COMMERCIAL
Berrywood Close, Northampton, Northamptonshire, NN5
Offers in Excess of
£5,000,000
- PROPERTY TYPE
Residential Development
- BEDROOMS
1
- SIZE
Ask agent
Key features
- PLANNING CONSENT FOR 235 DWELLINGS UNDER APPLICATION N/2015/1454
- APPROXIMATELY 207 UNITS REMAINING TO BE DELIVERED AND SOLD
- LANDMARK GRADE II LISTED CLOCK TOWER APPROVED FOR CONVERSION
- ADMINISTRATION BUILDING APPROVED FOR RESIDENTIAL CONVERSION
- 50% OF CIL AND S106 CONTRIBUTIONS ALREADY DISCHARGED
- TWO UNDERGROUND CAR PARKS ALREADY EXCAVATED
- PREVIOUS PHASES SUCCESSFULLY COMPLETED AND SOLD
- JUST 25 MILES FROM THE PROPOSED UNIVERSAL UK RESORT, BEDFORD
- SIGNIFICANT GDV POTENTIAL WITH PHASED DEVELOPMENT OPTIONS
- FULL LEGAL PACK IS READY TO SEND OUT,
Description
ST CRISPIN'S REGENERATION OPPORTUNITY
Northampton, Northamptonshire
ONE OF THE MIDLANDS' MOST SIGNIFICANT CONSENTED RESIDENTIAL-LED REGENERATION AND HERITAGE DEVELOPMENT OPPORTUNITIES
Sell New Group is delighted to present an exceptional opportunity to acquire a substantial consented residential development site within the historic grounds of the former St Crispin's Hospital, Northampton.
Positioned within the highly sought-after St Crispin Conservation Area, this landmark development benefits from an established planning consent for 235 residential dwellings, with approximately 207 units remaining to be delivered and sold.
The site represents a rare opportunity to acquire a large-scale, de-risked residential regeneration project combining significant heritage assets, completed enabling works, proven sales history and a clear route to delivery.
Importantly, the development is located approximately 25 miles (circa 30 minutes' drive) from the proposed United Kingdom Universal Resort, Bedford, a transformational project expected to create thousands of jobs, substantial inward investment and increased housing demand across the wider region.
For developers seeking scale, planning certainty and significant GDV potential, opportunities of this nature are exceptionally rare.
INVESTMENT HIGHLIGHTS
Planning consent for 235 residential units under application N/2015/1454
Approximately 207 units remaining
Landmark Grade II Listed Clock Tower approved for conversion
Former Administration Building approved for residential conversion
Significant enabling works completed
Two underground car parks already excavated
Approximately 50% of CIL and S106 obligations already discharged
Proven sales history with previous phases completed and sold
Established residential neighbourhood with strong market demand
Premium heritage and new-build product mix
Potential for phased development and delivery
Excellent road and rail connectivity
Significant GDV and profit potential
DEVELOPMENT OPPORTUNITY
The approved masterplan has been carefully designed to maximise the value of the site's unique heritage assets whilst creating a highly desirable residential neighbourhood.
At the centre of the scheme stands the iconic 40-metre Clock Tower and former Administration Building, both approved for residential conversion and offering the opportunity to create some of Northampton's most prestigious apartments.
The consented scheme comprises:
Heritage apartment conversions
New-build apartment buildings
Family townhouses
Landscaped public realm
Open space and communal areas
Underground parking facilities
The blend of heritage architecture and high-quality new-build housing creates a distinctive residential offering capable of commanding premium values within the local market.
DE-RISKED DEVELOPMENT PLATFORM
A substantial amount of development risk and upfront expenditure has already been removed.
Completed works include:
Delivery and sale of previous phases (Plots 75-102)
Excavation of two underground parking structures
Planning consent secured
Conservation approvals secured
Partial discharge of planning obligations
Established market acceptance and sales evidence
The successful delivery of earlier phases provides tangible evidence of both demand and scheme viability, significantly reducing execution risk for an incoming developer.
COMMERCIAL APPEAL
This opportunity offers a number of key advantages rarely found within a single development project:
Proven Demand
Completed phases have been successfully sold, providing confidence in both pricing and absorption rates.
Heritage Premium
The approved heritage conversions offer the opportunity to create unique residential products capable of achieving premium sales values.
