New homes snapshot – big schemes set to alleviate Plymouth’s housing shortage
Posted 31 December 2015 by Keith Osborne
The level of homes on the market for sale is at its lowest point nationally for decades, a trend that estate agents in Plymouth can confirm in their local market. The good news for buyers there is the number of new build developments currently open ho house-hunters and the pipeline of new homes planned for the area in the next few years.
The larger plans will, of course, take many years to complete, and with around 13,000 people of the city council’s housing register, demand is urgent. Construction numbers more than halved during the recession to under 700 new homes a year and at the start of the council’s current housing strategy in 2012/13, there were over 5,000 unbuilt homes which had already been granted planning permission.
The last couple of years have seen some major schemes in and around Plymouth finally break ground and new homes have started to appear on the market. Help to Buy and Part Exchange schemes are widely available to assist house-hunters to make their move.
At Plymstock Quarry, on the east fringe of the city, a new development of nearly 1,700 new homes is already under way, with a 15-year completion target. Complemented by a range of new shops and amenities, the £280m scheme will convert the brownfield former cement works into a brand new neighbourhood with good connections to the city and eastwards to the rest of the UK.
Richard Briggs, managing director for Persimmon Homes Special Projects, which has undertaken the re-development, said: "Not only will the site bring forward much-needed new housing, transforming a significant area of redundant industrial land into a resource for the City along the way, but hundreds of construction jobs will be created which will come as a real boost to the local economy."
Nearby, plans will be submitted early in 2016 for another large scheme at a former china clay plant at Marsh Mills, close to the A38 and River Plym. A spokesperson for developer Concise Construction has said: “We believe we have a great opportunity to put a redundant industrial processing site to good use with a scheme that provides a range of housing in a high-quality environment with attractive open space and green routes for dog walkers, all integrated into the wider Plympton neighbourhood.”
Another huge scheme set to ease Plymouth’s housing crisis is the new town at Sherford. Situated around five miles east of Plymouth, it is set to provide 5,500 new homes over 20 years, in addition to new schools, sports, community and healthcare facilities and a park-and-ride scheme to bring people to the city centre. Work started on the first new homes there in 2014.
New homes for sale in Plymouth now or coming soon:
A range of two-, three- and four-bedroom homes is currently for sale at PL2, a Barratt Homes development just two-miles from the city centre. An adjacent primary school will be a big draw for buyers with a young family, or planning one. Prices start at £127,995, with Help to Buy available and two show homes to view.
Three show homes are open at Hillcrest, Redrow’s scheme on the northern outskirts of the city. The three- and four-bedroom homes from the company’s Heritage Collection currently for sale have traditional exteriors, but a very modern interior specification. Prices start at £259,995.
Four- and five-bedroom homes are available at The Moorings, adjacent to Hooe Lake in Plymstock. Housebuilder David Wilson Homes is promoting its Part Exchange scheme to those upgrading to one of these homes, a great option if you’re looking to avoid a potentially messy buying chain. Prices here are from £249,995.
Cavanna Homes is continuing its special offer at The Boatyard, a waterside development overlooking Hooe Lake, with those reserving a new home in January getting stamp duty paid, £5,000 off the asking price and fitted carpets included. Prices start at £239,995.
On the former government-owned site at Mount Wise, which boasts over 200 years of navy history, a new residential quarter is being created with some period-inspired new homes. One- and two-bedroom apartments and three- and four-bedroom houses are available on the Maritime Quarter phase from £180,000.
The city council will receive a grant of over £400,000 which will go towards preparing land at the former Whitleigh Community Centre site for 27 new starter homes, re-starting a scheme which had previously been mothballed.