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CPBigwood helps Kendrick Homes snap up another Astwood Bank site

 

Midlands housebuilder Kendrick Homes has snapped up another site in the village of Astwood Bank – where it is already working.

With the help of agents CPBigwood it has purchased a former offices and commercial complex on High Street for an undisclosed sum.

Once occupied by a printer, undertaker, joiner and light engineering firm, demolition is already under way.

Planning permission exists for seven houses, both two and three storeys, detached and link-detached.

Kendrick Homes expects prices to range from £199,950 to £300,000.

CPBigwood had for several years been acting for the private owner, managing the properties for him. But it was decided not to renew the tenancies as they became vacant and eventually the last business left.

The firm tested the water in the marketplace on behalf of the freeholder and subsequently began negotiations with Kendrick Homes.

Les Balla, CPBigwood director of commercial management, said: “Astwood Bank is a popular village, just outside Redditch and on the border of Warwickshire and Worcestershire.

“It is a friendly, close-knit community with plenty of facilities and good connections to Birmingham, Worcester and the motorway network. It is an excellent opportunity for Kendrick Homes and I think the properties will sell well.”

Simon Potter, Kendrick Homes land buyer, said it was hoped to begin construction in June, with the first completion in October/November and building finished by around January/February next year.

One of the attractions of the site was its proximity to an existing Kendrick Homes development at Hill View, Dark Lane, about a quarter of a mile away where seven large, individually designed houses are being marketed.

“It means we are able to switch the team on to High Street in a pretty seamless manner,” said Mr Potter.

He said the firm was actively seeking expressions of interest on both schemes. Anyone interested should contact Kendrick Homes sales department on 01922 622263.

“We are always looking out for potential new development sites in and around the Midlands area. We will consider any land with or without planning permission. If you have any land that may be suitable for residential development please contact us.”

William Kendrick, Black Country man and bricklayer, founded the company in 1880. Today the fourth and fifth generations run the family firm.

For more information about CPBigwood, please visit their website here: www.cpbigwood.com

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