Property News
MCR Homes Sells 78 Unit Apartment Conversion in £12m Deal
MCR Homes has announced the sale of its Broadwater Apartments development in Worthing, West Sussex, to LRC Group, for £12m. The 53,000 sq ft former EDF Energy building was transformed by the Manchester-based company’s parent, MCR Property Group, last year into a mix of 78 one- and two-bedroom luxury apartments. All units have since been […]
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MCR Property Group’s Stockwood Gardens In Luton Makes Headway With 50% Phase 2 Sold
MCR Property Group’s Stockwood Gardens in Luton has reached 50% sold in Phase 2 ahead of launch. Phase 2 is currently under development with the new E block launched in June 2021. MCR Property Group broke ground on this project with Phase 1 in November 2019, and with Phase 2 underway as well as Phase […]
Read moreWhat Can Homebuyers Get For £250,000 in Different Regions?
The housing market has seen a huge spike this spring. As we come out of lockdown more and more people are putting their houses up for sale or looking for a home to make a fresh start. This surge in the housing market has been the biggest in a decade, and for those selling their […]
Read moreCompany News
MCR Homes Sells 78 Unit Apartment Conversion in £12m Deal
MCR Homes has announced the sale of its Broadwater Apartments development in Worthing, West Sussex, to LRC Group, for £12m. The 53,000 sq ft former EDF Energy building was transformed by the Manchester-based company’s parent, MCR Property Group, last year into a mix of 78 one- and two-bedroom luxury apartments. All units have since been […]
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MCR Homes sets out 2019 expansion plans
MCR Homes, the sales arm of MCR Property Group, has unveiled its ambitious growth strategy for 2019 following a successful second year in business.
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Regency plans luxury homes on Alderley Edge nightclub site
MCR Homes is aiming to complete a 12-home development in Alderley Edge by autumn this year as the scheme’s detached houses hit the market for at least £1m each.
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MCR Homes launches luxury penthouse apartments in Norwich
Property consultancy firm, MCR Homes, part of the MCR Property Group has extended its city-centre Norwich development, Grosvenor House, with 14 luxury penthouse apartments.
Read moreLeasehold ban proposed for new-build houses
The government is seeking to end ‘long-term financial abuse’ by some developers who are selling new-build homes on a leasehold basis. Leaseholders typically pay ground rent to the freeholder, but can be caught out by clauses allowing for dramatic increases in these fees. Ground rent typically rises in line with inflation, but in some cases, […]
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