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The construction of new Bovis Homes properties in Oundle is bringing more than £1.5 million investment to help improve local infrastructure and services in the town.
Vistry Group is building 126 new homes at its Cotterstock Meadows location, including 74 homes for private sale and 52 affordable homes available for local people through rent or shared ownership.
As part of the planning agreement for the development, Vistry is to contribute £1.3millon towards education provision, £130,000 to public transport, £86,000 for cycle paths, £49,200 for local healthcare and £29,000 to libraries.
Vistry, which incorporates Bovis Homes, Linden Homes and Vistry Partnerships, is building the homes at Cotterstock Meadows under the Bovis Homes brand.
Fraser Hopes, managing director of Vistry East Midlands, said: “This is a significant investment of more than £1.5 million which clearly demonstrates Vistry’s commitment to Oundle and the surrounding area.
“Apart from delivering 74 much-needed private homes, the development will provide 52 affordable homes for local people who cannot afford to buy their own property. These low-cost rent and shared ownership properties will allow people in the local community to secure a new home in the town and remain close to their all-important networks of family and friends.
“Moreover, during the construction life of the development, the work will create 125 full-time jobs in the building industry, many of which will be filled by the local workforce.”
The development will also provide public open space, a children’s play area and allotments.
Fraser said: “The lion’s share of the investment we are providing will be channelled into the improvement of early years, primary and secondary education in the town.
“Meanwhile, the cycle path contribution of more than £80,000 will help provide a cycle path from New Road, along Occupation Road, to the south-east corner of the development, and the £130,000 public transport payment will go towards either an off-peak fixed route minibus service or a demand-responsive service in the town for five years.
“The financial contributions we are delivering here will provide a significant boost for the area and make real changes and improvements which will improve the daily lives of residents both new and old.
“As a socially responsible housebuilder our ethos is not just to deliver new homes but also to help create vibrant new neighbourhoods that will have a positive impact on the wider community and, in this case, create a lasting legacy in Oundle.”
There is currently a choice of three, four and five-bedroom new homes available to reserve at Cotterstock Meadows, with prices starting at £357,500.
More information is available by calling the sales team on 01832 430019 or visiting www.bovishomes.co.uk.
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith, Vistry Ventures or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.