Stability provides ideal market for those looking to buy
Conditions to buy a property at Bristol’s premier waterside development have never been more favourable.
That’s the view according to the sales team at Crest Nicholson’s Harbourside development who believe that as interest rates are pinned at an all time low and the prospect for them to remain that way for the foreseeable future looks likely, means buying a property at the award-winning development has never been so good.
It’s not just the prospect of stability with interest rates that makes it essential for potential buyers to move quickly but the fact that there are now only 10 properties left to sell!
These final properties are located in the Beacon House phase which forms part of The Crescent, the sweeping arc that has not only proved hugely popular with a range of house hunters but helped transform what was a derelict eyesore into a thriving community where people now live, work and enjoy their leisure time.
And while the combination of a waterside location, high-quality finish of the apartments and proximity to the city centre have been major factors in attracting discerning home-buyers, for many, the ‘oversized’ nature of the properties means people are being hard pushed to find anything comparable in terms of size across the whole of the city.
Add in the prospect of low interest rates means a winning combination for those wanting to live in the vibrant centre of the West’s biggest city.
Susan Young, sales and marketing director at Crest Nicholson said: “Those looking to buy will probably never have such a good opportunity to do so while interest rates are so low. The prospect of stability with interest rates also acts to reassure buyers.
“Those lucky enough to have bought at Harbourside are now the envy of many who want to live not only close to the city centre but next to the water. The development has undeniably helped lift the area from a derelict wasteland into a thriving community of shops, bars, restaurants and of course places to live.”
A predicted drop in the number of new build developments in the city by property agents Savills should also act to prompt buyers into action, particularly those with a preference for new.
Savills’ report also highlights a return to positive house price growth with Bristol expected to lead house price recovery in the region which is anticipated to hit 21.5% between 2011 and 2015 so those who get in now will be at the forefront of the property recovery in the city.
The development’s importance was also recognised by Commission for Architecture and the Built Environment (CABE), the Government’s advisor on architecture, urban space and public space and the Home Builders Federation (HBF) which gave the development a Building for Life gold standard.
Prices currently start from £249,950.
For further information, visit harbourside.co.uk. The marketing suite on Cathedral Walk is open daily from 10 am to 5pm.
