Flint Bishop

First time buyers vote with their feet at Park Central Birmingham

 

 

Crest Nicholson has announced a surge in sales at its award winning Park Central development in Birmingham city centre resulting in the sell out of its Glade phase of parkside apartments, as homebuyers continue to give the exclusive range of contemporary new homes their vote of confidence.

In addition to sales figures at the popular development beating city-wide averages, visitor levels to the Park Central marketing suite have risen sharply compared to figures from the same period last year, signalling a strong end to the winter sales season. Jo Parker, sales manager at Park Central explained the reasons behind its recent success.

Jo said: "The sell out of the Glade phase at Park Central indicates that there is demand for competitively priced new apartments in Birmingham city centre. One bedroom apartments have formed the bulk of our sales over the previous months and this evidence suggests that first time buyers are active in the marketplace - a hugely positive sign.

"The recent upsurge in footfall and sales at Park Central follows the successful launch of a new website for the development. An increasing number of visitors are finding us online at both www.parkcentral.co.uk and the Crest Nicholson websites, as well as established property search engines. In the past weeks we've consistently seen over half of our enquiries coming from the web, indicating a behavioural change in the way that people access property information. Our investment in online has therefore been a factor in to our recent success.  

"A recent open evening aimed at assisting and informing first time buyers also proved popular, with a range of prospective purchasers coming along to access the free independent financial advice on offer and to find out more about Park Central. These events, in conjunction with the availability of Government-backed assistance schemes such as  HomeBuy Direct, are all part of our commitment to helping buyers get on and get up the property ladder at Park Central. With Glade now sold out, we remain focused on taking positive steps towards assisting buyers, and visitors to the development can still choose from a collection of apartments in the Hudson phase, many of which are available with HomeBuy Direct."

Eligible purchasers with a household income of less than £60,000 can take advantage of HomeBuy Direct at Park Central. The initiative reduces the mortgage amount needed by buyers to secure their first home, with the government and Crest Nicholson covering up to 15 per cent each or 30 per cent in total of the property price with a loan.  This then leaves the buyer with a more affordable mortgage for the remaining 70 per cent.

Crest Nicholson has a selection of contemporary one bedroom apartments currently available at Park Central priced from £90,000, or just £63,000 using HomeBuy Direct. Two bedroom apartments are available from £146,500 or £102,550 with HomeBuy Direct.

A range of purchasers from investors to first time buyers, young professionals, and parental landlords are voting with their feet and opting to purchase at Park Central.  Alongside the hundreds of first time buyers who have been helped onto the property ladder at Park Central, signs point to a return to the city centre market of investors. Jo added:

"Park Central ticks all the boxes for a wide range of occupiers, from students looking for a quick way into university from Five Ways station to young professionals wanting to save on transport costs by walking into the city.  We receive regular feedback from occupiers telling us that the city centre location coupled with the peaceful environment make Park Central their development of choice.  This winning combination makes Park Central popular with investors and owner occupiers alike all looking to enjoy the benefits of the city centre."

Bordered by Bath Row and Lee Bank Middleway, Park Central offers buyers the very best in city living, located only minutes away from The Mailbox and with eight acres of public parkland at the heart of the scheme giving homeowners the chance to escape the hustle of the city centre and seek refuge in a peaceful, green environment. 

Park Central is the result of an innovative partnership between Crest Nicholson and joint landowners Birmingham City Council and Optima Community Association.

 

 

Bookmark and Share

Article published by Midlands Business News on 15 March, 2010

Submit your company news and photographs to Midlands Business News via email news@midlandsbusinessnews.co.uk or submit news and events online here.

midlandsbusinessnews.co.uk is an online Midlands business news network and we welcome submissions of your company or business related news articles and event notifications.

