High Quality Apartments Launch For Under £100k

Sept. 16, 2009 - PRLog -- Although house prices have fallen by an average of 20% since their 2007 peak, affordability remains an issue for many buyers. With average flat prices at £199,669*, they are still out of reach.  However, Welland Quarter, a stylish scheme of 69 studio, one and two bedroom apartments could provide the perfect opportunity for first time buyers. Entry level prices are an astonishing £99,950, yet the scheme is in the town centre of picturesque Market Harborough, Leicestershire, approximately an hour by train from London St Pancras.

Built by St Mary’s Developments, a subsidiary of renowned London developer, BMB Property, Welland Quarter is a contemporary riverside scheme offering a superb range of high quality homes with all the sophistication of London living, at a fraction of the price.

Paul Vesty, Project Director of St Mary’s Developments, says: “Even though prices have fallen since their 2007 peak, first time buyers around London are finding it increasingly difficult to buy, particularly with lending criteria so strict. Prices are simply out of reach for many buyers - if you try to search online for a property under £100,000, there is nothing available, except shared ownership schemes. Welland Quarter offers a great choice of stylish, contemporary apartments, situated adjacent to the beautiful Georgian town centre. With St Pancras just an hour away, these stylish apartments are ideal for commuters priced out of London and the south east.”

Market Harborough is a picturesque market town offering a superior lifestyle, with a range of shops, restaurants, bars and leisure facilities. Indeed, a recent ‘Quality of Life’ survey undertaken by the Halifax found that Market Harborough has the best quality of life outside the south of England.

Welland Quarter is ideally situated within walking distance of the town centre, adjacent to the river and new Millennium Mile walkway extension and close to the mainline railway station, which provides regular direct services to St Pancras International in approximately an hour. Leicester and the new Highcross Shopping Centre which houses the second largest John Lewis in the UK, is just 12 minutes away by train.

The development enjoys landscaped, communal gardens running down to the river, creating a relaxed and peaceful setting.  The private underground parking is a first for the town and avoids the intrusion of resident’s cars into the attractive grounds; whilst offering 24 hour security and convenience.

Inside, purchasers can choose from a range of apartment designs, each slightly differing in size and layout. Studio apartments are designed to maximise space and include a balcony and open plan kitchen, whilst one bedroom apartments have light and airy entrance halls, large open plan kitchen / dining areas, and a spacious bedroom and bathroom.  The two bedroom apartments are cleverly designed so that the second bedroom doubles up as an extended living or study area. They also feature an innovative ‘Jack and Jill’ double entrance master en-suite with separate shower.  The larger two bedroom apartments also benefit from a guest shower room and sizeable ‘his and hers’ bathroom with walk-in shower.  The majority of apartments benefit from balconies or private terraces leading onto the landscaped gardens.

The high quality for which BMB Property has long been renowned is evident throughout the development.  Each apartment features premium fixtures and finishes with fully fitted kitchens including integrated Baumatic electric oven, hob and extractor hood, fridge / freezer and a washer / dryer in a separate utility cupboard.  Bathrooms are elegantly finished with stone ceramic wall and floor tiling, Villeroy & Boch sanitary ware, Hansgrohe fittings and energy efficient lighting, and hallways feature warm walnut veneer flooring.

Finishing touches include a communications infrastructure for Sky+, broadband and telephone services, as well as electronic access control. For safety, all apartments feature security and video entry systems, as well as a home sprinkler fire suppression system – all highly important for today’s property owner.

The first phase of apartments at Welland Quarter is due to launch to the public on 3rd October, with prices starting from £99,950 for a studio apartment. For further information or to register your interest, please call Andrew Granger & Co on Tel: 01858 431 315.

ENDS

Editor’s Notes
The Halifax Quality of Life index aims to quantify where living standards are highest in Great Britain by ranking local performance across a range of indicators, including the labour market, the housing market, the environment, education and health.

St Mary’s Developments is a subsidiary of BMB Property, one of the largest niche developers in the prime central London market, specialising in the purchase, development and resale of high-value residential property.  Founded in 1992, BMB has established a reputation for a unique and highly desirable product, and has bought, developed and sold in excess of £700 million worth of property, including landmark developments in Kensington, Chelsea, Mayfair, Notting Hill and Knightsbridge.

BMB is managed by a highly experienced team of in-house property professionals. The Group is run by a small team of Directors, all of whom are directly involved in the business and benefit from many years of successful activity; predominantly in the Prime Central London market. For further information, please visit: www.bmbproperty.com

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