"Wilton Park is a landmark later living development for the Beaconsfield community, and we’re thrilled to be supporting the Beechcroft team for the second time, after backing their previous scheme in Ascot"
- Oliver Powlesland - Paragon Bank
Paragon Bank’s Development Finance division has provided a £30 million finance facility to award-winning SME developer Beechcroft, enabling the construction of 95 assisted living apartments for over 55s at Wilton Park in Beaconsfield, Buckinghamshire.
This marks the second collaboration between Beechcroft and FTSE 250 lender Paragon Bank for development finance. The funding allows Beechcroft to start construction imminently, with the first units expected to be available for sale in Winter 2026 and full completion anticipated by 2028. The later living scheme forms part of a wider Wilton Park masterplan, which will also include a 75-bed nursing home, open market housing, a new nursery, a café, and sports pitches for the local community.
The 95 apartments at Wilton Park will feature en-suite bathrooms and Beechcroft’s ‘Healthihouse’ specification.
This specification includes:
Door handles and light switches with an anti-bacterial coating
Non-porous worksurfaces and hygienic bathroom wall panelling
Whole-house ventilation supplying filtered air to principal rooms
Residents will also benefit from EV charging points, communal gardens, underground parking, and an elegant residents’ lounge designed to become the social hub of the development.
Set within over 75 acres of landscaped parkland on Gorell Road, Wilton Park is around a mile from Beaconsfield town centre, with easy access to supermarkets, independent shops, restaurants, and cafés. The location is well connected, with Beaconsfield railway station offering direct services to London Marylebone in as little as 25 minutes, and the M40 motorway within two miles. The Chiltern Hills and Burnham Beeches nature reserve are nearby, offering ample green space.
The development responds to Buckinghamshire’s ageing population and the growing demand for high-quality later living accommodation. Buckinghamshire Council has identified a shortfall in local housing land supply, with nearly 69,000 new homes required to meet future needs. The Wilton Park scheme provides a supportive community for over 55s while helping to release family homes for the wider housing market.
The finance deal was led by Oliver Powlesland, senior relationship director at Paragon Bank, with support from Amanda White, portfolio manager.
“Wilton Park is a landmark later living development for the Beaconsfield community, and we’re thrilled to be supporting the Beechcroft team for the second time, after backing their previous scheme in Ascot,” said Oliver Powlesland, senior relationship director at Paragon Bank. “Later living schemes like Wilton Park provide tangible social and health benefits and a real sense of community for residents, and with an ageing population, we imagine demand for homes like these will only continue to grow. Our continued relationship with the Beechcroft team gives us confidence in their vision and delivery, and we look forward to seeing this community take shape.”
“This scheme will set a new benchmark for quality in the later living sector in Beaconsfield and we are incredibly proud to be helping provide a solution to the region's housing shortage, with support from the Paragon team,” said Chris Thompson, managing director at Beechcroft. “Paragon's flexible approach and understanding of the later living sector have been invaluable throughout the planning process.”
