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Top 10 up-and-coming property hot spots

5th December 2011

We search the country for the top 10 up-and-coming property hot spots, including Folkestone, Cambridge and Newport.


Folkestone offers all the  fun of a seaside town, as well as attractive house prices 

By Graham Norwood

With the government’s announcement this week of a £400m boost to construction, the stage is set for a flourish of new developments. Where the diggers and the hod carriers go, there are sure to be fantastic investment opportunities, as well as good deals on flats and houses. Here are 10 up-and-coming areas with extensive house-building projects.

1 Corby, Northamptonshire

This town has a new railway station and services to London, refurbished schools and a revamped shopping centre. Developers are here with a vengeance, building whole suburbs thanks to the town’s position as a spillover area for London. But prices are far lower than in the capital, making this a target for families seeking good-value places to live. Barratt Homes is building The Pastures, where three-bedroom homes start at £149,995 and four beds are from £179,995 (0844 556 6166 0844 556 6166     ;

2 Bromley, Kent

This is another great location for a family. The whole county is benefiting from faster train lines to London. Some stations are just 17 minutes from Victoria. Bromley scores highly for schools, too, with Newstead Woods girls’ school and St Olave’s boys’ school among the top 20 in the country. Ward Homes has built Trinity Village close to Bromley Common. Properties range from £367,995 for a three-bedroom house to £394,995 for four beds (020 8313 3756 020 8313 3756      ;

3 Newport, Gwent

Commuting is not confined to South East England. Newport is much cheaper than Cardiff and Bristol, so is chosen by first-time buyers wanting good value and an easy commute. Newport has new roads and plans for a shopping centre as well as several new housing schemes. One is Neuhaus in the old docks area. One-bedroom flats start at £99,000 and two beds are up to £175,000 (Savills, 02920 02920 368931      ;

4 Houghton Regis, Bedfordshire

This suburb of Luton is proving popular with first-time buyers because it is just an hour from King’s Cross. Many train services also run through the night. The Parc House development is offering the FirstBuy scheme, aimed at helping young people gain a foothold on the property ladder. Prices range from £99,950 for a one-bedroom apartment up to a four-bedroom house with two parking spaces for £229,950 (Knight Frank, 01908 302928 01908 302928      ;

5 Cambridge, Cambridgeshire

This university city is the most expensive part of eastern England. The Land Registry says a typical detached house is now £680,000. But the market shows no sign of slowing as new business parks and better rail links to London are set to keep the market hot. Is this a good place for buy-to-let, then? Cambridge Riverside may be an appropriate scheme, with prices from £249,950 for a two-bedroom apartment to £1.2m for a four-bedder (01223 656100 01223 656100     ;

6 Nuneaton, Warwickshire

If you like investing in up-and-coming locations, look no further. Until recently Camp Hill was down-at-heel but Bluebell, a Barratt Homes scheme here, has just been awarded a major regeneration accolade. The area is low cost, for the moment at least. A one-bedroom house is £78,000, while new four-bedroom houses cost just £185,000 (0844 556 6166 0844 556 6166    ;

7 Folkestone, Kent

This is another ideal location for commuters wanting better value than London. Folkestone also offers the family fun of living near the sea, but is only an hour’s commute from St Pancras. Pentland Homes has built three-bedroom, three-storey semis for £249,950 at a development called Bayeuxfields (01303 893080               01303 893080      ;

8 Liphook, Hampshire

This area is a firm favourite with retirees. Now, with the Hindhead Tunnel open, it will be easier for relatives to visit. Bramshott Place Village is a gated development designed for independent retirees. There is a fitness suite, restaurant, shop and on-site health care. Prices start from £285,000 for a two-bedroom apartment to £535,000 for three bedrooms. (01428 722 80001428 722 800    ;

9 Salford, Greater Manchester

The BBC is making Salford a target for buy-to-let landlords. The University of Salford has opened a digital research centre too, so there is potential for student lets too. Apartments adjacent to the BBC’s MediaCityUK site are priced from £109,950 for studios, up to £239,950 for two bedroom units through Jones Lang LaSalle (0161 236 8793 0161 236 8793    ;

10 Wantage, Oxfordshire

Families wanting country life without the price tag of the Cotswolds should try Wantage. It is a classic market town with most buildings dating from the 17th and 18th centuries, but good schools include the much-praised Heathfield St Mary’s. It has easy road links to Swindon, Newbury and Oxford. Berkeley Homes’ Scholars Place scheme has three-bedroom semi-detached houses with two parking spaces at £285,000 and five-bedroom detached houses for £615,000 (Savills, 01865 26901001865 269010      ;

A helping hand

A government scheme could boost the number of homes built annually by up to 100,000. From March 2012, anyone buying a new-build property will be eligible for a 95 per cent mortgage. This will be partly underwritten by developers and the taxpayer to encourage companies to lend. £400m is also being made available to kick-start devlopments which were unfinished due to builders running out of cash. For full details visit


Source: Telegraph 5/12/11