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Derelict to desirable

New life has been injected into previously derelict land in the heart of Cirencester with the completion of seven contemporary, two-bedroom apartments now available for sale. Following the closure of a sheltered housing scheme on the site, the land stood empty for some time while Bromford explored a number of different plans for the redevelopment of the site with the local planning department.

Now 50% sold!

Akeman Court has been built in Cotswold stone to blend in with the existing landscape. Councillor Joe Harris welcomed the development, saying that residents had wanted a solution to the area for a long time, continuing that "any housing built in the Cotswolds is good if it is going to local people."

Akeman Court photo

The new homes will only be available for existing residents of Cirencester who can benefit from Bromford's 'Help to Buy' 20 per cent equity loan, meaning just five per cent deposit is required - or £8,212. Good news for young people/first-time buyers, particularly in light of new research by the National Housing Federation revealing that thousands of young people are going to extreme lengths to raise cash to afford their first home.

Alan Bradley of Bromford Homes said: "Akeman Court provides affordable quality for local people. Cirencester is a very desirable area with its thriving market town and within a 30-minute commute of Cheltenham, Gloucester, Bristol, Swindon, Oxford and Bath to name a few. It is the largest town in the Cotswolds with a rich history - interestingly, we discovered an ancient tip when we began work which we have been careful to preserve."

Each home comes with a fitted kitchen with oven, hob and extractor, fitted wardrobes and allocated parking. For more information on Akeman Court, call 0845 6010878 or 07850 918938.

Akeman Court interior shot

More information on NHF research

A poll of over 2,300 British young people on housing issues, conducted by YouGov for the NHF, reveals that there is a growing sense of dissatisfaction at Britain's failure to tackle the housing crisis for their generation and nearly nine in 10 (87%) 18-34 year olds say it is difficult for their generation to get on the housing ladder in Britain.

The poll also revealed some of the ways young people are currently or considering doing to afford a deposit for a home:

  • More than one in ten (12%) 18-34-year-olds - the equivalent of 1.7 million1 - have or are thinking of taking on a second job to raise funds for a house deposit
  • A shocking one in 25 (4%) have or are considering taking part in paid medical research, suggesting how desperate young people are to get a deposit together. 
  • Young people are also putting their lives on hold with 2.1 million2 (15%) considering putting marriage and family plans on the back burner and around one in seven (14%) moving back in with parents
  • One in 20 (5%) also revealed they are considering or are sharing a room with a friend or stranger with the same amount delaying or cancelling plans for further study

All figures, unless otherwise stated, are from YouGov Plc. Total sample size was 2,330 adults. Fieldwork was undertaken between 18 February - 2 March 2015. The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18-34).

1 Calculation based on Labour Force Survey data 2014. Population aged 18 to 34 = 14,126,803, 12% thereof = 1.7m

2 Calculation based on Labour Force Survey data 2014. Population aged 18 to 34 = 14,126,803, 15% thereof = 2.1m

 

 

25 March 2015