High end property sales defy market trend in Sheffield

cash house UKA high-end Sheffield property development has become the latest to defy market trends in selling several homes worth a total of £3.5 million ($5.1 million) in a fortnight. The Sheffield Telegraph reports the city’s Braemore development is attracting a “stream” of potential property buyers.

Metropolitan Homes launched the scheme just over two weeks ago and the site has attracted considerable interest since.

According to the paper, prices in the apartment scheme start at £299,950 ($441,290) and go all the way up to a selection of four luxury penthouses.

Quoted by the Telegraph, Metropolitan Homes managing director Martin Flowers said: “There’s always a market for quality and we have been confident that our apartments would sell.
“However, we’re delighted to be in this position after just a fortnight – the feedback from viewers has been fantastic.”

The paper adds the sales to date equate to one two-bedroom apartment, four three-bedroom homes and three penthouses.

All property in the scheme also gets allocated underground parking and a lift from the car park goes straight to all floors in the development.

The scheme joins a number of new UK property projects which have seen a spike in interest in recent weeks after some British lenders upped mortgage approvals.

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