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**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5

Key features

  • Planning permission N/2015/1454 for 235 dwellings (98 houses + 137 apartments)
  • Approx. 207 units remaining to be built by new buyer
  • Plots 75-102 already completed and sold on the first phase by the developer
  • 50% of levy (CIL/S106) prepaid, no social housing assignment
  • Prestigious setting within the St Crispin Conservation Area
  • Landmark Grade II listed Clock Tower and Administration Building approved for conversion
  • Architecture influenced by original Victorian materials and proportions
  • Two underground car parks already partly excavated
  • Approved mix includes heritage conversions, houses and new-build apartments
  • Viewing strictly by appointment only!

Description

ST CRISPIN'S REGENERATION OPPORTUNITY
Northampton, Northamptonshire
ONE OF THE MIDLANDS' MOST SIGNIFICANT CONSENTED RESIDENTIAL-LED REGENERATION OPPORTUNITIES

Sell New Group is delighted to present a rare opportunity to acquire a substantial consented residential development site within the historic grounds of the former St Crispin's Hospital, Northampton.

Extending across a landmark section of the former hospital estate and positioned within the highly sought-after St Crispin Conservation Area, the site benefits from an established planning consent for 235 residential units, of which approximately 207 units remain to be delivered and sold. Only 25 miles (30 minutes drive) from the new United Kingdom Universal Resort (Kempston Hardwick, Bedford)

This represents one of the largest and most advanced residential regeneration opportunities currently available within the Midlands, combining significant heritage assets, extensive enabling works, proven market demand and a clear route to delivery.

INVESTMENT HIGHLIGHTS
Planning consent for 235 dwellings under application N/2015/1454
Approximately 207 units remaining
Significant enabling works already completed
50% of CIL/S106 contributions already discharged
Two underground car parks already excavated
Landmark Grade II listed Clock Tower conversion approved
Administration Building conversion approved
Proven sales history with completed phases successfully sold
Established residential location with strong demand fundamentals
Opportunity to deliver premium heritage apartments and family housing
Excellent transport connectivity to London and the wider Midlands
Significant GDV potential across multiple phases
THE OPPORTUNITY

The approved masterplan has been carefully designed around the site's exceptional Victorian architecture, mature landscaping and established open spaces.

At the heart of the scheme sits the iconic 40-metre Clock Tower and former Administration Building, both of which benefit from planning approval for residential conversion and offer the opportunity to create some of Northampton's most prestigious residential addresses.

The consented scheme comprises a balanced mix of:

Heritage apartment conversions
New-build apartment buildings
Family townhouses
Landscaped public realm
Open space and communal areas
Underground parking provision

The architectural approach preserves and enhances the historic character of the former hospital estate while creating a highly desirable modern residential neighbourhood.

DE-RISKED DEVELOPMENT PLATFORM

A significant amount of upfront development risk has already been removed.

Completed works include:

Delivery and successful sale of Plots 75–102
Excavation of two underground parking structures
Detailed planning consent secured
Conservation strategy approved
Partial discharge of planning obligations
Established residential market acceptance

The successful delivery of earlier phases provides strong evidence of both market demand and scheme viability, significantly reducing development risk for an incoming purchaser.

COMMERCIAL APPEAL

For developers and investors, the site offers several compelling advantages:

Proven Market Demand

Previous phases have been successfully completed and sold, demonstrating strong demand for the location and product type.

Premium Heritage Product

The approved conversions provide an opportunity to create unique apartments capable of commanding premium values compared to standard new-build stock.

Scale

The remaining development provides sufficient scale to support phased delivery while maintaining flexibility over build-out programmes.

Planning Certainty

An established planning framework significantly reduces planning risk and enables accelerated delivery.

Reduced Upfront Capital Exposure

Substantial enabling works and partial planning contributions have already been completed.

Multiple Exit Strategies

The scheme provides flexibility for:

Private sale
Build-to-rent
Forward funding
Institutional investment
Phased disposal
LOCATION

St Crispin's has evolved into one of Northampton's most desirable residential neighbourhoods, combining attractive green spaces, mature landscaping and excellent accessibility.

The site enjoys views across open space and the cricket pitch, enhancing the value proposition of the proposed apartments and family housing.

Residents benefit from easy access to:

Northampton Town Centre
Sixfields Retail & Leisure Complex
Schools and nurseries
Healthcare facilities
Open countryside and parkland
CONNECTIVITY

United Kingdom Universal Resort (Kempston Hardwick, Bedford) - 25 miles

Northampton Train Station – 3.5 miles

Direct services to London Euston in under 60 minutes

Northampton Town Centre – 4 miles

Milton Keynes – 22 miles

Birmingham – 52 miles

Central London – 70 miles

The site also benefits from excellent access to the A45, M1 (Junctions 15A & 16) and the wider strategic road network.

PLANNING

Planning Consent: N/2015/1454

Approved for:

Demolition works
Restoration and conversion of heritage buildings
Construction of residential dwellings
Associated infrastructure and landscaping

Approximately 207 units remain available for delivery.

VAT

We are advised the property has not been elected for VAT. Interested parties should satisfy themselves through their own professional enquiries.

VIEWINGS

Strictly by appointment through Sell New Group.

FURTHER INFORMATION

The proposed purchaser will be required to pay the seller's agent a fee equivalent to 2% plus VAT of the agreed purchase price, payable upon exchange of contracts.

For further information, planning documentation or a confidential discussion, please contact:


DISCLAIMER

All information is provided in good faith and believed to be correct at the time of publication. Interested parties should rely upon their own inspections, surveys and professional advice. All measurements, planning information, capacities and development potential are subject to verification.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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**OUTLINE PLANNING FOR 207 UNITS** St. Crispin Drive, Northampton, Northamptonshire, NN5

Approximate location

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Affordability

Monthly repayments£25,073
Property: £ 5,000,000
Deposit: £ 500,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
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About Sell New, St. Neots

The Annexe Elm Croft Little Paxton St. Neots PE19 6QP

The Sell New Group is an independent Estate Agency based on the Cambridgeshire/Bedfordshire border, we provide a personalised service to assist you in purchasing or selling your home.

We are committed to providing a transparent, honest and reliable service. We excel by exceeding our clients expectations and by going that extra mile.

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