Demand for property in the South West is at the highest level seen in a decade, as research from Nationwide reveals that house prices in this part of the country have grown at the fastest rate on record since 2010.*
As buyers re-evaluate what ticks all the boxes for a property post-lockdown, Annington is helping to meet demand by releasing former Ministry of Defence properties to the market in the picturesque Somerset village of Ilchester on the 6th August.
Annington will be releasing a selection two bedroom maisonettes with private gardens in the historic village of Ilchester, situated on the outskirts of Yeovil. These former Ministry of Defence properties were once connected to the nearby RNAS Yeovilton, and have now been given a new lease of life by Annington, which has completed light refurbishment works throughout.
Louise Saunders, Sales and Marketing Manager at Annington, commented: “Buyers looking for a total lifestyle overhaul are turning their eyes to rural Somerset. Ilchester is a medieval town with plenty to offer a 21st Century buyer, including good schooling options, pubs and restaurants, cafés, and lots of outdoor space.
“Our properties in Ilchester offer an excellent starter option for first time buyers looking to get a foot onto the property ladder. We’re expecting many of these properties to sell quickly and recommend that buyers enquire now if they are interested in purchasing.”
Once a significant Roman base, Ilchester is now a tranquil village tucked into the south-easterly corner of Somerset. A range of amenities are on offer to residents, including a doctor’s surgery, hairdressers, two public houses, cafes and a convenience store. Easily accessible are a range of riverside and country walks from the village, and the nearby Ninesprings Country Park offers a range of native wooded and heritage landscaped garden walks, which are home to wealth of local wildlife.
Just over a mile away is Yeovilton, home to a notable Royal Naval Air Station and museum. The larger town of Yeovil is just slightly further afield, and offers a range of shopping and recreational activities, including a leisure centre, the Quedam Shopping Centre, a cinema, bowling alley, and cafes and restaurants.
Andy Nott, Branch Manager at Fox and Sons, said: “It’s a manic market at the moment, sales have been on and off in days with busy waiting lists when properties come available. We’re already seeing lots of interest in these properties from first time buyers and downsizers.”
Ilchester is ideally located for easy access to key towns and cities in the South. Direct lines from the nearby Pen Mill and Yeovil Junction railway stations lead to Bath (one hour 20 minutes), Bristol (two hours), Exeter (one hour) and London Waterloo (one hour 30 minutes) respectively.
A selection of good schooling options are easily accessible from Ilchester, including a local primary school based in the village, three senior schools in Yeovil, and a local college and university centre (connected to Bournemouth University).
Prices currently start from £125,000 for a two-bedroom home. For more information about the homes for sale at Ilchester, please contact the selling agent on www.fox-and-sons.co.uk or call 01935 412100.