Stewart Milne Invests in Future of Arbroath as Work Begins on New Housing Project
Stewart Milne Homes has begun work on the first phase of its latest project - the new King’s Gate development in Arbroath.
[UKPRwire, Fri Oct 23 2009] Located just on the edge of town, spread over 12.4 acres, the new project will comprise 99 family homes in total. Despite the recent market challenges, this latest development demonstrates Stewart Milne Homes’ continuous commitment to investing in new projects and delivering quality housing to the market.
John Low, managing director of Stewart Milne Homes North Scotland, commented:
“The North East of Scotland has remained the most buoyant of regions over the past few years and the new project we are introducing in Arbroath reflects the recent population and economic growth across the area. With a third consecutive month of house price rises, the Bank of England reporting a continued rise in mortgage approvals and interest rates remaining low, this development will be a welcomed addition to the area as demand for homes takes an upward turn.
“Early indications are that King’s Gate will be a very popular site with local families and professionals. We have received an unprecedented volume of sales enquiries and already have a waiting list of potential buyers in place for when the properties are released.”
King’s Gate will comprise a variety of homes, including three-bed semi detached properties and three and four-bed detached family homes with prices starting at £139,995. For further property details and sales enquiries, contact 01224 747 400 or visit stewartmilnehomes.com.