Housebuilders are back in business in a big way.
Developers are keeping up the momentum which started as soon as property market restrictions were lifted in the aftermath of the first wave of the pandemic.
On Friday, October 30, Inland Homes opened a show home at the former Ministry of Defence site in Beaconsfield Old Town.
The first properties to come on stream will be newly refurbished three-and-four-bedroom houses previously used as married quarters for service families based at the MoD Language School.
Dupre Crescent in Wilton Park
Last year Inland was granted planning permission to build a further 304 homes on the 100-acre Wilton Park site at the entrance to the Old Town.
The Beaconsfield-based developer is one of the UK’s leading brownfield companies – the specialist operators who bring new life to redundant sites which have been built on before.
Wilton Park still has the commercial buildings including a children’s nursery dating from the MoD era.
Like the sports pitches, the amenities have continued to be used by the local community since Inland bought the site, generating employment and an income throughout the lengthy planning stage to decide the future of the site.
Refurbished houses for sale on the open market from today are priced from £750,000. Each has an open plan living area, refitted kitchen, contemporary bathrooms including an ensuite for the master bedroom, utility room, garage and newly landscaped gardens back and front.
According to Zoopla the average price for a house, old or new, in Beaconsfield in October was £1,063,259, a rise of 0.84 per cent over the previous three months and 2.85 per cent over the year.
Chris Moorhouse at the local office of Savills, the agent for Wilton Park, is expecting a busy weekend. The houses are almost ready to move into.
He said: “The properties have been renovated to an exceptionally high standard. There is lots of opportunity to extend with potential to add a conservatory or convert the garage.”
Due to the need for everyone to stay safe, the show home can only be viewed by appointment.
To book a time to visit, call Savills on 01494 731950.
Meanwhile, in a separate announcement this week, Inland Homes has completed sales valued at £52.8m on two developments in High Wycombe town centre.
A total of 85 apartments at Buckingham House have been bought for £21.3m and a further 123 flats in the block at Centre Square opposite the Eden Centre shopping mall for £31.5m.
Both buildings have been sold to a newly formed investment company called Kooky set up to specialise in the buy-to-rent market.
Inland chief executive Stephen Wicks said: “We have a substantial number of sites which are suitable for rental housing.
"As we reported in last year’s accounts, [the sector has become a priority for the group this year.”
Meanwhile, Cala Homes is going great guns with new developments on the Herts and Berks borders with Bucks.
Latest news from Cala is the opening of a show home at Roman Park, Tring where 226 homes ranging in size from two to five bedrooms are in the pipeline.
Over in Haddenham, two-bedroom bungalows for the over-55s are being built by Dandara as part of The Grove development.
Each has its own garden and allocated parking. Prices from £375,000.
Newly built single storey homes have become as rare as hen’s teeth in recent years due to their comparatively generous footprint in an era of high density housing.
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