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.