Staff at Barratt London are celebrating after enjoying remarkable sales success in the year just gone, showing that demand for new properties in the area remains strong despite the mixed national real estate picture.
The London based house builder secured reservations worth £139 million in the final six months of the year just ended, hitting its own internal targets. The outcome provides solid evidence that demand in the local housing market remains strong.
‘We are proud of our reputation for building high quality homes in great locations throughout the capital. This has enabled us to perform strongly despite the uncertainty about the wider economy at the moment,’ said Gary Patrick, sales director of Barratt London.
'It is clear that plenty of customers think now is a great time to take their next step on the property ladder. Prices are lower than they were in 2007 and interest rates are low too, which means rock bottom mortgage repayments,’ he explained.
‘What gives us the edge over other people selling homes is that we can provide customers with innovative financial incentives which enable them to get a mortgage, the key issue for anyone buying today.
‘It’s a great result for the last six months and speaks volumes about the talent and commitment of our team here in London. We’re hoping for continued success and many more satisfied customers in 2011,’ he added.
Homes currently available from Barratt include The Park House in Acton, which offers one and two bedroom apartments in a five storey building overlooking Springfield Gardens.
Due for completion in May/June 2011, prices start from £252,000 for a one bedroom apartment and from £328,000 for a two bedroom apartment. One bedroom apartments measure up to 518 square feet and two bedrooms range from 653 square feet up to 777 square feet.
Combining classic and contemporary architecture, the brick façade of The Park House is offset by striking glass and steel balconies. The modern interiors of the apartments include open-plan living areas and fully-fitted kitchens, complete with integrated appliances. Larger properties have en-suite shower rooms, as well as a family bathroom.
All apartments have a balcony, many of which overlook the park and landscaped gardens. The private residents' only roof terrace above the fifth floor overlooks Springfield Gardens.
Home to more stations than any other area of London, transport links in Acton are excellent. Both Acton Central (London Overground) and Acton Main Line (National Rail) are both about 10 minutes from The Park House.
From Acton Central, which has been modernised as part of the £326m project to upgrade the London Overground network, there are regular services westbound to Richmond and eastbound towards Stratford. From Acton Main Line, trains take a little as seven minutes to London Paddington and, with plans for Crossrail trains to stop at the station, transport connections will be further improved.
The development is also within walking distance of a number of London Underground stations, the nearest being West Acton, from which Central line trains take under 25 minutes into central London.
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