FHP Property Consultants have been instructed to sell a residential site of 1.5 acres fronting Melton Road in Edwalton which has an outline planning consent for nine large houses. “Many people will know this site as ‘the Xmas tree site’ on Melton Road, as many have bought their Christmas trees
The show home at ‘The Yacht Club’ – an exclusive residential development on the banks of the River Trent, is now open to give prospective buyers a glimpse at the luxury waterside lifestyle on offer. The scheme, by Leeds-based developer KMRE Group Ltd, comprises 81 one, two and three-bedroom apartments,
Caddick Construction is making strong progress on the delivery of 25 exclusive properties at Windermere Marina Village, with the structure of the buildings now complete. The development will provide 23 luxury apartments over four-storeys and two townhouses, all offering a waterfront view. Built in locally sourced stone and slate, they
A new show home has opened to the public at a luxury housing development in Carterton, West Oxfordshire. Linden Gardens, a sought-after residential scheme comprising 32 homes, is due for completion in summer 2021, with first completions in February 2021, and will feature two bed apartments, three and four bed
A stunning selection of luxury homes near Market Bosworth, hailed as “Leicestershire’s finest new residences”, have officially gone on sale for more than £18m. The 19 bespoke homes are being built by four times “House Builder of the Year” Springbourne Homes at their exclusive ten acre Hornsey Rise site in
A room with a view, a front door onto the street, and a garden are proving more seductive for the wealthy than a James Bond-style bachelor pad in Chelsea. London’s high-end housing market is surprising estate agents who are reporting increased transactions for properties worth more than £5m. Estate agents Dexters marketing
Work on Kapex Construction largest contract win, the construction project is three months ahead of schedule and is due to complete in early 2021. Eldon House at Gosforth’s Regent Centre is undergoing a £5.37million transformation to redevelop the former vacant office building into 66 luxury apartments. Kapex Construction, part of
Birmingham-based Urban Village Capital has overcome the obstacles of lockdown to deliver full completion of its latest luxury £14m apartment development. Knight’s House, a stunning nine-floor former office block in affluent Sutton Coldfield, features a total of 63 apartments – including 12 penthouses, and continues the company’s upward spiral and
BDC 321 : Oct 2024
FHP Property Consultants have been instructed to sell a residential site of 1.5 acres fronting Melton Road in Edwalton which has an outline planning consent for nine large houses. “Many people will know this site as ‘the Xmas tree site’ on Melton Road, as many have bought their Christmas trees from the site over the years,” said David Hargreaves joint founder of FHP who is handling the sale. In addition to the 0.9-acre field, there is a four-bed bungalow which sits on a further 0.6-acre site. “The site has outline planning consent for nine executive homes of 2,500 sq. ft, which, with sales prices of up to £450 per sq. ft in the area, should attract prices of £1 million to £1.2 million each. Adjacent to the site, FHP Living have sold four properties for £1 million each,” added Jules Hunt of FHP Living. The residential site sits across the road from the site where Guy Phoenix developed two ultra-luxury homes at prices of £4 million and £7 million. Hargreaves confirmed that offers in the region of £3 million are required for the site, with very strong early interest. Although the planning consent is for nine houses, the site could suit three very large homes, an apartment scheme, or a care home or ‘later living’ development.
