Beechcroft receives backing from Paragon for its latest retirement development in Shenley.

Beechcroft has received a 44.8 million facility from Paragon Development Finance to support the creation of a new retirement community in Shenley. The new development, designed exclusively for the over 55s will comprise 88 houses and apartments in addition to affordable housing. The beautifully landscaped and fully maintained gardens setting will include mature trees and new planting along with new habitat features which will support local wildlife and increase biodiversity. Construction is due to begin later this year and the Beechcroft team anticipates the first sales launch will take place in late 2027.

Each new home will feature a terrace, balcony or private garden, high-quality fixtures and fittings, including air source heat pumps, and allocated parking with electric vehicle charging points. Residents will also benefit from a communal lounge, a guest suite for visiting friends and family and an estate management service. The on-site Estate Manager will take responsibility for the administration of the development, the cleaning and maintenance of the communal areas and the upkeep of the landscaped setting and private gardens, as well as being on hand to offer help and advice if needed.

“For over 40 years, Beechcroft has remained true to its founding principle: to create homes for the over 55s that provide plenty of generously proportioned living space, regardless of the number of bedrooms – and the new homes at Shenley will be an excellent example. Architecturally, the development has been designed to complement the character of the village and to create a strong sense of place,” says Chris Thompson, Managing Director of Beechcroft.