Considering buying a property on a new and still being built estate.
The development is in a prime location in reach of lots of amenities, not miles out in the suburban sticks but is large and quite imposing, despite having a fair amount of green space. Taylor Wimpey is the developer.
My concerns:
- Traffic is already heavy in the area at peak times
- Large development being built in stages
Mix of houses and while the one we're considering is a large, terraced townhouse (200qm +), there's over 100 apartments and a small number of semi detached and detached houses.
- The status of the roads and sewers and general estate management which are as yet 'unadopted' so not managed by the local authority but by the developer and it seems that this process carries on and is handed over to a management company once the development is completed (but that won't be for a couple years or so.) This isn't unusual with new builds from what I can tell but it's still a worry especially with such a large development. A smaller development with a handful of houses wouldn't concern me in the same way.
The houses are so spacious and while not cheap (nothing is in the area and property size we're looking for, min 4 bedrooms, £600-700k) they are good value purely on price vs size versus other (older but not period!) houses we're viewing with spacious rooms and multiple bathrooms. They also have good sized private gardens. The convenience of the location appeals (the convenience means it's a busy spot but that's a trade off) but I have made the mistake of googling on new builds and found endless issues and problems but only with the properties themselves but with the developments (roads, maintenance etc).
Any good or bad experiences to share that might help me decide or anything positive or negative that I've missed so far?