IT’S ALL EYES on Wokingham as movers continue to snap up apartments in the town centre.
The ongoing development at Elms Field, which is part of the town centre regeneration project, is seeing more and more interest in the homes on offer.
With more than 120 new houses and apartments, the development sits by the new play area and above new businesses on Elms Walk and Denmark Street.
The properties, some of which are being marketed by Wokingham’s David Cliff Estate Agents, are said to be proving popular.
“They are right in the heart of the town centre close to all the fantastic facilities Wokingham has to offer,” said Cllr Charlotte Haitham Taylor, executive member for regeneration.
“It is also the perfect place for people looking to work from home as, despite being in the centre of town, the use of insulation and glazing makes them incredibly peaceful and quiet places to be.”
So far, 30 of the 68 properties released in 2020 have been exchanged or completed, and 42 offers have been accepted.
David Cliff, owner of David Cliff Estate Agents, said he is thrilled with the response to the units.
“We’ve only got two apartments left to sell, as well as a few maisonettes and houses,” he said. “It’s gone really well.”
Due to be launched last year, the grand opening of the Elms Field development was postponed because of the pandemic.
“Due to covid, we ended up doing quite an unconventional launch,” Mr Cliff added. “It was a shame to not be able to show off the units how we wanted, but we’ve been really impressed with how it’s gone.”
With phases one and two already sold out, David Cliff Estate Agents is now marketing phase three.
“A lot of the remaining homes are internal, so you might not see them when you drive past,” Mr Cliff said. “But they’re there, and they’re selling quickly.”
The houses and apartments in the Elms Field development all have allocated parking, and most overlook the park or the town.
They are also a short walk from the train station, and will be near the borough council’s Carnival leisure complex — due to open next year.
“It’s great to see how well the new homes are selling as, like the new apartments being built on the Carnival site, the profits made from sales are being ploughed back into the regeneration,” Cllr Haitham-Taylor said.
“This helps us deliver facilities like the Carnival Hub and Elms Field play area for free.
“They are also helping to secure a long term source of income that can be used to fund projects and services throughout the borough for years to come, which is a massive win for all our local residents.”
The multi-million pound project aims to support the high street, create new public spaces, develop an improved choice of leisure and shopping facilities, and create new homes.
