Building work started at the Gay Meadow site in January. This development will create one and two bedroom apartments and town houses when finished.
179 new building developments in Shrewsbury are being built by David Wilson Mercia, they have just seen the first residents move in during March
They also predict that the whole development will be finished by late 2015 or early 2016.
The Old Gay Meadow Football Stadium – New Homes in Shrewsbury
The ground next to the River Severn will be made up of 62 houses and 117 apartments. The site was cleared after Shrewsbury Town moved to its new home in Oteley Road 7 years ago leaving the ground open for new building developments.
Housing chiefs say the project will bring over 300 jobs to Shrewsbury via tradespeople and contractors who will be hired to work on the building developments.
David Wilson Mercia said inquiries were already getting interest ahead of the official sales . Angela Nurse, sales manager, said: “It is a lifestyle people will be buying into and because of the variety of properties, we think there will be a wide selection of people coming forward.
When the building development was first given the go-ahead one of the elements of the planning permission was to raise the ground by 5ft above the highest recorded water flood level after on-going problems with flooding over the years. The development was granted permission by Shropshire Council, on the condition that an emergency plan for evacuating the properties during periods of flooding is made.
The first few houses have already been made, but there is a lot more to come. Elsewhere on development the ground is being raised to the required height and drainage installed.
The more famous example of a club re-developing its old stadium but retaining the original structure of the ground is Arsenal’s Highbury in 2006. It was made into luxury apartments around the old pitch which became public spaces and gardens.
The prices of the new building developments ranges from £213,000 to £475,000. At the lower end of the new building developments you can buy a 2 bed, ground floor apartment with two en suites and a separate bathroom. With dual aspect windows to open plan sitting/dining/kitchen area. This will cost you 213,000.
On the higher end you can get a 4 bed, with 2 en suites a separate bathroom a terrace and a garage. This will cost you 475,000.
If you need to find mortgage advisers in Shrewsbury then AFP Partnership can help you. AFP are Independent Mortgage and Insurance Advisers who will only give you the best offer. If you are looking to buy a property in Shrewsbury and you need a mortgage then you should seriously consider AFP Mortgage advisers.
Using the quick ‘how much can I borrow’ calculator on the AFP homepage (http://www.afp-partnership.co.uk/) you can work out how much money you will be aloud to borrow for your mortgage. Although if you need more for your mortgage special arrangements can be made by calling AFP Partnership Mortgage Advisers on 0800 092 1957.
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