Blue launch results in record 50% reservations off-plan

Almost fifty per cent of the apartments available at Blue, a new development in Islington, London, N1, have been reserved off-plan.

Thirteen properties were snapped up when fifteen people came to the launch at the Chesterton New Homes office on Upper Street, Islington.

Chesterton is delighted with the huge success of Blue which was targeted at registered applicants only as the development has not yet been advertised.

Most of the thirteen reservations taken were for one-bedroom apartments, snapped up by first-time buyers who were, on average, under 30 years old.

Conrad Mazen, Chesterton New Homes Director, comments: “We are delighted at how successful Blue has been with such a large number of reservations taken during what is normally a quiet holiday period. We were pleased with the number of visitors who came along last Thursday demonstrating the strength of demand in this market for a quality development in an extremely popular location.”

Blue is a contemporary and stylish development of just twenty-eight superb quality one and two-bedroom apartments situated in Islington - designed by Grafik Architecture and developed by Inspace - one of the most exciting, influential and trendsetting areas of the capital today.

As well as brand-new interiors with modern designs, purchasers at Blue will be able to enjoy a communal landscaped garden area and a 12 months-free car club membership which is being provided for each apartment as there is no off-street parking.

The remaining 12 one-bedroom (460 sq ft) apartments are available from £270,000 leasehold, and the remaining 3 two-bedroom (650 sq ft) apartments are available from £310,000 leasehold.

For more information on Chesterton New Homes, visit chesterton.co.uk.