Storey Homes, along with the Mayor of Bedford Borough Dave Hodgson marked a milestone in the building of 25 affordable homes at De Montfort Place in Bedford on Thursday 27th October, with a “golden brick” ceremony. The development in Warwick Avenue, will consist of 152 new homes at the former De Montfort University site.
The Mayor laid a brick to mark the completion of the foundation work at the site that will bring a selection of one and two bedroom apartments to those seeking affordable homes. The event was also attended by Harpur Ward councillor, Colleen Atkins (MBE), senior members of Storey Homes and Cross Keys Homes, the housing provider that will be managing the phase once complete.
The regeneration of the site will provide much needed housing for the popular area of Bedford that was recently voted by online estate agents eMoov, the third hottest property market in the UK, such is the demand from house hunters, who are searching outside the capital for homes of better value. This coincides with the Government’s announcement that it plans to invest £3 billion to help smaller, building firms to build 25,000 homes across the UK by 2020 through the Home Building Fund (HBF).
Katy Jordan, Managing Director of Storey Homes said: “We were delighted to be joined by the Mayor of Bedford and all our guests to officially mark the start of work at De Montfort Place for our affordable housing phase. This phase will be valuable to those families and young people who would otherwise struggle to get on the housing ladder. The affordable homes will be delivered to an outstanding quality and add to this key strategic site, delivering greatly needed new homes for the local community.”
Storey Homes along with the council has worked for more than a decade to develop the existing De Montfort University site to add to the regeneration of the commuter belt town. Mayor of Bedford Borough, Dave Hodgson, comments: “Bedford Borough is a growing place, with more and more people choosing to build their lives here. These homes will deliver much-needed affordable housing in the borough, and it is great to be able to mark a significant milestone in the building works.”
Assistant Director of Development for Cross Keys Homes, Nick Wright, adds: “Today is a real landmark day, and it has been fantastic to be joined by the Mayor and our guests to celebrate it. We are really pleased to be working with Storey Homes to provide these quality, affordable homes to the people of Bedford. The housing crisis is continuing to bite, and here at CKH we believe the best way to beat it is to provide excellent quality, affordable homes. We are thrilled to see these homes starting to come out of the ground and we know that local people will be watching the build with interest.”
The market town of Bedford offers a plethora of leisure and shopping amenities, including three speciality markets – a gourmet food event, farmers market and a home and garden market. The town is renowned as having one of the finest riverside settings of the River Great Ouse that can be enjoyed by residents along with picnics in one of the many parks and green spaces.
De Montfort Place is perfectly positioned near a great selection of schools, such as independent Polam School, minutes away from the development. Bedford is ideally located for commuters, with Bedford Station only 11 minutes’ walk away, offering direct connections into London St Pancras in less than 40 minutes.
The affordable rented homes will be available to rent through Bedford Borough Council. To register your interest, contact the Council on 01234 718058. Private homes are also available to buy starting at £180,000. For further details, visit www.storey-homes.co.uk or call 01582 742165.