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PHASE one and two of the award-winning Millwood Designer Homes development at St Augustine’s Park in Westgate is sold and the third phase is selling fast.
Interest in the area is rising as homeowners, particularly those keen to downsize in the face of the credit crunch, are taking the chance to live in a coastal setting with good transport links and facilities.
Investment in the district is a key platform of the district council’s regeneration drive, as it strives to make it an attractive base for young professionals and families.
Recent research has shown that coastal properties on average achieve higher values than equivalent inland homes, as one local estate agent said: “If you are buying a home with the intention of staying for between three to five years, then prices are still higher than they were 18 months ago. The state of the market is not as bad as it has been reported. What we do know is that the best capital appreciation will be seen on only the best possible homes and in the best possible locations, which is something that Millwood Designer Homes and Westgate on Sea offer.”
St Augustine’s Park features a range of accommodation from one-bedroom apartments at £175,000 to three and four bedroom detached homes from £260,000.
For further information contact Millwood directly on 01732 770991 or visit the company website at www.mdh.uk.com.