The show home at ‘The Yacht Club’ – an exclusive residential development on the banks of the River Trent, is now open to give prospective buyers a glimpse at the luxury waterside lifestyle on offer. The scheme, by Leeds-based developer KMRE Group Ltd, comprises 81 one, two and three-bedroom apartments, including penthouses, with prices starting from £250,000 to £800,000. Situated in a prime waterside location to the south of Trent Lane, The Yacht Club will offer residents panoramic views of the river and The Hook nature reserve in Lady Bay. Following the government’s budget announcement at the beginning of March, the stamp duty holiday has now been extended until the end of June for homes under the value of £500,000, and until the end of September for homes under £250,000 – presenting house hunters with considerable potential saving opportunities for any property purchases in the coming months. Prospective homebuyers can also take advantage of the return of 95% mortgage schemes, which started at the beginning of April – allowing buyers to put down a deposit of just 5% on the home of their choice. FHP Living has been appointed as the selling agent for The Yacht Club development and interested parties can contact Steve Parker on 0115 841 1155 for information and viewings. With all south-facing apartments featuring either a large balcony or terrace overlooking the River Trent, including on the lower floors – the development boasts majestic waterside vistas in tranquil surroundings, with the green landscape from The Hook nature reserve located just over the river, and Colwick Country Park less than half a mile away. Designated as a Local Nature Reserve in 2009, The Hook is home to abundant wildlife, an orchard and wildflower meadows, providing The Yacht Club with stunning, uninterrupted views. The location also benefits from no passing traffic, except that of boats, rowers and paddle boarders along the river. The scheme boasts high spec fixtures and fittings throughout including Italian-style kitchens, AEG appliances, underfloor heating, resident parking and picturesque outdoor communal spaces for residents to enjoy, in its prime location. Just a mile away from the vibrant and chic West Bridgford, it is close to a host of independent shops, bars and restaurants, as well as the world-renowned Trent Bridge Cricket Ground, Nottingham Forest FC’s City Ground and Notts County FC’s Meadow Lane stadium. The Yacht Club sits close to a number of waterside developments transforming the banks of the River Trent, becoming known as Riverside – and plans have been put forward for a pedestrian footbridge to be built over the river in the next couple of years, to cater to the burgeoning waterside residential communities. In close proximity to Nottingham train station and the city centre – less than two miles away – the luxury development will provide residents with access to Nottingham’s prime retail and cultural amenities, with the likes of John Lewis, Flannels, Paul Smith, Vivienne Westwood and Ted Baker among the high street stores. As well as two world-class universities and major employers such as Boots, Experian and E.ON being based in the area – the historic Nottingham Castle, Victorian Lace Market district and 19th Century Arboretum park and gardens make up some of the city’s best points of interest and unique and quirky attractions. The show suite is now available for private viewings, enabling professionals, couples, families and downsizers the chance to peek into the exclusive riverside lifestyle that The Yacht Club has to offer. It will also provide the first opportunity for confirmed buyers to personalise and upgrade apartments – with bespoke options to choose from for interior décor, fixtures and fittings. Kam Mogul, managing director at KMRE Group Ltd, said: “We are extremely proud to be delivering this unique flagship residential scheme, providing the finest quality spacious homes, with unrivalled views of the River Trent, in an idyllic waterside location, that really provides a tranquil oasis for residents. “With excellent transport links, local amenities on your doorstep and quality living spaces, The Yacht Club offers residents a luxury lifestyle, with a tranquil setting and picturesque views over the water. This is the first of our landmark ‘Southern Gateway’ developments in Nottingham, which also include the 62-apartment Hindle House residential scheme.” Steve Parker, director at the selling agent, FHP Living, said: “The central, yet serene location of The Yacht Club makes it a truly idyllic place to live alongside the river. “As the area’s residential riverside communities continue to grow, Nottingham is experiencing an influx of people moving to the city from areas including London, as many look for a fresh start following lockdown. The stamp duty holiday extension and the introduction of 95% mortgage schemes have also been welcomed by the housing sector, as they are great incentives for those looking to move to a new home and take advantage of the potential savings in the process. “We have had a great deal of interest in The Yacht Club so far, with 40% of the properties already sold, so we’d urge anyone keen to view the show home to act quickly and register interest.” Construction works at The Yacht Club involve a phased completion, with the first practical completion in June 2021, and a full handover of the site expected in July 2021.
Caddick Construction is making strong progress on the delivery of 25 exclusive properties at Windermere Marina Village, with the structure of the buildings now complete. The development will provide 23 luxury apartments over four-storeys and two townhouses, all offering a waterfront view. Built in locally sourced stone and slate, they surround the modern 400 berth marina with its popular Boathouse Bar and Restaurant. Derek Billows from Caddick Construction said: “We are making great progress on site and will complete this luxury development towards the end of this year. With many of the properties already sold off plan, it will bring a welcome boost to the local economy.” Windermere Marina Village is less than a mile to the south of Bowness on Windermere with easy access to the southern Lake District. A popular holiday destination, the village offers a variety of holiday lettings in apartments, townhouses and boathouses. Jason Dearden, Managing Director of Windermere Marina Ltd, said: “Windermere Marina is a vital part of the local tourism sector. Delivering more homes here will further boost the local economy and create even more vitality at this popular destination. The development is of the highest specification and has proved hugely popular, I suspect we may sell all of the properties before they complete at the end of the year.” The project further strengthens Caddick Constructions Kendal office, which recently completed the Furness Peninsula Blue Light Hub project at Ulverston, Gateway 44 Retail Park in Carlisle and a variety of luxury car dealerships across Cumbria.
