MRP acquired 1.2 acres of multi-let industrial warehouses in a popular Northampton suburb, only 50m from the main shopping area and 300m from the town's only Waitrose supermarket. The vendor's price expectations were based on planning consultant's advice that the site context was suitable for around 40 terraced houses only. However, a more detailed study of context, extensive consultation with local councillors and residents, and the design quality of the proposed scheme, enabled planning consent to be obtained for 155 apartments. 176 car spaces were located out of sight in a semi-underground basement, allowing the creation of a generous internal courtyard garden which helped to soften the scheme density. The site was sold with planning to a private developer.
|status||Sold with planning|