Scale & Flexibility
With approximately 207 units remaining, the site provides sufficient scale for phased delivery whilst maintaining flexibility over build-out strategy.
Planning Certainty
An established planning framework significantly reduces planning risk and allows for accelerated implementation.
Reduced Upfront Costs
Major enabling works and a significant proportion of planning contributions have already been completed.
Multiple Exit Strategies
The development lends itself to:
Open market sale
Build-to-rent
Forward funding
Institutional investment
Phased land disposal
Joint venture structures
STRATEGIC LOCATION
St Crispin's is widely regarded as one of Northampton's most desirable residential locations, benefiting from mature landscaping, extensive open spaces and strong local amenities.
The development enjoys attractive views across the cricket pitch and surrounding green spaces, enhancing the value proposition of the proposed apartments and family homes.
Residents benefit from immediate access to:
Northampton Town Centre
Sixfields Retail & Leisure Complex
Schools and nurseries
Healthcare facilities
Public open space and countryside
CONNECTIVITY
United Kingdom Universal Resort (Bedford) - 25 miles
Northampton Railway 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 motorway network.
PLANNING
Planning Consent: N/2015/1454
Approved for:
Heritage restoration and conversion
Residential development
Associated infrastructure
Landscaping and public realm
Approximately 207 units remain available for delivery.
VAT
We understand the property has not been elected for VAT, although purchasers should satisfy themselves through independent professional enquiries.
VIEWINGS
Strictly by appointment through Sell New Group.
LEGAL PACK & RESERVATION TERMS
The seller's legal pack has already been prepared and is ready for immediate issue, allowing purchasers to undertake due diligence and progress swiftly towards exchange. To secure the opportunity, the successful purchaser will be required to pay a 5% non-refundable reservation fee and work towards exchange of contracts within 28 days of the full legal pack being issued by the seller's solicitors.
PURCHASER'S FEE
The successful 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, technical information packs or confidential discussions, please contact Sell New Group.
This version speaks directly to developers' priorities: risk removed, planning certainty, GDV, phased delivery, heritage premium and the Universal Resort growth story, which are the points most likely to generate serious interest.
SALES AGENCY APPOINTMENT
As a condition of any purchase of the site, the successful purchaser shall appoint Sell New Group as the sole selling agent for the disposal of all completed residential units constructed as part of the development.
The agency commission shall be 1.5% plus VAT of the final selling price achieved for each completed unit sold.
The purchaser agrees to enter into a formal agency agreement with Sell New Group prior to the commencement of marketing any completed units.
This provision forms part of the agreed sale terms and shall be binding upon the purchaser and any associated company, subsidiary, joint venture partner, special purpose vehicle (SPV) or successor in title involved in the development or sale of the scheme.
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.
Northampton, Northamptonshire
ONE OF THE MIDLANDS' MOST SIGNIFICANT CONSENTED RESIDENTIAL-LED REGENERATION AND HERITAGE DEVELOPMENT OPPORTUNITIES
Sell New Group is delighted to present an exceptional opportunity to acquire a substantial consented residential development site within the historic grounds of the former St Crispin's Hospital, Northampton.
Positioned within the highly sought-after St Crispin Conservation Area, this landmark development benefits from an established planning consent for 235 residential dwellings, with approximately 207 units remaining to be delivered and sold.
The site represents a rare opportunity to acquire a large-scale, de-risked residential regeneration project combining significant heritage assets, completed enabling works, proven sales history and a clear route to delivery.
Importantly, the development is located approximately 25 miles (circa 30 minutes' drive) from the proposed United Kingdom Universal Resort, Bedford, a transformational project expected to create thousands of jobs, substantial inward investment and increased housing demand across the wider region.
For developers seeking scale, planning certainty and significant GDV potential, opportunities of this nature are exceptionally rare.
INVESTMENT HIGHLIGHTS
Planning consent for 235 residential units under application N/2015/1454
Approximately 207 units remaining
Landmark Grade II Listed Clock Tower approved for conversion
Former Administration Building approved for residential conversion
Significant enabling works completed
Two underground car parks already excavated
Approximately 50% of CIL and S106 obligations already discharged
Proven sales history with previous phases completed and sold
Established residential neighbourhood with strong market demand
Premium heritage and new-build product mix
Potential for phased development and delivery
Excellent road and rail connectivity
Significant GDV and profit potential
DEVELOPMENT OPPORTUNITY
The approved masterplan has been carefully designed to maximise the value of the site's unique heritage assets whilst creating a highly desirable residential neighbourhood.
