Londoner leaps onto the property ladder with a lift from Fortuna Park

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Getting onto the property ladder is an unreachable dream for the majority of wannabe first time buyers because of rocketing house prices. However, 22 year old Pratik Shah, a Graduate Management Trainee from South West London, was determined to turn his dream into a reality and get his foot firmly onto the property ladder.

“I thought that buy-to-let would be a good investment” says Pratik. “I had returned home to live with my parents after university to save up for a while, but in London I could only have bought a shoebox. I then heard about Fortuna Park in Colchester, where I could afford a two bedroom house with a garage and garden, and, more importantly, an ideal place to invest.”

Fortuna Park, a new joint venture by Countryside Properties and Annington Homes comprises of 196 homes with one and two bedroom apartments and a selection of houses ranging from two to five bedrooms. Prices start at £172,950 for a two bedroom maisonette.

“It is a fail safe way to get on the property ladder” explains Pratik, “I have bought one of the show homes at Fortuna Park and have leased it back to the developer so that they can continue to use it as a show home, keeping it spotlessly clean and maintained to the highest standards. The rent is guaranteed whilst Countryside Annington (Colchester) Ltd continues to build further phases at Fortuna Park. They are the perfect tenant!”

Colchester and the surrounding area is becoming more and more popular with buyers priced out of the London property market. Served by excellent road and public transport links, the development of Fortuna Park is ideally situated for commuters. From Colchester railway station, London Liverpool Street can be reached in under an hour.

“I am a Londoner through and through, but the more I visit my property, the more I fall in love with it” says Pratik. “I am not ready to move out of London yet, so the ‘sale and lease back’ arrangement is perfect for me.  Colchester is a lovely area and London is just a short hop away.”

The properties at Fortuna Park boast a contemporary specification, with features such as Paula Rosa kitchens with stainless steel appliances and sleek contemporary bathrooms.

Says Pratik, “All the bills are paid for and the rent not only covers the mortgage, but gives me enough to start saving towards my next property. All in all it couldn’t be a better investment.”

Fortuna Park offers modern living solutions with the benefit of beautiful countryside right on the doorstep. The second phase will be released for sale in April 2007. For further details, telephone the Sales and Marketing Suite on 01206 549 760 or visit www.fortunapark.co.uk

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Issued on behalf of Countryside Properties by Trimedia Harrison Cowley

Media Contacts: Joanna Bentley/ Lambert on 020 7404 6777 or email Joanna.bentley@trimediahc.com

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