A new show home has opened to the public at a luxury housing development in Carterton, West Oxfordshire. Linden Gardens, a sought-after residential scheme comprising 32 homes, is due for completion in summer 2021, with first completions in February 2021, and will feature two bed apartments, three and four bed semi-detached homes and three, four and five bed detached homes, all of which will be finished to the finest quality with high spec fixtures and fittings, and landscaped gardens. Prices will range from £250,000 to £800,000 and the opening of the new show home will give prospective buyers a glimpse into the luxury development, with visitors welcome to view the show home by booking an appointment with selling agent Connells. To comply with current COVID-19 restrictions, measures will be in place to ensure the safety of visitors – including a health and safety questionnaire for all guests prior to viewing the show home and a limit on how many people may attend per household. For interested buyers who do not wish to visit the show home in person, a virtual video tour will be available upon request. Located just a mile south of Carterton town centre, Linden Gardens is set in a stunning location adjacent to both Kilkenny Lane Country Park and Kilkenny Lane allotments surrounded by a range of leisure facilities and local amenities. Neighbouring towns include Witney, Cheltenham, Burford and Swindon, with the city of Oxford and the Cotswolds situated less than 20 miles away. The development’s closest train station – Long Hanborough – is also ideally located 10 minutes from Oxford, 40 minutes from Reading and just one hour from London Paddington. Co-founder and chief executive officer of Taggart Homes, Michael Taggart, said: “We are extremely pleased to be opening the new show home to interested buyers, so they can really immerse themselves in this beautiful family development. “As with every property by Taggart Homes, Linden Gardens will be finished to the highest standards, featuring excellent workmanship and materials for the build, interior fixtures and landscaped gardens. The development is located in a prime position for families and commuters, with convenient road and rail links to nearby towns, cities and places of interest, including London and the Cotswolds. The development also benefits from proximity to the country park, with open fields beyond, making it a wonderfully peaceful place to live, nestled in West Oxfordshire. “We have taken great care to ensure that the show home is a COVID-safe environment, whilst still providing visitors with the chance to see all that the property and development has to offer. For anyone who is self-isolating or uncertain about visiting in person, we have ensured that video tours of the property are available.” Kerry Rees, Connells new homes sales advisor, said: “There has already been significant interest and excitement for this development, and we are pleased to be giving prospective homebuyers the opportunity to see inside the show home. One of the scheme’s biggest selling points is its location – tucked away in a peaceful setting, with plenty of amenities, fantastic schools and convenient connections to neighbouring cities nearby. “The development’s variety of properties makes it the ideal location for so many different buyers from first timers to city workers and families.
A stunning selection of luxury homes near Market Bosworth, hailed as “Leicestershire’s finest new residences”, have officially gone on sale for more than £18m. The 19 bespoke homes are being built by four times “House Builder of the Year” Springbourne Homes at their exclusive ten acre Hornsey Rise site in Bosworth Road, Wellsborough. Now the award-winning developer has teamed up with the area’s premier estate agent, Alexanders, to sell the stylish, architect-designed properties. Alexanders’ senior partner Tom Smith said: “We are proud and excited to have been instructed by Springbourne Homes to market their fabulous Hornsey Rise site which, in our opinion, offers Leicestershire’s finest new residences and some of the most exceptional new homes in the Midlands. “This exclusive development is in the heart of the countryside, with panoramic views in all directions and even boasts its own private three acre woodland with walking trails for the sole use of residents. “All the properties sit on substantial plots and have been cleverly designed for modern day living and working, with fast, fibre optic broadband wired into all habitable rooms and with most of the houses offering a separate, home office option. “It all contributes to making Hornsey Rise a special development, one with so many benefits that it allows buyers the perfect opportunity to live, work and play in the comfort of an elegant, new home set in an idyllic location. “There’s no doubt about it – working from home has never looked so good.” Working remotely has certainly soared as a result of the current Covid-19 pandemic with many company offices across the UK being shut in a bid to stop the spread of the killer virus. Springbourne Homes chairman Adrian Burr believes many of those workers will never return to their office desks, but continue to work remotely instead and says his new homes have been designed to accommodate the change in working practices. He explained: “Some firms have already announced that they’re ready to allow an increasing number of staff to work remotely in future, which means there’s a growing amount of people now requiring a dedicated office space at home. “At Hornsey Rise we’re offering just that. We’re delivering agile, flexible homes which provide the option to create a designated home office for work and/or for study.” Burr describes the desirable development as his “best-ever” site with his hi-tech homes replacing the former Hornsey Rise Care