SE11 development sells out despite market slow down

Bucking the slow trend in the current property market, Gladedale’s K-Point development in Kennington has sold out in less than nine months. The award-winning developer sold the majority of the luxury apartments off plan, making this collection of 28, one and two bedroom apartments one of the most popular developments within Gladedale Home Counties portfolio.

Boasting a superior location just two miles from London city centre, it’s clear that location is still the key factor for buyers in the London area and why K-Point has proved such a successful development for Gladedale.

Vicki Noon, sales and marketing director at Gladedale Home Counties, said:

“K-Point has been a tremendous development for Gladedale and we are delighted that it has been snapped up so quickly.

“Most of the apartments were bought off plan by people who recognised the quality and value for money in such a prime location.”

Sid Griffiths of selling agents, Barnard Marcus, said:

“We were very pleased with the extent of the interest we received in the K-Point development and it comes as no surprise that it has sold out so quickly.

“With its innovative design and contemporary finish, the development certainly appealed to our market and its position next to Kennington Park offered a unique opportunity to have open green views in what is other wise a urban central London location.”