Radleigh Homes

£10M Facilities Launched by Bondholders

Bondholder Radleigh Homes, alongside fellow Bondholder Derby City Council, has launched a new development of extra care apartments on the site of the former Bath Street Mill.

Located at the gateway to the UNESCO World Heritage Site and overlooking the River Derwent and Darley Park, the new £10m development  consists of 82 extra care apartments spread over four storeys.

All apartments have two bedrooms, a spacious open plan kitchen, dining and living area and a fully accessible wet-room.

The development also features other facilities, including a courtyard garden, restaurant/café and shop, along with hobby and therapy rooms, laundry room and mobility scooter store with charging points.

Work on the project, which has been a unique and very complex one, started early 2014 and was handed over to Derby City Council in 2016.

Following a ribbon cutting ceremony, there were speeches from Councillor Fareed Hussain Cabinet Member for Urban Renewal, Chris Neve, managing director of Radleigh Homes and Maria Murphy, managing director of Derby Homes.

Councillor Fareed Hussain, Cabinet Member for Urban Renewal, said: “It is great that as a council we can invest in schemes such as this which help provide accommodation to people with a mix of care and support needs. It will not only support members of the public but form part of the river defence which is important for us as a city.”

Chris Neve, joint managing director of Radleigh Homes, said: “The story of the redevelopment of Bath St Mill into this fabulous extra-care facility is a wonderful example of the energy, commitment, mutual respect, teamwork, skill and positive attitude shown by every single person involved in this project - from the team at Derby City Council and Derby Homes to all the specialist architects, engineers and the entire building team involved on the 18-month build programme.

“This scheme has been led locally, designed locally and constructed by local tradesmen, which shows the strength of a thriving local economy."

Earlier this week Radleigh Homes had been acquired by Redrow PLC, allowing Redrow to expand its operations in the East Midlands, and establish a new division in the region.

Radleigh Acquired by Redrow

Bondholder Radleigh Homes has been acquired by Redrow PLC.

The deal will allow Redrow to expand its operations in the East Midlands, and establish a new division in the region.

The acquisition, and investment that will now follow, will lead to more homes being developed in the region – benefitting local customers, colleagues and businesses within the supply chain.

Radleigh Homes has been in operation for over two decades and completed around 200 new homes in 2016. The business has a pipeline of over 1,300 plots with planning and a further 1,200 plots controlled under options in its strategic land bank.

Radleigh Homes’ 70 employees will become part of a new Redrow Homes East Midlands division based out of the existing offices on Pride Park.

Redrow was founded by Chairman, Steve Morgan CBE, in 1974 and has now established itself as one of the country’s top housebuilders.

Peter Gadsby, Radleigh Homes, said, “I am delighted that Redrow have decided to acquire the business as they hold similar values to our own. I have personally known and done business with Steve Morgan CBE for many years and have identified Redrow as the perfect fit to take Radleigh on to the next stage.

“I would like to pay special tribute to the Radleigh team who have helped grow the business so successfully over the last 15 years. In particular, the skills and professionalism of our Joint Managing Directors, Tom Finnegan and Chris Neve, who will be remaining with the business to help deliver growth from Radleigh’s established strong position.

Peter also paid tribute to fellow Bondholders PKF Cooper Parry and Geldards, both of whom played a leading role in negotiating and delivering this landmark deal.

 

 

Radleigh Welcomes University Students

Bondholder Radleigh Group has offered students from fellow Bondholder the University of Derby real-world experience of the building process.

18 students from the university’s BSC Quantity Surveying and Construction Management courses spent a morning at a new Radleigh development.

They were there to take a look at the progress of the building process, see the types of  foundations used and practical examples of the health and safety measures that are put in place on a building site.

This sort of real-life experience is invaluable to our first year students, who only embarked on their degree courses a couple of months ago and will stand them in good stead as they progress through their studies.
— Philip Hunt, Programme leader, BSc Hons Quantity Surveying and Commercial Management

Tom Finnegan, joint managing director at Radleigh Homes, said: “Here at Radleigh we’re always keen to support the development of the construction talent of the future – so we were delighted when the University of Derby asked us if a group of their first year students could see the work being carried out at Oaklands Park.

“We’ve a very good relationship with the university and a number of our employees studied there, so it’s good to give something back when we can. We hope the students found the visit helpful as they prepare to embark on the second term of their degree course in the new year.”

Derby's City Living Boom

Derby's city centre residential market is booming, with nearly 2,400 new properties built, or in construction, according to Bondholder Derby Telegraph. 

The city's residential revolution is showing no signs of slowing down as further new-builds and conversions bringing investment to the city centre.

This revolution has been kickstarted by the student accommodation market - out of the 2,388 new properties built in the city centre, 722 are student accommodation. This includes 128 apartments in converted Roman House by Bondholder StudioUS, and a 350-bed student accommodation development on Cathedral Road by Bondholder Prosperity Capital Partners. 

Developer Jensco has received planning permission to build a further 244 student apartment next to its One Friar Gate Square development in Agard Street.

A number of new homes have also come, or are in the process of coming, to market in the city centre, including the new Weaver's Point development from Bondholder Radleigh Homes, which comprise of 35 luxury apartments. 

