Savvy property buyers from across the country are purchasing homes at Crest Nicholson’s Monksmoor Park development in Daventry because the area is on the verge of a £200million investment plan which looks set to transform the town and send house prices skywards.
That’s the view of Jessica Hardwick, Central New Homes Director for Connells Estate Agents. Buyers have travelled from far and wide to buy after hearing of the local Council’s plans for the area, which revolve around a multi-million pound town centre regeneration project called ‘Mulberry Place’.
Jessica said: “Customers definitely see purchasing now as an exciting time to buy. Daventry is being invested in heavily over the next five years and the new centre ‘Mulberry Place’ is scheduled to be built in 2015, consisting of numerous shops, cafes, bars, restaurants, a seven screen multiplex cinema and a library.
“Mulberry Place is an important feature of the Daventry Town Centre Vision - a £200m investment programme by the Council and its partners to regenerate a series of key locations in the town to improve local amenities for local people and visitors.
“Progressing simultaneously are proposals for a new 7,500sqm superstore and petrol station, retail units and 500 parking spaces on land in the nearby Waterloo area, which will form an attractive base for national retailers and help anchor the existing town centre retail offer together with Mulberry Place.
“It's estimated that together the two developments could generate up to 755 new jobs and bring around £50 million of investment into the town, as well as contributing greatly towards a revitalised and diverse town centre which benefits the area.”
Monksmoor Park is a beautiful collection of high quality two, three and four bedroom homes in a village setting, nestled away between the reservoir and Grand Union Canal, surrounded by an abundance of open countryside with spectacular panoramic views.
Designed with Garden City principles at its heart, the site has also proved popular with commuters due to its fantastic transport links and broad range of local amenities.
Jessica added: “Buyers have commented on how the development benefits from being so close to the town. From Daventry, you can be in Northampton in just over 30 minutes; Milton Keynes within an hour and the M1 in minutes – which is ideal for most commuter journeys.
“All of this, plus the excellent schools and Daventry University Technical College - one of only 30 in the country – help make Monksmoor Park an incredibly popular, desirable and viable place to live.”
Amanda Benjamin, Sales & Marketing Director, said: “It’s no surprise that Monksmoor Park continues to be so popular with purchasers – with the ongoing town centre regeneration, Daventry is both a great place to live and represents a good investment in terms of potential house price rises.”
Prices at Monksmoor Park range from £209,950 to £359,950. Help to Buy is available on the development. For more information call 01327 220079 or visit www.crestnicholson.com/monksmoorpark.