Strong sales at Parkwest

St George is pleased to announce excellent sales results for its latest development, Parkwest, which is based in the commuter location of West Drayton, just 2 miles north of Heathrow Airport and 1 mile from Stockley Park Business Centre.

All the apartments in the first phase are sold and fully occupied and the second phase, The Lexington and Kensington Apartments, is already over 75% sold. With registrations now being taken for the next release, The Jefferson Apartments, the prospects look very healthy for buyers at Parkwest.

In addition to the traditional 1, 2 and 3 bedroom apartments, St George has introduced two new types of apartments to the market which have proved to be a real success with homeowners looking for a unique feature to their apartment. The Manhattan Apartment is bespoke to St George and gives purchasers the opportunity to create their own flexible and spacious living accommodation with the addition of an opaque sliding partition between the bedroom and the lounge.

The Duet Apartment is the perfect home for sharing. One apartment, with two identical size bedrooms, both with en suite bathrooms. No longer will there be an argument over who gets the biggest room as both bedrooms are the same size; an ideal option for investors, owner occupiers who wish to rent out a bedroom or indeed the growing market of joint mortgage buyers.

It is not just the apartments themselves that make Parkwest an attractive option for buyers. Residents at the development can take full advantage of a 24 hour concierge service, private landscaped gardens, on site parking, a private fitness suite, free membership to the on site car club as well as a voucher for sustainable travel allowing them to purchase their own mountain bike.

Ian Dobie Managing Director of St George West London commented, “It is extremely encouraging to see a consistent demand for quality new build homes, despite what many people may read or hear in the media. Prices in the London Borough of Hillingdon where Parkwest is located, rose by 11.8% last year and rental yields have pushed beyond the 5% gross mark which, when you consider prime central London currently averages around 3.5%-4.5% is fantastic.

“I think many purchasers are starting to look past the bricks and mortar and more at what else it has to offer; and Parkwest, with its superb location and amenities such as the concierge, gym and car club, is proving to be a big hit with investors and owner occupiers alike.”

The M4 and M25 are just a couple of miles away from Parkwest, as is Heathrow -The World’s Busiest Airport with Terminal 5 now open. Stockley Park, Europe’s largest commercial centre, which houses companies such as Apple UK, BT, Cisco, Marks and Spencer, Sharp and Hasbro is only a few minutes away and benefits from a Virgin Active Gym and an 18 hole golf course. West Drayton Station has direct links to London with trains to Paddington going every half-hour and taking approximately 22 mins.

The recent news that Crossrail has been given the go ahead by the Government means that commuters from Parkwest will also be able to get direct connections to Bond Street, Tottenham Court Road and Liverpool Street in the future. For students, the world famous Brunel University is located only a few miles away and provides opportunities for thousands of undergraduates from all over the world each year.

For First Time Buyers, St George also offers the Government backed First-Time Buyers’ Initiative which is run by the national regeneration agency English Partnerships and is designed to make more new homes available to qualifying first-time buyers and key workers. The FTBI enables aspiring first-time buyers who cannot otherwise afford to buy a home outright, to purchase a new home through an affordable mortgage with assistance from English Partnerships. Prices on the FTBI scheme can be from as little as £97,450* with nothing to pay on the Government’s share for the first 3 years.

Prices for a Manhattan Apartment start from just £194,950* and The Duet Apartments start at just £264,950*. For further information visit the website at Park-west.co.uk.

* Terms and conditions apply.