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Preston Park offers a unique opportunity to benefit from a luxury development

3rd April 2017 Print

The Preston Park development is set to take advantage of the demand for high-end family homes in the Brighton area, with its famous local attractions and excellent commuter links to London and beyond.

Perfectly located in Brighton’s highly-desirable “Golden Triangle”

The Preston Park and Fiveways area is known locally as the golden triangle as it has the three key attractions sought by most purchasers of family homes namely high-quality housing, a pleasant environment (in particular Preston Park itself and of course, easy access to Brighton beach) and good schools. The Preston Park development in Brighton takes the quality of housing to a new level by developing an exclusive, gated community of luxury homes in this outstanding area.  In addition to being visually in keeping with the local area, Preston Park will also address the sort of concerns to be expected from buyers looking for this kind of high-end property.  In particular, the homes will be built to a high environmental standard and will also incorporate “smart” technology, taking full advantage of the opportunities offered by networked and connected homes.  Of course, traditional sales points such as high end fixtures and fittings will also be of the expected quality.

Perfect for digital workers and London commuters

Although it has long been valued as an attractive base for London commuters, over recent years Brighton has become something of a mini tech hub with Brighton’s beach, parks and many cafés being filled with digital workers when the weather is fine. In addition to Brighton having access to superfast broadband, its position near London makes it a convenient choice for those who need to make the odd, or even regular, trip to the capital. 

Preston Park’s location is exceptionally favourable in this regard since it is situated within walking distance of no less than three railway stations: Preston Park, London Road and Brighton. This means that in addition to quick connections to central London, Gatwick airport is also easily accessible, bypassing the need to go into the big city at all.  Since the Preston Park development is intended for family homes, it is reassuring to know that the local primary has a good track record with Ofsted inspections. The latest inspection was in March 2014 and the school was rated as “good” across all areas. There is also an excellent range of practical facilities and leisure amenities in Brighton with plenty on offer in the near vicinity of Preston Park itself.

An outstanding opportunity for investors

With only three properties available and completion estimated for Q2 2017 there is a very brief window of opportunity for investors to benefit from off-plan prices. The houses are individually sized at 1,900 square feet, 2,700 square feet and 3,300 square feet and the off-plan prices are £1.05M, £1.4M and £1.35M respectively.  Upon completion, it is anticipated that the value of these properties will rise by between £300K and £500K.  Investors can secure the property of their choice with a deposit of just 10% with the balance only becoming due upon completion.  Investors then have the option of living in the property themselves, selling it immediately or taking advantage of Brighton’s thriving rental market.

For more information on Preston Park, please contact Hopwood House.