At the centre of the scheme stands the iconic 40-metre Clock Tower and former Administration Building, both approved for residential conversion and offering the opportunity to create some of Northampton's most prestigious apartments.
The consented scheme comprises:
Heritage apartment conversions
New-build apartment buildings
Family townhouses
Landscaped public realm
Open space and communal areas
Underground parking facilities
The blend of heritage architecture and high-quality new-build housing creates a distinctive residential offering capable of commanding premium values within the local market.
DE-RISKED DEVELOPMENT PLATFORM
A substantial amount of development risk and upfront expenditure has already been removed.
Completed works include:
Delivery and sale of previous phases (Plots 75-102)
Excavation of two underground parking structures
Planning consent secured
Conservation approvals secured
Partial discharge of planning obligations
Established market acceptance and sales evidence
The successful delivery of earlier phases provides tangible evidence of both demand and scheme viability, significantly reducing execution risk for an incoming developer.
COMMERCIAL APPEAL
This opportunity offers a number of key advantages rarely found within a single development project:
Proven Demand
Completed phases have been successfully sold, providing confidence in both pricing and absorption rates.
Heritage Premium
The approved heritage conversions offer the opportunity to create unique residential products capable of achieving premium sales values.
Scale & Flexibility
With approximately 207 units remaining, the site provides sufficient scale for phased delivery whilst maintaining flexibility over build-out strategy.
Planning Certainty
An established planning framework significantly reduces planning risk and allows for accelerated implementation.
Reduced Upfront Costs
Major enabling works and a significant proportion of planning contributions have already been completed.
Multiple Exit Strategies
The development lends itself to:
Open market sale
Build-to-rent
Forward funding
Institutional investment
Phased land disposal
Joint venture structures
STRATEGIC LOCATION
St Crispin's is widely regarded as one of Northampton's most desirable residential locations, benefiting from mature landscaping, extensive open spaces and strong local amenities.
The development enjoys attractive views across the cricket pitch and surrounding green spaces, enhancing the value proposition of the proposed apartments and family homes.
Residents benefit from immediate access to:
Northampton Town Centre
Sixfields Retail & Leisure Complex
Schools and nurseries
Healthcare facilities
Public open space and countryside
CONNECTIVITY
United Kingdom Universal Resort (Bedford) - 25 miles
Northampton Railway 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 motorway network.
PLANNING
Planning Consent: N/2015/1454
Approved for:
Heritage restoration and conversion
Residential development
Associated infrastructure
Landscaping and public realm
Approximately 207 units remain available for delivery.
VAT
We understand the property has not been elected for VAT, although purchasers should satisfy themselves through independent professional enquiries.
VIEWINGS
Strictly by appointment through Sell New Group.
LEGAL PACK & RESERVATION TERMS
The seller's legal pack has already been prepared and is ready for immediate issue, allowing purchasers to undertake due diligence and progress swiftly towards exchange. To secure the opportunity, the successful purchaser will be required to pay a 5% non-refundable reservation fee and work towards exchange of contracts within 28 days of the full legal pack being issued by the seller's solicitors.
PURCHASER'S FEE
The successful 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, technical information packs or confidential discussions, please contact Sell New Group.
This version speaks directly to developers' priorities: risk removed, planning certainty, GDV, phased delivery, heritage premium and the Universal Resort growth story, which are the points most likely to generate serious interest.
SALES AGENCY APPOINTMENT
As a condition of any purchase of the site, the successful purchaser shall appoint Sell New Group as the sole selling agent for the disposal of all completed residential units constructed as part of the development.
The agency commission shall be 1.5% plus VAT of the final selling price achieved for each completed unit sold.
The purchaser agrees to enter into a formal agency agreement with Sell New Group prior to the commencement of marketing any completed units.
This provision forms part of the agreed sale terms and shall be binding upon the purchaser and any associated company, subsidiary, joint venture partner, special purpose vehicle (SPV) or successor in title involved in the development or sale of the scheme.
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.
Berrywood Close, Northampton, Northamptonshire, NN5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Northampton Station2.2 miles
Notes
These notes are private, only you can see them.
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