Preston looks like becoming one of the North West’s hottest property areas as the City Council looks to set aside land to create thousands of new homes as one of the major parts of a national programme of housebuilding.
PwC’s Good Growth for Cities Index, published in late 2016, put Preston above its major neighbours Liverpool and Manchester and at 19th place overall in a measure of ten sub-categories of economic success and wellbeing.
Council leader Peter Rankin said: “We are just two hours from London and one hour from the Lakes and Manchester, which puts us in a very good position. We are also building 17,000 new homes and all of this contributes to our success.”
Matt Eastham, managing director of regional lettings agency Easthams & Co, adds: "We are being inundated with developers from as far afield as China looking at major residential and PRS [private rented sector] developments. Preston is the best connected city in the north of England has the eighth largest student population in the UK, which is set to grow by a further 15,000 in the next 10 years making it the fourth largest university city in the country.
“It also has over 40% of the UKs working population within a one-hour commute. House prices are considerably lower than other northern cities but are primed for rapid growth over the next few years as the regeneration takes effect.”
This week’s MIPIM show in the south of France – the world’s largest property industry fair – an announcement was made about a brand new Central Docks regeneration in the heart of Liverpool. It is the next phase of the Liverpool Waters project, a 150-acre site that is already transforming an historic part of the city. Central Docks will add further commercial space, a 17-acre public park and over 1,000 new apartments on the waterfront.
Ian Pollitt, assistant project director at Liverpool Waters, says: “Central Docks represents a watershed moment for Liverpool Waters. There has been an incredible amount of work done behind the scenes to get us to this point but thanks to the positive attitude of the people of Liverpool, Liverpool City Council and other partners we are now in a position to proceed with this next exciting phase of the project. Liverpool Waters will not only transform the docklands and restore them to their former glory, it will leave a legacy of jobs and skills that will benefit the Liverpool City Region for generations to come.”
Here are some of our favourite new homes developments with property for sale across the North West region:
Heyfields in Walkden, City of Salford, Greater Manchester (Countryside)
This development has already proved popular with homebuyers in the region, with 26 homes here being sold in the last two months. Around two-thirds of the 107 homes being built on this site have been sold since it was launched in May 2016.
James Clark, regional sales director at Countryside, says: “Benefiting from excellent schools, local amenities and easy access to the surrounding cities, our Heyfields development presents the perfect opportunity for buyers to purchase a well-designed and high quality home in Greater Manchester.
“The development has been attracting a range of buyers since day one - from local families to young professionals. The speed at which the homes are being snapped up further demonstrates the increasing demand for larger family homes within the community and we strongly urge buyers to act quick if they don’t want to miss out on these popular suburban homes.”
These high-specification homes are open from Thursday to Monday, from 11.00am until 6.00pm, and are available through the government-backed Help to Buy scheme.
Prices: From £264,950
Find out more at www.countrysideinspire.co.uk ; 0161 826 2863
Bollin Park in Wilmslow, Cheshire (David Wilson Homes)
These homes give house-hunters the chance to consider life in Cheshire’s ‘Golden Triangle’, a prime area of the county that is home to a number of celebrities and offers a great lifestyle as well as a high quality of home.
The development has spacious four- and five-bedroom homes, with Help to Buy available on some of the smaller homes and Part Exchange an option for those upgrading to one of the executive properties.
The area has excellent shopping, schools and leisure facilities and is only around half-anhour from the centre of Manchester by road and from the conveniently located village railway station.
The sales centre and three show homes are open on Mondays from 12.30pm to 5.30pm and from Thursday to Sunday from 10.00am to 5.30pm.
Prices: From £534,500
Find out more about Bollin Park from David Wilson Homes
Croston Meadow in Leyland, Lancashire (Miller Homes)
Under an hour from both Liverpool and Manchester by road, and with rail connections to both, Leyland is just south of Preston and within easy reach of the M6, M61 and M65. This development is only 15 minutes’ walk from the local shopping centre and 35 minutes from the town centre, and is providing a mix of three- and four-bedroom houses.
Currently, the housebuilder has a special offer on selected plots where it will pay stamp duty and legal fees and provide free carpets, subject to terms and conditions. Buyers can also ask about Help to Buy on some houses. The development is open from Thursday to Monday, 10:30am to 5:30pm.
Prices: From £214,995
Find out more about Croston Meadow from Miller Homes
Upton Pines in Upton, Merseyside (Stewart Milne Homes)
This development will comprise 180 new homes, a mix of 33 apartments and 147 houses, set around a children’s play area and attenuation pond. There will be five different types of apartment and 19 house types, offering a range that will appeal to all sorts of buyers.
The area is well served by state and private schools for children of all ages, and there’s an excellent selection of shops and leisure facilities close to home and across the Wirral Peninsula, including the Royal Liverpool Golf Club, the Wirral Sailing Centre, the Ness Botanic Gardens and three beaches.
The M53 close at hand means it’s easy to reach Liverpool and much further afield.
Prices: From £289,950
Find out more about Upton Pines from Stewart Milne Homes
Carleton Manor Park in Penrith, Cumbria (Cumbrian Homes)
There are just 44 properties in this development, which is taking shape on the eastern outskirts of popular Penrith, close to the M6 and within easy reach of the Pennines and Lake District.
The Manor itself has been converted into luxury flats, while there is a mix of three-bedroom bungalows and four-bedroom houses in the grounds. ‘Early bird’ buyers may find an additional level of options available from the housebuilder.
Penrith is in the heart of the Eden Valley, mixing heritage buildings with some of the UK’s best-loved natural landscapes. Even with its history, Penrith is also blessed with a great collection of shops and modern amenities, and is well connected by road and rail.
Prices: From £374,500
Find out more about Carleton Manor Parl from Cumbrian Homes
The Carriages in Handforth, Cheshire (Jones Homes)
There are currently three four-bedroom ‘Chester’ houses available at The Carriages, all open to purchase via the Help to Buy scheme, requiring just a 5% deposit.
These townhouses are set out over three floors and contain an integral garage. The hallway leads past a cloakroom to a spacious, open-plan kitchen/dining/family room at the rear, with bi-fold door access to the rear garden. The first floor has a living room at the front and the en suite master bedroom at the back, and there are three more bedrooms and a family bathroom on the top floor.
The development is open to visitors seven days a week, from 10.00am to 5.00pm Monday to Friday and from 10.00am to 4.00pm at weekends.
Prices: From £379,950
Find out more at www.jones-homes.co.uk ; 01625 415348