Hous­ing short­fall

The Jewish Chronicle - - CLASSIFIED -

Ian Sadler; Royal Con­naught Park; El­stree House apart­ments; Ar­gyll House will have 26 two- to four-bed­room apart­ments.

Lin­den Homes is offering one- and two-bed­room apart­ments and three­and four-bed­room houses in Bore­ham­wood. The three-bed­room town­house, The Chap­lin, is for sale from £515,000.

Nearby El­stree House is a con­ver­sion of a six-storey of­fice build­ing, cov­ered ex­ter­nally in gran­ite. De­vel­op­ers have ben­e­fited from tem­po­rary rules al­low­ing of­fice build­ings to be con­verted to res­i­den­tial use with­out plan­ning per­mis­sion. “El­stree House is be­ing trans­formed into 79 lux­ury apart­ments (each with out­side space) with park­ing, a gym, gar­den and chil­dren’s play area,” says Grant Alex­son, prin­ci­pal of agent GA Res­i­den­tial. “This scheme is a direct re­sult of the gov­ern­ment’s n e w H o u s i n g and Plan­ning Bill, al­low­ing of­fices to be con­verted into homes.”

The de­vel­oper has al­ready com­pleted schemes in Cam­ber­ley, Read­ing, Farn­bor­ough and Hert­ford; all sold out quickly on com­ple­tion.

In St Al­bans, Crest Ni­chol­son is making com­mu­nity the main­stay of its mar­ket­ing cam­paign for Naps­bury Quar­ters, where it has re­fur­bished a mix of three- and fourbed­room town houses and one- to three-bed­room apart­ments. Leisure op­tions in­clude a golf so­ci­ety, ten­nis courts, park ar­eas and even book clubs. Agent is Aitchisons.

It has be­come harder for house­builders to gain pub­lic ac­cep­tance for planned projects. Peo­ple seem to be gen­er­ally re­luc­tant to see big property schemes built. But a will­ing gov­ern­ment has made de­vel­op­ers’ life eas­ier and may help steady property prices in hotspots such as the South-East.

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.