New development ticks all the right boxes for first-time buyers

In this current difficult economic climate, with much media speculation about what effect the credit crunch will have on the property market, first-time buyers are becoming more insistent that two factors are absolutely right before purchasing a new home – price and location.

NORTHPO1NT, a development by joint venture partners Inspace Homes and Your Lifespace, is offering homes which meet these critical criteria for these ever-discerning first time buyers - an excellent price in a great location.

With a starting price of only £189,950, NORTHPO1NT in Islington shows that one of London's most established and desirable locations can still offer good value homes for first-time buyers. The development offers a selection of contemporary studios, and one and two bedroom apartments. The 32 apartments are set within a five-storey building designed by Grafik Architecture. Appealing to young professional first-time buyers, the open-plan apartments range in size from 380 sq ft for a studio apartment and rise to 586 sq ft for a two bedroom apartment.

Located in the trendy and highly desirable N1 postcode, NORTHPO1NT on Essex Road is close to everything that Islington has to offer. With over 150 local restaurants, cafés, gastro pubs, bars and night clubs- there are no shortage of places for dining or entertainment. For those who love to shop, there are several unique street markets including Chapel Market and Exmouth Market, as well as the many fashionable boutiques along nearby Upper Street. Chapel Market specialises in good value fruit and vegetable stalls as well as bargain household goods and clothes.

Exmouth Market has a wide range of fashion and lifestyle boutiques, designer furniture, health and beauty specialists and unique gift shops. Every Friday and Saturday, Exmouth Market comes alive as a vibrant food market with an eclectic mix of producers, farmers and local artisans selling their goods. On Sundays there is the Islington Farmers' Market offering fresh and organic produce. Nearby Camden Passage is also a perfect place for antiques and books.

For those that like their activities and relaxing within green spaces, minutes away is Canonbury Square Gardens with its baby vineyard and rose gardens. Only slightly further away are the 29 acres of Highbury Fields with its lush parkland complete with recreational facilities including tennis courts and the recently refurbished Highbury Pool.

The apartments at NORTHPO1NT have been individually designed to offer light, spacious interiors with designer finishes and fixtures. They feature fully fitted kitchens from Pepper, which come complete with a full range of integrated appliances including an AEG stainless steel oven, hob and extractor hood. There are also Porcelanosa bathroom suites, chrome fixtures and fittings - including an electric heated towel rail and ceramic wall and floor tiling. Most apartments are also equipped with the environmentally beneficial heating of water through solar panels.

NORTHPO1NT's further location benefits include easy access into the City and the West End through the Angel Underground station on the Northern line or Highbury and Islington station on the Victoria line. Canonbury and Essex Road railway stations are also located close by with services travelling westbound to Richmond and eastbound to Stratford from Canonbury station. Essex Road station provides services southbound to Moorgate and northeast towards Cambridge and Stevenage. For those who might want a break from public transportation, all purchasers will automatically receive 12 months free membership to the car club scheme running at the development.

Sue Gresswell, Sales and Marketing Director at Inspace Homes, comments: "In this difficult economic climate, buyers want to be reassured that they are purchasing a stylish and comfortable home that is also a good investment. With its enviable location, high specification and good value prices, buying an apartment at NORTHPO1NT is an excellent bet, particularly for first time buyers."

Prices start from £189,950 for a studio apartment. For further sales information log on to inspacehomes.co.uk.