We’re very excited about investing in Derby over the next 10 years. I’d like to do more student accommodation in Derby and we’re looking at other sites but, in addition to that, my vision for Derby is the build-to-rent sector. I think Derby is a prime city for build-to-rent.
— Gavin Barry, Chief Executive at Prosperity Capital Partners

These are joined by the apartments at One Cathedral Green, which all sold within months of going on sale.

A major success story of Derby's residential revolution has been Bondholder Compendium Living’s £100m Castleward development, which once completed will create an 800 home Urban Village in the heart of the city, mixing residential with retail and leisure. Phase 1 of the scheme has already completed with phase 2 set to begin soon.

Derby's residential revolution began two years ago at MIPIM UK, with the launch of the City Living brochure.

John Forkin, Managing Director of Marketing Derby, said: "Two years ago we launched a campaign to attract residential investment to support Derby's growth ambitions.

"We had a tremendous response and some of the buildings recently constructed, or currently going through planning, are a direct result of this.

"The past ten years' regeneration has made living in Derby city centre a more attractive proposition."

Radleigh's Double Success at Awards

2016 has been another busy and very successful year for Radleigh Homes, buying land and starting several new developments across the East Midlands. We are opening two new sites in the new year and we are excited about 2017 and the high quality, award-winning products we will have to offer.
— Chris Neve, Joint Managing Director
 

Bondholder housebuilder Radleigh Homes is celebrating a double success at this year’s prestigious International Property Awards.

The company has scooped the Best Residential Development in Derbyshire award for its scheme on the Broadway in Derby and was highly commended for its new Weavers Point apartments on Lodge Lane.

Speaking of the company’s success at the 2016 International Property Awards, Tom Finnegan, joint managing director at the Radleigh Group, said: “An International Property Award is a world-renowned mark of excellence. Receiving recognition at the highest possible level is testament to the hard work that our talented and experienced team has put into the design and construction of these two very diverse schemes, which proved hugely popular with homebuyers.”

City living success

Radleigh Homes’ Weavers Point development continues to demonstrate the strength of Derby’s city living market and is contributing to the increasing vitality of the city centre.

Since opening the sales office in February 2016, the luxury 2-bed apartments on Lodge Lane have sold quickly at prices from £150,000 upwards, with over 50% having sold already.  Now nearing completion, the show flat is to open on Friday 21st May.

Head of Sales at the Radleigh Group, Natalie Griffiths, said “Weavers Point presents a fantastic opportunity for anyone looking to live in a luxurious development with the hustle and bustle of Derby’s thriving economy on their doorstep”.

Weavers Point presents a fantastic opportunity for anyone looking to live in a luxurious development with the hustle and bustle of Derby’s thriving economy on their doorstep
— Natalie Griffiths, Head of Sales at Radleigh Group

Bondholders support Derby Spring Classic Sportive

Bondholders Geldards law firm and Radleigh Homes are the main sponsors for this years Derby Spring Classic Sportive (1st May) and the North Derbyshire Challenge (18th September), organised by fellow Bondholder HUUB and Cycle Derby.

Staff from both sponsors will be competing in the event - joining hundreds of cyclists of all ages and abilities who will be taking to the roads around the county.

Radleigh Homes will sponsor the 40km event - which is ideal for beginners. Managing Director Tom Finnegan commented: "I am particularly delighted that several members of staff will be competing in the Sportive with their friends, family and colleagues cheering them on."

Bondholder Geldards will be once again sponsoring the Business Team Challenge - an opportunity for up to ten colleagues to work together in an attempt to travel the greater distance. The team with the greatest total distance will take home the coveted Geldards Business Team Challenge title.

David Williams, Chairman at Geldards, said: "Cycling is one of the fastest-growing sports in the country and Geldards is proud to be supporting an event that will build upon Derby's ambition to become a cycling city."

Claire Duffin, Event Director for HUUB, said: "The response in the past couple of months since we opened entries for the Sportive shows that Derby is well and truly a cycling city. Entries are also coming in from cyclists from further afield which is great news for the city as they come here with their family and friends for an enjoyable day out."

For more information or to enter the Spring Sportive, visit www.cyclederbysportive.co.uk

Radleigh Homes links up with DCFC

Bondholder Derby County Football Club has welcomed fellow Bondholder Radleigh Homes onboard as a new club partner.

This partnership will allow Radleigh Homes to advertise its brand on both internal and external assets at the iPro Stadium, as well as on social media.

With more than three decades of housebuilding experience in the East Midlands, Radleigh Homes has established itself a reputation for combining stunning design with highly sought-after locations to create vibrant and exciting communities.

Sam Rush, President and Chief Executive of DCFC, said: "Radleigh Homes has an excellent reputation in their industry - and across the East Midlands - so we are delighted to be welcoming them on board as a partner."

Chris Neve, Joint Managing Director of Radleigh Homes, added: "We're delighted to be embarking on this new partnership with Derby County. Being associated with such a strong brand will reinforce our position as one of the region's leading housebuilders."

Radleigh Homes has an excellent reputation in their industry - and across the East Midlands - so we are delighted to be welcoming them on board as a partner
— Sam Rush, President and Chief Executive of Derby County Football Club