STRONG HOME SALES MARK CONFIDENCE IN KEY DERBY DEVELOPMENT

STRONG HOME SALES MARK CONFIDENCE IN KEY DERBY DEVELOPMENT

Nightingale Quarter development close to sell-out of first phase housing

House buyers have shown their confidence in Derby with a peak of sales in the historic Nightingale Quarter development this August.

Aletta Ainsworth, Sales Manager and Olivia Smith, Nightingale Quarter senior sales manager at Ashley Adams, part of the Connells Group, who are selling the city centre homes

Property developers Wavensmere Homes revealed August has been a peak month for them, with subcontractors back on site, and signalling to buyers a confidence in the £150 million build.

James Dickens, managing director of the company, said work was progressing solidly and quickly since they began back on site with brickwork now being laid and properties beginning to take shape.

He added they had been shown further confidence from the high level of interest and purchasing from new buyers.

“What’s been really important to us is that buyers have felt safe when wanting to purchase a property. We have been working closely with our agents Ashley Adams who are based in the city centre, in ensuring that if people visit their offices, they have the space and the top digital resources on hand to do this,” he said.

Hannah Kelham, Head of New Homes for Connells Group, said they only had six properties remaining from Phase One of the build, which will total 125 two and three bedroom homes, before the second phase is released later this year.

“We have worked closely with James and his team to ensure that safety has been our top priority when clients come and see us. There are not only virtual tours on offer, but we also have a separate large space within our office that they can come and view our presentation on the development, and this has made a huge difference for buyers,” she added.

Last month, Hannah also revealed demand for properties had rocketed up by 250% in comparison to last year, which she believed was down to the Help to Buy incentive and also the Government’s Stamp Duty Break for all properties under £500,000.

“Derby in particular is a hub of industry and confidence is high within the city, which has such great links to the rest of the country. It really is a positive sign for the region that this new development is doing so well,” she said.

The cost of homes for a two-bed property at the site starts at £191,000 and for a three-bed property, £220,000.

Brickwork has also begun at the site

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Ashley Adams are handling enquiries for the first of the 1, 2 and 3-bed apartments and houses, being constructed on the former Derbyshire Royal Infirmary site.

The 18-acre site will be a ‘green oasis’ for residents, including cycle routes, an open air gym and fitness area, children’s play areas and planting throughout the site.

The infirmary’s iconic pepper pot buildings will be retained for community use, with residents having access to numerous facilities including a café, gym, exhibition space and meeting rooms.

Enquiries opened for the first wave release of the luxury 125 two and three-bedroom homes opened earlier this year, and already hundreds of people have expressed an interest in them.


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