model farm buildings to create 24 new homes and a community hall, alongside 41 new-build dwellings. Located within the Bulcote Conservation Area and Green Belt, the site presented a number of complex planning and heritage challenges. These were carefully addressed through close collaboration with Newark and Sherwood District Council, Historic England, and the wider project team.
John Tootell, Strategic Land Director at Northern Trust, said: “We are delighted to have concluded the sale of this unique site to Woodall Homes. This marks the next stage in delivering a truly special development that safeguards the future of important heritage assets while also bringing forward high-quality new housing. It has been an extremely complicated process with various obstacles along the way, and we are proud to have worked in partnership with MLPL and the local authority to bring the scheme to this point. We are delighted the site is now in the hands of Woodall Homes and look forward to seeing the vision for Bulcote Steading come to life. We would also like to extend our thanks to Fisher German for their role in expertly marketing the site for sale and supporting the transaction process.”
Chris Dwan, Land & Planning Director at Woodall Homes, added: “We’re incredibly excited to see this site coming forward as a flagship development for Woodall Homes. It marks a significant milestone for us as part of our broader growth ambitions, and we’re proud to have played a key role in bringing the project to this stage. The development proposals have been years in the making, and it has been a genuine pleasure working alongside Northern Trust and MLPL since our involvement began in Summer 2022. A huge amount of hard work and collaboration has gone into reaching this point, but in many ways, this is just the beginning. For us, the real work starts now, and we’re looking forward to successfully delivering these 65 high-quality homes over the coming years and seeing this exceptional development take shape.”
The sale follows a comprehensive marketing process led by Fisher German, acting on behalf of Northern Trust and MLPL.
Adam Tustain, Senior Property Development Manager and Midlands Land Portfolio Limited commented “We are immensely proud to have completed the sale of Bulcote Steading to Woodall Homes. This project was particularly complex due the sensitivities surrounding the nationally recognised Grade II Listed Model Farm complex and the surrounding Bulcote Conservation Area. Securing planning permission and concluding the sale required years of collaboration with numerous stakeholders. Now, these historic buildings, originally built in 1904, will be revitalised so that they can continue to be appreciated for the next 100 years or more. We are very much looking forward to seeing Woodall Homes create a unique high quality housing development from our surplus land and deliver much needed new homes to this area of Nottingham.”
Northern Trust would also like to thank Merlin Land for providing the high-quality imagery during the planning process and to accompany this announcement.
For further information on Northern Trust’s strategic land projects, please visit the dedicated website: www.ntland.co.uk.
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