Following years of debate, false starts, protests and planning, Kenilworth is now about to change forever. The controversial plans, which include the construction of 100’s of new homes and the demolition and relocation of the high school and sixth form, will undoubtedly affect 1000’s of local residents negatively during the construction phase. However I feel it is much needed revitalisation for our ailing town centre, which lags way behind the neighbouring towns of Leamington Spa and Warwick. Taking clothing retail and restaurants as an example, 20 years ago Warwick Road boasted fashion retailers Feminique and Status, together with Simpsons, the Michelin starred restaurant (I washed pots there as a school boy), all long since closed or relocated. The new housing together with a first class learning facility and the new railway station will bring a much needed influx of new people to this close-knit community.
At SBK we have seen enquiries for student property rocket which will help keep the town fresh and vibrant. The student population just a few miles down the road in Leamington Spa has helped regenerate the area in the south of town and encouraged new independent retailers/restaurants/coffee houses to open – just one of the reasons that Leamington is such a desirable place to live. Property values should improve too – Kenilworth used to be on a par with its nearest rivals but has fallen behind over the last 10 years.
Most buyers relocating to Warwickshire – particularly from London – tend to look to the towns with a greater ‘buzz’ and transport links, something Kenilworth will soon be able to offer. Kenilworth, with its beautiful parks and castle, excellent schools, new railway station and housing could easily become the most desirable place to live in the Midlands. This agent certainly thinks the future is bright.