Buyers spring into action to snap up Farnborough apartments
Eager buyers are snapping up new apartments in Farnborough at a rate of knots with a dozen sales secured in just four weeks and several people vying to purchase each property as it’s released for sale.
Apartments at Redrow’s hugely popular Farnborough Central development are attracting a mix of buy to let investors and owner -occupiers. The success of the apartments is attributed to a winning combination of the location – there’s a wealth of amenities on the doorstep – strong transport links and the high specification offered as standard.
Julie Davies, sales manager for Redrow Homes (Southern Counties), said: “Apartment living used to conjure up images of young people buying their first home and perhaps sharing with a friend, but we’re happy to say that’s no longer the case. We have a diverse customer profile at Farnborough Central including first time buyers and buy to let investors along with downsizers, professionals and people making a fresh start after a change of circumstance.
“They all recognise the benefits of owning a brand new apartment that’s easy to manage, efficient to run and unlike older properties won’t need lots of costly repairs or maintenance. Plus with so much included in our standard specification, it’s no surprise that the apartments continue to be popular.
“There’s a real sense of urgency amongst buyers as Wessex Court is our final phase at Farnborough Central and are people don’t want to miss out. In just four weeks we sold 12 apartments and have several people interested in properties that are yet to be released for sale.”
Current availability at Farnborough Central includes two-bedroom apartments priced from £223,950
Help to Buy equity loans are available, which means owner-occupiers could reduce the initial cost by up to 20% to £179,160. The remaining share is covered by the equity loan, which is interest free for five years.
To maximise the potential of the space available apartments enjoy convivial open plan layouts with combined kitchen, dining room and lounge. The master bedroom benefits from an en-suite, which means sole occupants could utilise the main bathroom as a guest bathroom. Alternatively couples or friends buying together could effectively have a bathroom each.
Located off Fowler Avenue, close to Farnborough town centre, development was highly commended in the 2013 UK Property Awards.
The apartments are ideally situated with a wealth of amenities nearby at IQ Farnborough, including a cafe, crèche, four-star hotel and leisure complex. Just two miles away Farnborough Central train station, offers journey times to London of around 45 minutes, making this a great base for commuters.
To find out more about the apartments at Farnborough Central, visit the development, open daily from 10am to 5.3opm. Alternatively, see redrow.co.uk/farnborough.
