Slough Urban Regeneration’s flagship residential development has been shortlisted for two industry awards.
This month, it will find out if the development has been successful at the Thames Valley Property Awards – for Esidential Development – and the RESI Awards – for Development of the Year.
Milestone is on a previously disused Council owned site. It contains 73 new homes, a mixture of one and two-bedroom apartments and two, three and four-bedroom houses. The development also included over 30% affordable housing.
First launched in summer 2016, the homes were popular among local buyers, enjoying a sell-out success. The first of the new residents moved in, December 2017, with the final few sales completing by late summer 2017.
It was SUR’s first residential scheme. Help to Buy was widely used, with 78% of buyers using it to assist with their purchase.
Andy Howell, General Manager at Slough Urban Renewal, said: “We are really proud of Milestone and what this development delivered for the town. As a partnership with Slough Borough Council, it is so important that the residential schemes we deliver are directly tailored to meet the needs of the town’s people. By pursuing a policy of only selling to owner occupiers and with some many first-time buyers able to secure a home here, we have delivered a thriving new community, right in the heart of Slough.”
Slough is represented in four further categories at the Thames Valley awards, including Town of the Year.
Slough Urban Renewal (SUR) is a partnership between Slough Borough Council and Morgan Sindall Investments.