New development attracts parents of university bound children

Kingsbrook Park, Berkeley Homes (Kent) Ltd’s latest development in Canterbury, is proving to be a hit with parents wanting to buy for their university-bound children. The development of 264 apartments and townhouses is within walking distance of Canterbury Christ Church University - a renowned centre of educational excellence with a student population of over 15,000.

Located on the corner of Kingsmead Road and Broad Oak Road, bordered by the River Stour on three sides and with views of Canterbury Cathedral, Kingsbrook Park enjoys traditional exteriors inspired by the local Kentish vernacular and modern internal accommodation with a superior specification. Visit kingsbrookpark.co.uk to find out more.

Particularly suitable for parents buying for their undergraduate children are the one and two-bedroom apartments, which are priced from £175,000 for one bedroom and from £200,000 for two bedrooms. The apartments are ready to move in to, with fitted contemporary-style kitchens, fully integrated appliances and low maintenance fitted bathrooms. Security, which is an important factor for parents, is provided in the shape of audio door entry, multi-point locking front entrance doors with spy-hole viewer, and multi-point locking windows and casement doors.

On the surface it looks like there is a growing band of parents who want to ensure their children live in a superior quality property built by an award-winning developer while studying, rather than leave their children to find humble digs. However, results from the Office for National Statistics’ (ONS) Wealth and Assets Survey revealed that 60% of those questioned thought that investing in property was the best way to save for retirement.

The same survey also highlighted that 8% of respondents owned property other than the family home, with the likelihood of owning a second home rising with age. In fact, men aged between 55 and 64 where the most likely to own a second home - also the perfect age for a man to have university-bound children.

Piers Clanford, Managing Director at Berkeley Homes (Kent) Ltd, comments: “Canterbury has two international universities but the city is also immensely popular with house buyers. Kingsbrook Park offers a range of stunning apartments as well as new houses, which are scarcely built in the city. Parents buying for their children at Kingsbrook Park are aware that they are making a good long-term investment while also providing their children with a comfortable place to stay. They can choose to keep hold of their property once their child has graduated and enjoy the continued growth of Canterbury.”

Prices for the three and four-bedroom townhouses that are also available at Kingsbrook Park, start from £320,000. The Kingsbrook Park Sales and Marketing Suite, and the two show homes, are open seven days a week from 10am until 6pm. For further information, visit Berkeleyhomes.co.uk.