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Birmingham Post
Birmingham Post
Business
David Laister

York housing developers' joy as all units built as part of joint venture sell

All units on a new housing development in York have sold.

Mount Vale Gardens is a joint venture between Yorkshire-based property development specialists Helmsley Group and Mulgrave Properties.

Featuring a dozen four and five-bedroom family homes, it is located within easy walking distance of York train station.

Read more: Standard Life swoops for second bite of York's Old Fire Station after DVSA letting agreed

Max Reeves, development director at Helmsley Group, said: “We are delighted to have further developed our partnership with Mulgrave Properties through our work on this development. As developers who intimately understand the York property market, we understood that while they are sought-after, high-specification homes of this size and quality are often difficult to come by.

“The speed with which all units were sold demonstrates the continued resilience of York’s luxury property market in spite of the pandemic, and we look forward to developing similar residential schemes in the future.”

Located just a short walk from The Knavesmire, home to York Racecourse - providing plenty of green space for leisure and exercise - the homes are also within walking distance of a selection of outstanding local primary and secondary schools, including Scarcroft Primary, The Mount, St Peter’s, and Bootham School.

Each unit benefits from high-specification kitchens and bathrooms, advanced security systems and landscaped gardens.

David Smith, sales director at Mulgrave Properties, said: “It’s been very gratifying to see how quickly the development has sold, which is testament not only to the Helmsley and Mulgrave’s strong working relationship, but also to both developers’ understanding of the wider market in which they operate.

“The feedback from residents so far has been overwhelmingly positive, with many already seeing significant return on investment through reduced maintenance costs and increased energy efficiency, without needing to compromise on space.”

Keep up-to-date with all the latest developments - follow BusinessLive Humber on Twitter and LinkedIn.

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