First Luxury Homes Released

FIRST LUXURY HOMES RELEASED AT LINCOLNSHIRE’S PREMIER DEVELOPMENT

THE FIRST phase of a £40m project to redevelop a former historical hospital site in Bracebridge Health is being launched as development nears completion – offering seven family houses and 10 apartments in a beautiful and unique setting.

Developer Mabec and leading local agent Pygott &Crone is pleased to present the first phase of St John’s Village – a development that is transforming the sought-after site into luxury homes, just two miles from Lincoln city centre.

The seven new houses consist of one five-bed and six four-beds and are on the market to potential buyers. The first phase also sees the development of 10 luxury apartments full of character and charm – including three one-bed and seven two-beds.

Tim Downing, senior partner at Pygott & Crone, said the new development is a welcome addition to Lincolnshire and will be popular on the market.

“St John’s Village is a stunning and stand-out development like no other across the country as far as we know. It has a lot of character and is of significant historical interest to Lincolnshire and its residents,” he said.

Tim added: “With prices set to keep on rising across the county – according to the latest house price index figures – now is a great time to invest in property and St John’s will be considerably sought-after, we have been flooded with inquiries already.”

St John’s Village will consist of 106 luxury homes and apartments – including 77 new build family homes once it is complete.

Prior to Mabec’s arrival on site, the Victorian hospital site had been vacant for 24 years and was a far cry from the architecturally stunning building it used to be, according to Mabec director Mark Elliott.

“The site has so much potential and the development is breathing new life into this magnificent building – we are turning back the clock. Now the first section of the limestone facing main building has been cleaned, and it is starting to once again look incredibly striking to those arriving at St John’s Village. I’m thrilled to be bringing St John’s back to life.” Mark said.

Set over 18 acres, the development is possibly one of the largest such regeneration projects in the country at this time.

Mark added: “The work we are doing involves a sympathetic refurbishment of the existing property and the construction of a number of beautifully styled homes, we know the significance of the site to residents which is why we want to breathe new life into it and give people a unique place to call home.”

The Mabec team have more than 50 years’ experience in property development, the last decade being dedicated to the regeneration of older buildings in the East Midlands.

Designed by architects Hamilton and Thomas Percy, St John’s is a limestone faced Grade II listed building built in 1852.

 

For more information contact Isabel Dunmore or Annie Bowden at Cartwright Communications on 0115 853 2110 or isabel@cartwrightcommunications.co.uk annie@cartwrightcommunications.co.uk

Mabec was formed to become a regional force in the residential development market. We have started the journey with a number of high profile acquisitions and are making good progress on several larger scale, often challenging, development sites.