Crest Nicholson gets off to flying start at The Academy

2009 got off to a flying start at The Academy, Crest Nicholson’s stunning new residential development situated in the heart of bustling Kilburn, NW6. Despite the turbulent economic climate and reports of a downturn in the property market, since the New Year The Academy has experienced a significant increase in visitor numbers and sales have seen a steady start.

In fact, The Academy has been a real success story amidst the doom and gloom proving that a high quality home, in a great location will always be in demand. It launched in early 2008 during the height of the credit crunch. However sales rates at the development have remained consistent despite the reported onset of global recession.

Pippa Bugby, Sales and Marketing Director at Crest Nicholson (South) Ltd. commented: “The number of visitors coming through the door at The Academy and our other sites throughout the region since the New Year shows that despite all the negativity surrounding the property market there are plenty of people still looking to buy a new home. The Academy stands out from the crowd in terms of new homes; it is a fantastic development in a really good location and we have seen a consistent level of interest and sales – an unprecedented achievement given the current economic conditions and restricted access to mortgages.”

It is clear to see why The Academy is proving so popular with purchasers; a unique development, it comprises a range of 63 luxurious one and two bedroom apartments and duplexes within a beautifully refurbished Edwardian college building as well as two adjacent high specification new buildings .

Crest Nicholson will imminently be introducing HomeBuy Direct to The Academy for a limited time on a select number of homes. HomeBuy Direct is a government initiative designed to help first-time buyers get on to the property ladder by making a new home more affordable. The scheme takes the form of two equity loans, one from the Government and one from Crest Nicholson and the remaining value of the property is funded by the purchaser through a mortgage. These loans are interest free for the first five years and can either be repaid when purchasers sell their property (repaying the percentage value at market value), alternatively they can choose to repay the loans sooner (known as staircasing) after the initial twelve months.

For the style conscious there is now even more reason to buy a new home at The Academy; purchasers who reserve a home before 28th February will also receive a bespoke interior design package to help them enhance their stylish new property. In addition, Crest Nicholson will pay the Stamp Duty on all properties reserved before the deadline.

All interiors at The Academy are spacious and modern and benefit from an open-plan layout. The homes within the new buildings are fresh and sleek, whilst the properties within the converted building cleverly combine up to the minute style with the retained original, architectural detailing.

All properties are finished to the high standard associated with the Crest Nicholson brand. Homes feature stainless steel Bosch appliances in the kitchen and, in the bathrooms, white sanitaryware by Roca with chrome Hansgrohe mixer taps and fittings. The Academy will also benefit from secure parking.

The Academy is well connected for transport links into central London with both Kilburn and Queens Park Underground stations, in Zone 2, only a short stroll away. Brondesbury National Rail station and additional bus services also offer fast routes around the capital.

Prices at The Academy start from £249,950 for a one bedroom apartment. For further information, log on to Crestnicholson.com/theacademy.