A Closer Look at New Housing Developments in Downham Marketfjpinvestment
Downham Market is a town located in Norfolk in the East of England. Join us as we take a look at new housing developments in Downham Market. The town is a former Market Town from the Saxon times and Downham Market is actually one of the oldest Market Towns in Norfolk. A Market Town takes its form from the weekly markets that were hold in the town in medieval times.
They were the opportunity for farmers and local craftsman to come into the town and sell their goods. Downham Market is located close to Cambridge, Peterborough and Norwich. In addition, Downham Market has excellent transport links to the City of London with commuters able to be in the City within 90 minutes by taking the train.
New Housing Developments in Downham Market
Downham Market has recently seen the succesful launch of the Broad Oaks housing scheme from Birmingham based developer Prosperity Wealth.
The development across 30 acres will see 300 homes of one, two, three and four bedrooms take shape with a completion date due for Q1 2023. New homes are desperately required all across the UK and Downham Market fits the bill for this requirement with the Broad Oaks development bring much needed housing stock to the area.
Broad Oaks is all about luxury and comfort. A big onus is put on space. Each property comes with ample space to provide comfortable living conditions.
The Broad Oaks development is located at Nightingale Lane in Downham Market and suits both professionals and young families with the properties available to purchase on a freehold basis.
Interestingly, from an investor standpoint, property prices in Downham Market are around 53% cheaper than in neighbouring Cambridge. The rental market in Downham Market is very strong with local estate agents saying that the average rental void period is just 10 to 16 days per year. This being two thirds lower than the national average of the United Kingdom.
Specs of the properties available at the Broad Oaks new housing development in Downham Market
The most talented trade people are demanded when it comes to crafting the best property and every aspect of these properties has been thought of in conjunction with a team of highly skilled craftsman. It is often said that it is the little details that make up the formula for what is a great home.
Each kitchen is hand crafted from a very unique range that has been created exclusively for the developer Prosperity Wealth. The kitchen have ceramic floor tiling and come finished to a contemporary standard.
Again; contemporary being the goal – you will find that the finish is extremely high in standard.
External details of the property
Turfed gardens with paved patios and landscaping that is designed to be visual stunning to the eye. Electric car charging points putting this development very much in the modern era considering the direction cars are heading over the next 10 years.
A 10 year builders warranty is provided with each property.
The Croft is a 1 bed Maisonette which is really the perfect starter home. It is a freehold maisonette coming with living, kitchen and dining room along with a bedroom and a bathroom. In addition, the property benefits from a self contained garden.
Visually, you will find The Acorn as an aesthetically pleasing property to look at with the 2 bed semi detached property formed over 2 floors inclusive of a spacious master suite.
A 3 bed semi detached property that offers large and bright living areas. The great double doors create a seamless transition from the property to the garden.
Another 3 bed semi detached property with a focus on maximising the flow from inside to the out. The property is made out of 3 floors with the ground floor hosting the living room and kitchen. The first floor hosts two bedrooms and a family bathroom and the 2nd floor hosts the master suite.
This property is a 3 bedroom detached home formed over two floors. A truly spectacular property.
4 bedrooms and detached. Super spacious property including a garage at the side of the property. Very comfortable family living awaits.
The Royal Oak
Another 4 bedroom detached property that is most definitely the jewel in the crown on the Broad Oaks housing development. The Royal Oak has two options; one being with a self contained garage and the other with a garage at the side of the property.
There is no better place to call home than Downham Market and life is tranquil and unlike no other.
Property prices are rising and people are coming to the town in their droves with house prices rising by 15% in 2020, adding an average of £29,960 to the average house price.
Overall, Downham Market is a very happy place to live. So much so, it was recently voted into position 7 of the Rightmove “happy at home” index. Culturally, Downham Market is rich.
New housing developments in Downham Market are coming to the table but for now the Broad Oaks development from Prosperity Wealth is worthy of your attention.