Elevate Property Group, developers of the new residential-led mixed use site at Victoria Point in Ashford, report that demand for the 216 apartments in the £55 million development is already proving strong. To date 25 per cent of the apartments in the scheme have already been reserved or exchanged, ahead of the official launch of Victoria Point which is not scheduled until late June/ early July.
Tom Bryant, Head of Residential Development Sales for the South East Region at selling agents Savills, said, “Victoria Point has been an exciting addition to Ashford town centre. The new apartment market in the town centre is still in its infancy and Victoria Point’s timing of delivery and proximity to the station makes this an extremely exciting proposition for both owner occupiers and investors.
We have seen a strong mix of owner profiles at Victoria Point, pied-a-terre buyers, downsizers as well as young professionals.
“We have seen a strong mix of owner occupier profiles at Victoria Point from pied-de-terre buyers, downsizers and young professionals. Now, with Help to Buy confirmed, and as we move closer towards completion next year, we expect Victoria Point to increase in popularity with the younger demographic.
“We had a preview of a show home in March which was well received and we will be looking to officially launch the marketing suite and new show home when hoarding is struck in a few weeks’ time”.
The development includes a selection of studios, one, two and three bedroom apartments with prices currently ranging from £142,500 to £375,000.