Our Summary

LANDMARK CLOCK TOWER AND ADMINISTRATION BUILDING APPROVED FOR CONVERSION

INVESTMENT HIGHLIGHTS Planning consent for 235 dwellings under application N/2015/1454 Approximately 207 units remaining Significant enabling works already completed 50% of CIL/S106 contributions already discharged Two underground car parks already excavated Landmark Grade II listed Clock Tower conversion approved Administration Building conversion approved Proven sales history with completed phases successfully sold Established residential location with strong demand fundamentals Opportunity to deliver premium heritage apartments and family housing Excellent transport connectivity to London and the wider Midlands Significant GDV potential across multiple phases THE OPPORTUNITY The approved masterplan has been carefully designed around the site's exceptional Victorian architecture, mature landscaping and established open spaces

At the heart of the scheme sits the iconic 40-metre Clock Tower and former Administration Building, both of which benefit from planning approval for residential conversion and offer the opportunity to create some of Northampton's most prestigious residential addresses

Completed works include: Delivery and successful sale of Plots 75–102 Excavation of two underground parking structures Detailed planning consent secured Conservation strategy approved Partial discharge of planning obligations Established residential market acceptance The successful delivery of earlier phases provides strong evidence of both market demand and scheme viability, significantly reducing development risk for an incoming purchaser

COMMERCIAL APPEAL For developers and investors, the site offers several compelling advantages: Proven Market Demand Previous phases have been successfully completed and sold, demonstrating strong demand for the location and product type

PLANNING Planning Consent: N/2015/1454 Approved for: Demolition works Restoration and conversion of heritage buildings Construction of residential dwellings Associated infrastructure and landscaping Approximately 207 units remain available for delivery

Description

The former St Crispin's Hospital site in Northampton, Northamptonshire, comprises a substantial development opportunity with significant heritage assets. The site spans a landmark section of the historic hospital estate within the St Crispin Conservation Area and extends to 10.55 hectares of land. The site benefits from an established planning consent for 235 residential units, including 207 remaining units, with a mix of heritage apartment conversions, new-build apartment buildings, family townhouses, and landscaped public realm.

The scheme features a Clock Tower and Administration Building, both converted for residential use, along with underground parking provision, open space, and communal areas. The site showcases 40-meter historic Clock Tower and mature landscaping, with imminent development opportunities including heritage apartment conversions and new-build units.