St Crispin Drive, Northampton, West Northamptonshire
- PROPERTY TYPE
Land
- BEDROOMS
101
- SIZE
Ask agent
Key features
- CONSENTED RESIDENTIAL REGENERATION SITE WITH APPROVAL FOR 235 DWELLINGS
- APPROXIMATELY 207 UNITS REMAINING TO BE DELIVERED
- LANDMARK CLOCK TOWER AND ADMINISTRATION BUILDING APPROVED FOR CONVERSION
- ONE OF NORTHAMPTON'S MOST SIGNIFICANT DEVELOPMENT OPPORTUNITIES
- 50% OF CIL / S106 CONTRIBUTIONS ALREADY PAID
- TWO UNDERGROUND CAR PARKS ALREADY EXCAVATED
- PREVIOUS PHASES SUCCESSFULLY COMPLETED AND SOLD
- PRIME POSITION WITHIN THE ST CRISPIN CONSERVATION AREA
- EXCELLENT ACCESS TO NORTHAMPTON, M1, A45 AND LONDON RAIL LINKS
- SIGNIFICANT GDV POTENTIAL WITH MULTIPLE EXIT STRATEGIES AVAILABLE
Description
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.
St Crispin Drive, Northampton, West Northamptonshire
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northampton Station2.3 miles
Notes
Disclaimer - Property reference SN01865. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sell New, St. Neots. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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