The transformation of a former industrial site in the Black Country into a desirable neighbourhood has earned Redrow honours in the UK Property Awards.
Chestnut Walk in Bilston has won an award in the Residential Development category and homebuilder Redrow will find out in London on October 9 whether it’s the top five star award or highly commended.
Judging was undertaken by a panel of over 70 experts from all over the world and chaired by two active members of the House of Lords: Lord Caithness and Lord Best.
Stuart Shield, president of the International Property Awards, commented, “The UK’s developers have really taken up the gauntlet and submitted a number of outstanding developments. These projects are attractive to the eye, highly functional, eco-friendly and feature the latest state-of-the-art technology.”
The accolade is great news for Chestnut Walk, where the final phase of homes is now on sale.
Pauline Turnbull, sales director for Redrow Homes (Midlands), said: “Chestnut Walk has already won over buyers in Bilston and we’re overjoyed that it’s also scored highly with the judges in the UK Property Awards. It’s great to know that the hard work and dedication we’ve invested in transforming a former industrial site to provide much-needed new homes has been recognised.”
Prior to being acquired by Redrow in 2010, the four parcels of brownfield land either side of the Bradley arm of the Wolverhampton/ Birmingham Canal had been cleared of redundant buildings. The previous owners had demolished industrial units, a derelict warehouse and former lamination stamping plant that until 2008 had occupied the land.
In their place Redrow has now created an attractive development of sought-after homes, making a feature of the canal.
The first homes at Chestnut Walk were released for sale in early 2011. Four years after the official launch event, attended by Redrow and Wolves chairman Steve Morgan and footballing legend Steve Bull, it’s now a well-established neighbourhood where people are keen to live.
A sense of community has blossomed as residents have moved in, with homeowners forming a Facebook group to get to know their neighbours, share ideas and organise events.
Demand for the homes is such that as the initial 166-home development approached a sell-out, Redrow secured planning consent for a further 35 properties on land which had previously been earmarked for light industrial units.
This final phase offers a choice of one and two-bedroom apartments, plus two and three-bedroom homes, with prices ranging from £82,995 to £159,995.
The competitively priced properties are even easier to afford with Help to Buy. The Government-backed scheme enables those with a 5% deposit the chance to defer paying up to 20% of the price by taking out an equity loan. For example, using the equity loan scheme a one-bedroom apartment could be snapped up for an initial outlay of just £66,396 including a 5% deposit and 75% mortgage.
For more information about these award winning homes, visit Chestnut Walk, open daily from 10am to 5.30pm. For the latest availability and pricing, call 01902 276900 or see www.redrow.co.uk/chestnut.
Established more than 40 years, Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. The company has won numerous awards over the years, including, most recently, the Gold Award for Best Large Housebuilder at the WhatHouse? Awards 2014, the 2014 Building Awards Housebuilder of the Year and five consecutive 5* awards in the Home Builder Federation (HBF) annual customer satisfaction survey. Redrow also collected the award for best marketing initiative at the 2014 Housebuilder Awards and its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence.