Development of the second phase of Bath’s long-awaited Western Riverside scheme is to go ahead thanks to a kick-start grant from the Homes and Communities Agency as part of the Government’s £420m Get Britain Building programme.
The scheme being developed by Crest Nicholson totals 2,000 units, including retail/commercial and recreational public provision,
The first phase of the £400m scheme, which is regenerating derelict land close to the city centre, has attracted a surge of interest since the beginning of last month, with a number of sales secured on the soon-to-be-completed townhouses.
Crest, which was granted permission to build the first 299 homes on the site in late 2010, has now sold three of its 4-bedroom townhouses and there are a number of prospective buyers demonstrating high levels of interest in the 3-bedroom townhouses, which will be ready for occupation from March.
The next homes ready for occupation will be in Liberty Gardens and of these seven apartments and penthouses have already been sold off-plan, which is encouraging given that these properties have not yet been actively marketed.
Crest Nicholson regeneration sales and marketing director Susan Young: “As we have been able to finalise construction around the townhouses, and establish the streetscape along Stothert Avenue, buyers are beginning to truly see the potential of Bath Riverside’s location as a home which is reflected in both the design and the finishing of the properties.
“We are delighted by the fact there have been a number of sales within a matter of weeks and that interest in the development continues to rise.
“With the apartments progressing at such a solid rate and the fact that we have already sold 10 properties, we are quietly confident that 2012 will be a very good year for Bath Riverside.”
