Miller Homes secures £2.5 million in sales at Graysmill Gait

Award winning house builder, Miller Homes is confidently approaching the end of 2009 with sales in excess of £2.5m from its recently launched Graysmill Gait development.  Just over eight weeks since the company launched the luxury development in Edinburgh, its success underlines that there remains pent up demand for large quality homes within the capital.

Situated within the Craiglockhart suburb of Edinburgh, Graysmill Gait is an exclusive development of only 10 large detached properties, released from £750,000 upwards.   With three of the properties now sold, Miller Homes remains buoyant during a year that has undoubtedly been one of the toughest experienced within housing industry.

Anne Marie Britton, sales director for Miller Homes Scotland (Ltd), comments, “Despite the challenges of the last 18 months, there continues to remain a high level of demand for substantial family homes of quality in Edinburgh.  However, our experience at Graysmill Gait is not just confined to the capital, we have also noticed gathering momentum as several of our developments throughout September and October.

“There is movement in the market in terms of property sales and mortgage availability – therefore, a lot of serious buyers are realising that now is a very good time to buy.  Also, the Nationwide’s* recent report, which underlined that Scotland was the UK region with both the smallest annual price decline and the smallest overall decline over the last two years, puts the industry in a much stronger position than this time last year. That’s not to say that the start of 2010 won’t be without its obstacles, but there generally seems to be a feeling that we have turned a significant corner.”

The healthy reaction to Miller Homes’ latest development in the capital is echoed by Rettie & Co, Scotland's leading private estate agent.  Simon Rettie at Rettie & Co, says, "We've seen a gradual recovery since May of this year and there has been a slow and sustained improvement throughout the Summer and into the Autumn. The market has very much corrected itself from the peak of around two years ago and there are now active buyers looking for good quality, sensibly priced homes."

Situated off Redhall House Drive and close to The Water of Leith, Graysmill Gait offers a stunning choice of five-bedroom detached villas, each over three storeys and in three unique styles in the form of the Adam, the Lorimer and the Playfair.

The specification and finish are utterly faultless; while thoughtful details, such as a separate dressing area in the master-bedroom of the Adam and the bright gallery landing on the first floor of the Playfair, give each home a bespoke quality.  Also, by creating house types that span over three floors, Miller Homes has ensured that there is ample space for all the requirements of modern living – from excellent storage space to plenty of room for relaxation, entertaining or just simply enjoying the bustle of family life. 

The distinctiveness of the top floor of each property is another exclusive and appealing factor, as it provides buyers with the chance to put their own personal stamp on this space depending on what best suits their needs, whether it is to utilise it as a playroom, home cinema, games room, gym or studio.  Aside from this, Miller Homes’ experienced sales staff can offer buyers one-to-one consultations to assist them in putting the finishing touches to their home, whether it is choosing a state-of-the-art kitchen or finalising their home entertainment options.

Surrounded by mature trees and set within a peaceful and established neighbourhood, it is hard to believe Graysmill Gait is situated within the heart of Edinburgh. However, that only adds further to the development’s appeal, as buyers can enjoy both the tranquillity of the suburbs and the lifestyle appeal of the city centre.

In addition to the range of good local services and shops available in Craiglockart, residents at Graysmill Gait also have the advantage of being near some of the most respected private schools in the capital, including Merchiston Castle, George Heriot and George Watson’s College.

For further information on the remaining properties at Graysmil Gait, visit millerhomes.co.uk.