September 13, 2021

FHP SELL 2 ACRE RESIDENTIAL DEVELOPMENT SITE IN NORTHAMPTON

FHP Property Consultants acting on behalf of Cadman Capital Group have concluded the sale of a 2 acre development site on Bective Road, Northampton.

The purchasers, Jardine Homes Limited, intend to submit a new application for a luxury apartment scheme on the site.  The site previously had consent for 293 student bedrooms and prior to this a consent for 155 residential apartments.

Phil Daniels of FHP Property Consultants commented:

“We continue to see strong demand for residential development opportunities in the regions and the demand for good quality sites continues to be strong with or without planning consents.  We have recently concluded sales in Stoke on Trent, Coventry and Market Harborough.  Whilst based in Nottingham, Birmingham and Derby FHP Property Consultants continue to advise clients over an extensive patch over the wider Midlands area.  We are keen to identify new opportunities to discuss with our contacts in the residential development market.

It was a pleasure to deal with the purchaser, Jardine Homes, who were represented by Paul Scotney of Proactive Development Services.”

Asha Winterflood Rivers of Cadman Capital Group commented:

“We are in the process of restructuring our land holdings to focus on sites for the development of high quality family housing.  Whilst an excellent site, Bective Road falls outside this remit but we were pleased to sell it to a quality developer of flats and apartments.”

If you have any development opportunities upon which you would like advice please contact Phil Daniels of FHP Property Consultants on 07976 318269 or email phil@fhp.co.uk.

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