The end of 2017 saw news of Barratts applying for planning
permission for just over 300 houses as part of the 1050 planned homes to the
north of the Bingham.
There has also been
funding secured from Highways England for a pedestrian and cycle overpass to
connect the former RAF Newton housing estate and Bingham. This will put this
estate within walking distance of the Bingham amenities and will support the
550 new homes proposed in Newton.
As local residents pointed out when interviewed by the
Nottingham Post – any development that is proposed should include a plan to
improve the infrastructure available.
The Bingham development has proposed, alongside the 1050 new homes, to
include a new primary school, employment space as well as a small retail area.
These new houses will really give a boost to Bingham’s town
centre and I am sure will bring more business to the local shops. Bingham is
very well placed for people commuting to Nottingham, Leicester and Newark so I
am sure there will be no shortage of families looking to move into the
properties.
There is currently a shortage of rental property in Bingham
and we are hoping that a proportion of these new build properties will be
purchased by buy to let investors. New build developments are popular with
investors as they expect the maintenance requirements to be low and tenants
like the modern fittings and economical running costs a new build offers. They
always let quickly and as more and more tenants are looking for long term
rentals void periods are minimal.
If you are considering investing in property follow our
property blog www.binghamproperty.com
for honest rental returns on properties for sale in the Bingham area or give me
a call on 01949 714101. Katie Archer
