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Leicester property market boosted by more developments

The property market in Leicester is at an all time high in spite of the dramatic economic impacts of the coronavirus pandemic. This is evidenced by skyrocketing house prices as well as the continued appearance of more home developments around the city of Leicester.

Notably the New Lubbesthorpe development has seen a second phase of properties being built by the property developer, David Wilson Homes. Close to the city centre, New Lubbesthorpe is nestled within 75 acres of woodland and 250 acres of open space. There is a selection of one to five bedroom properties being built by David Wilson Homes and are intended to provide a relaxing retreat for home buyers.

Rachael Harrison, Sales Director at David Wilson Homes East Midlands, said: “We’re really looking forward to progressing our New Lubbesthorpe development with this second phase of properties and contributing to the wider scheme which will bring much-needed new homes to the area.

New Lubbesthorpe Phase 2 properties – Image Credit: David Wilson Homes

“A fantastic community has already formed at the development and we’ll enjoy helping more homebuyers make a move to this exciting location.

“Following our launch, we’re now open on an appointment-only basis for those keen to learn more about the homes available.”

Alongside the homes that have been built here, a primary school was also constructed as part of the previous phase. The goal of this being to support families with young children looking to settle down there.

New Lubbesthorpe homes first became available in late 2017 as part of a 4,250-home scheme in West Leicestershire. David Wilson Homes has now set up on Tweed Street for its second phase.

The main appeal of this development is that it’s a semi-rural location which benefits from a close proximity to Leicester’s amenities.

Currently on offer is a selection of three bedroom properties which start at very close to £355,000.

With many people looking to uproot from cities following the pandemic, these quieter locations are becoming incredibly popular, especially amongst families and professionals working from home. The new climate of distanced, remote working has made these sorts of moves possible for far more people and this trend could continue indefinitely.

By Sam Ellison