House prices in the East Midlands are forecast to rise by a whopping 13% over the next five years, according to reports – making it a great region in which to invest in property now.
The biggest growth in the East Midlands is expected to take place in Leicestershire, which is home to the vibrant city of Leicester – so house hunters who are looking for the greatest investment potential may wish to focus their search on that part of the region.
Here we've put together a round-up of some of the current housing developments available across the East Midlands, including several options in Leicestershire, offering possibilities for prospective buyers on a wide range of budgets.
Scholar's Grange in Melton Mowbray, Leicestershire (Persimmon Homes)
Two-, three- and four-bedroom homes in a range of designs are available at this well-established development in Melton Mowbray, a historic market town that is often known as the "Rural Capital of Food", and is most famous for its pork pie.
With options to suit first time buyers and those who are looking to move up the property ladder, Scholar's Grange is located right in the heart of the Midlands, offering an enviable location with great amenities and superb commuter links. The M1 and the M42 are both within easy striking distance, while Melton Mowbray train station offers services to Leicester, Birmingham and Cambridge. There is also a convenient local bus service providing links to neighbouring villages and larger centres further afield.
For families with children, there is a selection of schooling in the area for all ages; outdoor opportunities in the nearby Vale of Belvoir; and plenty of visitor attractions within easy driving distance, such as the Twinlakes theme park and Burrough Hill Country Park
Prices: From £106,496
Find out more about Scholar's Grange from Persimmon Homes
Rufford Oaks in Ollerton, Nottinghamshire (Avant Homes)
In the pretty, family-friendly rural village of Ollerton, the homes at this development from Avant offer all-inclusive options and are of a high specification. This includes a choice of designer kitchens with fully integrated appliances; expansive bi-fold doors that allow natural light to flood in; and boutique-inspired bathrooms with full-height tiling.
Perched on the edge of Sherwood Forest, Ollerton gives its residents easy access to beautiful countryside all around. Sherwood Forest itself incorporates a 450-acre country park containing 900 veteran oak trees, and also nearby is Rufford Abbey Country Park, which contains the ruins of a medieval monastery as well as a contemporary craft centre, gardens, woodland walks, a children's play village, a sculpture trail and a lake. The local area's schools are well-regarded, while for commuters Retford, Worksop, and the A1 are all right on the doorstep.
Prices: From £136,500
Find out more at www.avanthomes.co.uk or call 0162 385 8396.
LN6 in Lincoln, Lincolnshire (Chestnut Homes)
This diverse collection of new homes has been designed to suit a wide range of tastes, with modern bungalows, apartments and houses available. LN6 is made up of 54 contemporary new homes just half a mile from the city centre, all built to a high specification and located so that residents can enjoy everything that Lincoln has to offer – while remaining far enough away from the hustle and bustle to enjoy a peaceful lifestyle.
Lincoln, dominated by its fine cathedral and recently renovated Normal Castle, has a good blend of high street and independent shops, cafés, restaurants and bars, while the trendy Brayford Waterfront area has wonderful views over the Marina, and is home to entertainment venues such as the Odeon multiplex cinema.
Prices: Options include the De Ros two-bedroom mid terraced house, priced at £152,500.
Find out more at www.chestnuthomes.co.uk or call 01522 525450.
Lime Tree Gardens in Kingsthorpe, Northamptonshire (Persimmon Homes)
This development in a quiet suburb of Northampton will ultimately offer a choice of two-, three-, four- and five-bedroom homes, although the current selection includes just three- and four-bedroom options.
Kingsthorpe lies west of the main A508 Market Harborough Road, located on a slope overlooking the Nene Valley. With its own village green, there are excellent schooling options for all ages, and close by is the 15-acre Kingsthorpe Park and Kingsthorpe Recreation Ground, plus a good set of amenities, including supermarkets, shops, takeaways, banks, a library and a medical centre.
Northampton's train station is handy for commuters, and the location also offers easy access to the M1, making it ideal for commutes across the Midlands and to London.
Prices: From £224,950
Find out more about Lime Tree Gardens from Persimmon Homes
Trinity Brook in Whetstone, Leicestershire (Linden Homes)
A handful of four-bedroom homes are ready to move into now at this development in the popular commuter village of Whetstone, located within easy reach of Leicester, just six miles away.
Trinity Brook is situated in a convenient spot within a vibrant local community. Close to both the city and beautiful Leicestershire countryside, the location also benefits from good local schools and excellent road and rail links. It is close to the A426 and the M1, and is well-connected to Leicester town centre by local bus services. The nearest station is just over a mile away in Narborough, linking with South Wigston and Leicester to the north, and Hinckley, Nuneaton, Coventry, and Birmingham in the south and west - while Leicester's larger railway station is less than seven miles away.
Prices: From £239,950.
Find out more at www.lindenhomes.co.uk or call 01162 145 350.
The Chimes in Loughborough, Leicestershire (David Wilson Homes)
Situated on the south-east fringes of Loughborough, this development will deliver 98 brand new three-, four- and five-bedroom homes set along tree-lined roads interspersed with paths, lagoons, and green, open spaces.
The town centre is only a 10-minute drive from The Chimes, where residents will find an excellent choice of local shops, cafés and other facilities. The development is also close to easy commuter links, with the A6 and M1 close by, and direct twice-hourly trains to London St. Pancras International from Loughborough railway station.
Families with school-aged children will find primary and secondary schools in the local area, and for leisure time there are plenty of possibilities in the hills and open land of Charnwood Forest.
Prices: From £242,995
Find out more about The Chimes from David Wilson Homes