Home, which closed in 2012 and quickly became a target for arsonists and vandals. The Springbourne boss added: “Hornsey Rise is the jewel in the crown of the Springbourne portfolio and is without doubt the best-ever development in the company’s 26 history. “There has been keen interest already but we’re expecting a real surge of interest now that we have commissioned Alexanders to officially market this prestigious site. “It’s a premier development in the region so naturally we wanted the area’s premier estate agents to take it to market with us and we’re looking forward to welcoming our first buyers to Hornsey Rise in time for Christmas.” The new 3,4 and 5 bedroom homes range in price from £570,000 to £1,365,000 with completion anticipated between December 2020 and mid 2021. For more information on the Hornsey Rise development and Springbourne Homes visit: www.springbournehomes.co.uk For more information on Alexanders estate agents, visit: www.alexanders-estates.com
A room with a view, a front door onto the street, and a garden are proving more seductive for the wealthy than a James Bond-style bachelor pad in Chelsea. London’s high-end housing market is surprising estate agents who are reporting increased transactions for properties worth more than £5m. Estate agents Dexters marketing director Richard Page says: “Since the market re-opened we’ve had more than 9,000 viewing appointments across London per week and our website has never had so much traffic with 90,000 visits a week. “London is busy and people are getting on with their lives.” However, travel restrictions mean foreign investors are no longer driving the market. Demand for a pied-à- Terre in traditional super-prime hotspots such as Belgravia, Chelsea, Kensington, Marylebone, and Westminster have waned. Global estate agents Savills says central London prime properties are currently on sale for 21 percent less and sales activity is slow. Savills PR director Sue Laming says: “The prices are good value for non-sterling buyers and normally we would expect the market to pick up. Right now, these buyers are physically not in the market.” London’s green villages are on a roll Instead, rich domestic buyers and people from abroad who have already made London their home are the ones buying homes in the city’s desirable green districts. Finance brokers Hank Zarihs Associates chief executive Shiraz Khan says: “The rich no longer need a pad near their office in the City but a country style home within easy reach of the big smoke where they can work and relax.” Trendy green oases like Fulham, Islington, St John’s Wood, Notting Hill, and Dulwich are attracting intense interest from buyers who have up to £10m to spend. Property network LonRes research and data analysis head Marcus Dixon says: “A high proportion of moves are life-style ones whether it’s to move from a flat to a house or the countryside.” Estate agents Knight Frank’s head of residential research Tom Bill agrees saying the market for family houses in these areas has shown a month-on-month rise. “Family houses in these districts are doing very well. There’son top strong momentum in the market.” Although he admits most of August and September’s exchanges were related to pre-lockdown sales. The pandemic has also led to longer times of up to six months for a sale to complete. The type of buyer has also changed with the home-grown purchaser outnumbering overseas ones. “We are seeing a higher proportion of domestic moves rather than international. This has meant that areas of central London with a high proportion of flats and little outside space, which were appealing to overseas buyers, are less busy than leafier areas with houses and green space,” says Dixon. He says that September has shown a 21 percent year-on-year increase on houses under offer but says this is skewed in favor of more expensive properties. “People aren’t buying small flats for investment. They are making long-term larger property decisions.” The capital’s resilience is partly due to the city’s good schools and universities which are commanding wealthy people’s loyalty. Page says: “I think London is still seen as a safe haven. There’s still demand here driven by access to a good education and cultural life. They tend to take a long-term view.” In fact, sales for properties worth more than £5m in September are showing a 29 percent year-on-year increase according to LonRes figures. The rich take a life-long view Bill agrees that the wealthy are in the fortunate position to be thinking 20 to 40 years ahead and are less restricted by banks tightening their lending criteria. “The high net worth prime buyers are less constrained by the mortgage market,” he says. “The ability to react and respond is something we’ve seen with the prime buyers.” But there’s trepidation about how the market will fare at the end of March when the stamp duty holiday on properties worth up to £500,000 ends. Although, stamp duty savings of £15,000 helps wealthy buyers it’s not a make or break issue for buying a high-end des res. But it is important for stimulating activity at the lower end of the market which enables the wealthy to free up assets and buy more high-end properties. “There will be a rush of activity then afterward there will be a slump and buyers will demand price drops,” says Dixon. On top of that, an extra 2 percent surcharge on stamp duty for overseas buyers will kick-in in April 2021. Bill adds that political uncertainty with Brexit, changes to capital gains tax, and higher stamp duty are likely to contribute to a more subdued market next Spring. The page is optimistic that the future for London, although a little tricky in the near-term, will be bright in the long run. “London goes through trials and tribulations, but it always comes through and it generally comes through stronger.
