New apartment phase released in Birmingham city centre
FIFTY-six apartments have been released for sale following buoyant sales at a Birmingham city centre development.
Crest Nicholson made the decision to release the Liberty phase at Park Central, off Holloway Head, because first-time buyers were returning to the property market.
Jo Parker, sales manager at Park Central, said introducing government assistance schemes to help would-be home owners helped the firm to maintain sales.
“There is no denying the property industry has been experiencing challenging times,” she said.
“By responding so swiftly in this way, and by understanding our target market and providing quality new homes, we have maintained a strong flow of sales – particularly among first time buyers.”
The new collection of apartments ranges in size from 437 sq ft to 1032 sq ft and feature individually-designed kitchens and high-end bathroom fittings.
“Indications show that first time buyers are returning to the market and demand seems likely to continue to rise as nationwide, new housing stock is limited,” said Ms Parker.
A selection of one-bedroom apartments is available at Park Central priced from £90,000, or £63,000 using HomeBuy Direct. Two-bedroom apartments are available from £146,500 or £102,550 with HomeBuy Direct.
HomeBuy Direct is available at Park Central for eligible purchasers earning under £60,000. Buyers taking advantage of Homebuy pay for 70 per cent of the property while effectively owning 100 per cent, as the Government and Crest Nicholson cover up to 15 per cent each or 30 per cent in total of the property price with a loan.
Park Central is the result of an innovative partnership between Crest Nicholson and joint landowners Birmingham City Council and Optima Community Association. The marketing suite is open daily from 10am to 5pm and is located at Park Central, 2 Mason Way, Birmingham B15 2EY. www.parkcentral.co.uk .
