Published on 2nd July 2025

£2.8m of funding from Homes England has been approved to breathe life into the site at 320 Swindon Road. Speller Metcalfe has been appointed as the contractor for the project.
The site at 320 Swindon Road is on track to be bought back to life, thanks to £2.8 million in funding approved by Homes England.
To help deliver this ambitious scheme, Cheltenham Borough Council has appointed multi award winning contractor, Speller Metcalfe to lead the project.
This marks a significant step forward in the council’s commitment and drive to bring more affordable housing to the town. The upcoming development will consist of 24 high quality, affordable new homes and will see the site regenerated to bring life to the existing neighbourhood.

Local residents can look forward to green outside spaces, which has been put aside for trees and greenery to thrive. Room has also been made available for hedgehog highways, including bat, bee and bird boxes to allow wildlife to flourish too.
The development at 320 Swindon will deliver 17 apartments and 7 houses, available through social rent and shared ownership. The new homes have also been designed with sustainability in mind and will include, solar panels, green roofs and low carbon construction to provide a more natural living environment and a high environmental performance.
Councillor Alisha Lewis, cabinet member for major developments and housing delivery, said: “This is a great milestone and a wonderful opportunity to bring a former disused brownfield site back to life. We’re delivering sustainable homes that are affordable not just to buy or rent but to live in day to day - saving people money and the planet.”
“The £2.8m of funding that’s been approved is a significant addition to our investment in housing in Cheltenham. This is one of many major projects for the Borough that we’re working on to provide much needed housing to people, whether they are on a waiting list or have been struggling to get on the ladder, everyone deserves a place they can call home.”
Mark Eaton, divisional director at Speller Metcalfe, said: “We’re proud to be partnering with Cheltenham Borough Council to deliver more sustainable, affordable homes for the town. As a contractor with strong regional roots, we know how important developments like this are in supporting local communities - creating high-quality housing while promoting greener, healthier neighbourhoods. We’re delighted to bring our expertise to this project and look forward to getting underway later this year.”
Construction works is scheduled to begin in Autumn 2025.
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