Hull homes selling like hotcakes

18 July 2017

Savvy Hull homebuyers have already snapped up more than a third of the new homes at Alexandra Gardens on Southcoates Lane – part of the major £0.5bn Hull City Wide Regeneration project.

Keepmoat Homes has confirmed 62 of the 162 new homes have been sold; while four residents have already moved in, despite no presence of a show home. To date Keepmoat Homes has exchanged 35 affordable homes with Hull City Council and have reserved a further 23 homes for sale. The firm – who started on site in December 2016 – officially launched the three bedroom Bamburgh show home to the public this week, and is confident this will only serve to propel further interest in the development.

The wider Hull City Wide partnership is made of up Hull City Council, Keepmoat Homes, Keepmoat Regeneration, Strata Homes, Home Group and Priority Space. The consortium will deliver 4,000 new homes across the city over the next 13 years.

Chris Penn, Operations Director for Keepmoat Homes (Yorkshire East) describes how the phenomenal success at Alexandra Gardens is testament to the consortium’s belief that there is a need for investment and improved infrastructure in the area.

He said:

"The rate at which we are selling homes proves the demand is there for better housing solutions in Hull. This availability of Help to Buy and EasyMove has also been instrumental in attracting interest. Ordinarily, we witness a major influx in sales and reservations once we launch a show home, but I’d question whether we even needed one at Alexandra Gardens. Prospective buyers can see the quality and affordability of our product, but also the lifestyle on offer and this has made selling the properties an easy feat. More importantly, the vast majority of purchasers thus far, have been first time buyers – and this is absolutely our target market.”

Cllr John Black, Portfolio Holder for Housing at Hull City Council said:

“New housing like Alexandra Gardens, built to such a top class specification and quality workmanship, is changing the face of the neighbourhood, and the city as a whole. Local people are benefiting from a choice of homes for sale or rent, and thanks to the commitment of our partners to use a local workforce, have the opportunity for on-site training and jobs too.”

Alexandra Gardens is open Thursday to Monday – 10am to 5pm.

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