 

 

Articles submitted by Park Central Birmingham:



  • House hunters still exempt from stamp duty at Park Central - click to read
  • 95% mortgages now available at Park Central, Birmingham - click to read
  • A month of giveaways at Park Central - click to read
  • New marketing suite for Park Central! - click to read
  • FirstBuy now available on one bedroom apartments - click to read
  • House builder Crest Nicholson tops the ranks in customer satisfaction survey - click to read
  • Park Central shortlisted in first time buyer awards - click to read
  • First time buyers invited to open weekend at Park Central - click to read
  • First time buyers head en-masse to Park Central, Birmingham - click to read
  • Househunters encouraged to combat rising energy costs with an eco-friendly home - click to read
  • Green light granted for next phase of Park Central - click to read
  • Golden opportunities at Park Central - click to read
  • Last chance for FirstBuy at Park Central, Birmingham - click to read
  • 'Tis the season to be jolly at Park Central - click to read
  • New show home unwrapped at Park Central, Birmingham - click to read
  • Park Central shortlisted as 'Best Regeneration project' - click to read
  • First luxury homes releases for sale in Houston, Park Central - click to read
  • Showhomes to be released for sale at Park Central this weekend - click to read
  • FirstBuy proves popular at Park Central - click to read
  • Young professionals invest at Park Central - click to read
  • First time buyers invest in Park Central apartments - click to read
  • 'Just turn up' at Park Central this weekend - click to read
  • 'Rent-a-room' on the rise at Park Central, Birmingham - click to read
  • House Hunters flag down Park Central Texi Cab. - click to read
  • 1,000th home sold at Park Central - click to read
  • Crest Nicholson launches evening house buying - click to read
  • Park Central team members scoop national awards - click to read
  • Park Central team members nominated for national award - click to read
  • Green light granted for final phase of Park Central - click to read
  • Show homes launched at Lower Parkside - click to read
  • Crest Nicholson unveils plans for final phase of Park Central - click to read
  • Bring the inside outside this summer - click to read
  • 1,000th home completed at Park Central - click to read
  • Crest Nicholson tops customer satisfaction survey - click to read
  • Outstanding first quarter at Park Central - click to read
  • New Sales Manager for Park Central - click to read
  • Investor interest in Park Central confirms rental popularity rise - click to read
  • An EasyBuy for Adam at Park Central - click to read
  • Strong sales continue at Park Central - click to read
  • Strong start to 2011 at Park Central - click to read
  • First showhome at Lower Parkside, Park Central - click to read
  • Last chance for HomeBuy Direct - click to read
  • A positive start to 2011 for Park Central purchasers - click to read
  • Now is the time for Birmingham homebuyers to be part of the Park Central success story - click to read
  • Birmingham homebuyers give Park Central vote of confidence - click to read
  • Support for Birmingham homebuyers at Park Central - click to read
  • Preview a new style of city centre living at Park Central - click to read
  • Crest receives ultimate vote of confidence from its customers - click to read
  • First new homes unveiled at £15 million Lower Parkside phase, Park Central Birmingham - click to read
  • City centre lifestyle continues to score with Birmingham's first time buyers - click to read
  • Beat the landlord at Park Central Birmingham! - click to read
  • Homebuyers snap up Liberty apartments and seal Park Central success in Birmingham - click to read
  • Plans for £15 million of new city centre homes come to life at Park Central Birmingham - click to read
  • Open house at Park Central in Birmingham for buyers looking to get on property ladder - click to read
  • City centre lifestyle tempts Birmingham’s young professionals at Park Central - click to read
  • Stylish new apartments released to City Centre Homebuyers at Park Central Birmingham - click to read
  • First time buyers vote with their feet at Park Central Birmingham - click to read
  • Double award win for Midlands Park Central developer at Housebuilding Innovation Awards 2009 - click to read
  • HomeBuy Direct Scores with First Time Buyers at Park Central - click to read
  • Advice on hand for First Time Buyers at Park Central Birmingham - click to read
  • Seasonal Goodwill Spells Success for Christmas Charity Campaign - click to read
  • Search the site

    News Article
    Search



    Faces behind
    the business

    Nick Beham

    Nick Behan



    PressVine
    The Maynard Hotel
    Incentive & Motivation
    Klick Solutions Media
    Gourmet life

    Need a Service?

    Search our Midlands
    Business Directory