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13 February 2008
Despite fears of a downturn in the property market, some experienced property investors are undeterred. Countryside Annington (Colchester) Ltd, a joint venture partnership between Countryside Properties and Annington, has recently sold a whole apartment building of 16 flats at Fortuna Park in Colchester to a single investor who is confident that now is the time to seize opportunities for long term capital gains.
Chris Crook, Subsidiary Managing Director of Countryside Properties, comments: “The purchase of this apartment building and several apartments from our first phase at Fortuna Park demonstrates that this is the best selling development in Colchester and that even in a tough market, experienced investors are still willing to buy into the right property. The quality schemes available, the location and the excellent pricing structure, represent an attractive offer to the investment community. Experienced investors are able to foresee a market upturn in the future and they want to invest capital into reliable property stock that will give them a return on their money in the long term.”
Fortuna Park is an attractive development and offers a diverse range of two, three and four bedroom houses and apartments. The properties are generously proportioned, built to high standards and all have a garage, carport or an allocated parking space. Set in quiet cul-de-sacs, exteriors are a visually appealing combination of red and yellow brick, oatmeal render, varying rooflines and weatherboarding.
The interiors at Fortuna Park have been designed to a high, contemporary specification, with stylish features such as stainless steel kitchen appliances and sleek contemporary bathrooms. The properties offer a comfortable living space with modern amenities and have been designed to enhance the surrounding natural and built environment.
Colchester is Britain’s oldest recorded town with a history dating back to Roman Times. The town offers a diverse range of high street and boutique shops as well as lively bars and restaurants. Ideally placed for commuters, travel times from Colchester are approximately 22* minutes to Ipswich and Chelmsford and 55* minutes to London Liverpool Street by train. The A12 and M25 are also easily accessible, providing fast links to Chelmsford, Braintree and Ipswich.
For further information contact the marketing suite on telephone: 01206 549 760 or visit: www.fortunapark.net
* www.thetrainline.com
ENDS
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