MORE retirement properties are in the pipeline for Marlborough with plans for a new development in the Old Yard in London Road going on display next week.

Developers Renaissance Retirement is carrying out a public consultation to showcase its plans to re-develop the Marlborough Building Supplies site in Old Yard, London Road into luxury retirement apartments.

The developers hope to build one and two bedroom apartments with owners having access to a lounge and guest suite.

If planning is granted, it is anticipated that the build would start later in the year, with a show home available to view in 2016.

Renaissance Retirement  have not yet revealed how many apartments will be built, explaining that this will form part of the consultation process.

Nick Watkins, Development Director at Renaissance Retirement, comments:  “We are looking forward to meeting local people and hearing their views on our early plans for our proposed scheme.

“We feel it’s vital to consult at this early design stage to get a feel for local residents’ thoughts and ideas.

“Judging by the large number of enquiries for our site as well as research conducted, there is considerable interest in Marlborough for independent retirement living.

“Research estimates over £400 billion of housing wealth is tied up in properties where owners desperately wish to scale down.

“Renaissance’s proposed retirement development in Marlborough offers an ideal opportunity for those people approaching their later years who aspire to downsize.”

At the end of last year planning permission was granted to build a 64-bed care home and 28 assisted living units on the former Wiltshire Council depot site in Salisbury Road.

There is also a planning application awaiting a decision by Wiltshire Council to build 27 retirement apartments on the Clarke and Rodway Garage site.

The Old Yard exhibition will be held at the Marlborough Bowls Club, Salisbury Road, Marlborough, between 4pm and 7pm on Thursday 19 February 2015.

To register your interest or for further information visit www.renaissancegroup.co.uk or call 0800 625 0026.