Work on Kapex Construction largest contract win, the construction project is three months ahead of schedule and is due to complete in early 2021. Eldon House at Gosforth’s Regent Centre is undergoing a £5.37million transformation to redevelop the former vacant office building into 66 luxury apartments. Kapex Construction, part of Newcastle-based Morton Group, was appointed by Regent Centre owners Omnia Property Group to deliver its 2nd phase of its residential scheme, with Broadfield Project Management acting as client representative. Construction work started on the Eldon House development, which will create a mix of one- and two-bedroom apartments over 8 floors, in March. The extensive redevelopment project was originally due to complete in Spring 2021 but despite lockdown it is scheduled for completion in early 2021. Work on the scheme involves the complete removal of the existing façade, new cladding of the existing structure, along with thermal upgrades, a complete new MEP installation and internal fit out. It will be the second ‘office to residential’ conversion at the Regent Centre – the first being Northumbria House – and will be available to rent through Omnia Space. The area is known to be popular with students and employees based within the business park. Gary Morton, CEO of The Morton Group, said: “The conversion of Eldon House was one of our early tender wins, and we’re particularly pleased that despite lockdown it looks like we will be able to deliver this office to residential development three months ahead of schedule. “To be able to repay the trust our client showed in us in our early stages of growth as a company is really important to me, the level of dedication and approach to time, quality and cost is adopted from Senior Management Team right through to the Delivery Team on site. The results speak for themselves. “Our track record in converting concrete frame office blocks into sleek, high quality living spaces is second to none, and we have decades of expertise in this field. This allows us to draw on our experience gained through the conversion of Eagle Star House into Regents Plaza apartments just 300 metres away.” Dave Lovatt, Commercial Director at Kapex Construction, said: “It’s exciting to see the progress starting to take shape at Eldon House, which will breathe new life into the 1970s office building and provide much needed housing in a highly sought after residential location. “In the past, Eldon House has been home to tenants such as Rolls Royce so it’s exciting to prepare the building for a fresh wave of tenants who will benefit from the close proximity to Gosforth High Street and bus and Metro transport links into Newcastle. It will be a thriving space tailored to modern, active lifestyles.”
Birmingham-based Urban Village Capital has overcome the obstacles of lockdown to deliver full completion of its latest luxury £14m apartment development. Knight’s House, a stunning nine-floor former office block in affluent Sutton Coldfield, features a total of 63 apartments – including 12 penthouses, and continues the company’s upward spiral and ambition to be a major player in the private rental sector. Having announced practical completion in November, Urban Village Group has had to negotiate the issues posed by the COVID-19 lockdown before being able to open up the rental market. While the finishing touches were completed to the property during the lockdown, Urban Village Group offered two-months rent-free accommodation to NHS workers serving in Birmingham’s hospitals during the height of the COVID-19 crisis. Knight’s House adds to the company’s growing portfolio of build-to-rent developments, which also includes The Old Arts School House in Sutton Coldfield. Urban Village Capital plans to add a further 247 apartments next year having recent purchased a landmark office block in the Yardley area of Birmingham. Urban Village Group are pioneering the conversion of unloved former commercial buildings and turning them into desirable living spaces, which is aiding the UK government’s push for 300,000 new homes every year. Birmingham has been identified as a key location for the government’s plans as it looks to create a Commonwealth Games Legacy. The city is hosting the games in 2022. Urban Village Capital chief executive Nick Sellman said: “Knight’s House is a stunning addition to the Birmingham residential rental market. “The final couple of months of the development did pose one or two challenges, but nothing that we haven’t been able to overcome to add this development to our growing list of properties. “We are continually sourcing and developing tired properties to transform them into highly-desirable living spaces. There is a huge demand for quality properties across Birmingham and we are playing a key role in delivering those homes and helping the government achieve its ambitious targets.” Urban Village Capital made use of the government’s housing rules allowing existing offices to be built upwards to increase housing stock. Consequently, Knight’s House was increased from seven to nine floors to accommodate the new penthouses. The property features spacious one or two-bedroom stylish apartments, which will meet the needs of today’s modern professionals. Each apartment offers premium designer kitchens, bathrooms and bedrooms and come with chrome fittings and laminate wood flooring. One of the key innovations in the building is the addition of hyperoptic broadband, which delivers connection speeds of up to 1GB. The superfast connectivity is expected to have huge appeal to those professionals have the desire and capability to work-from-home after the lockdown. New tenants will be able to benefit from an exclusive broadband package, while tenants taking a 12-month lease will qualify for one month’s free broadband. Viewings are now available and can be arranged via residential lettings agent Centrick. Contact them via email birmingham@centrick.co.uk or call 0121 347 6116. The development also includes a restaurant and office suite.
