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News & Events03/08/05Over 60% at Merlion Homes 'Orchard Place' Sally Prince, Sales and Marketing Manager of Merlion Homes comments: "We are delighted by the sales success at Orchard Place, this is a true indication of the current strength of the market. There is constant speculation that the market has slowed and that purchasers are simply not buying, however, this success clearly highlights that the right properties in the right locations will continue to sell well." Merlion Homes is selling 29 one and two bedroom apartments on a shared equity leasehold basis. The purchaser has a 75% share of the equity and unlike many shared equity schemes; Merlion's Assisted Purchase Scheme does not require rent to be paid on the remaining 25%. The 12 remaining two bedroom apartments at Orchard Place are available from £121,875 for a 75% share. This is giving homeowners who might not normally aspire to such a lifestyle a chance to purchase a new apartment at a reduced percentage of its market value. The development is just off Oxford Street, the city's cosmopolitan rendezvous, located between the history of the old city walls, and the beautiful residential waterfront location at Ocean Village. Perhaps the greatest attraction, however, is the inclusion of a roof terrace. Each resident will have the use of this communal area, which is ideal for barbeques or perhaps a spot of yoga. The terrace also provides excellent views across the centre of Southampton. Orchard Place offers contemporary easy living, enabling residents to live life their way. These benefits include: lifts to all floors, electric secure gates into the development and a video entry system to all apartments. Internally the apartments are light and spacious and include specifications such as fitted Paula Rosa kitchens with a range of appliances, which include: oven hob with hood. Oxford Street has a fantastic range of shops, bars and restaurants, which gives the street its unique and lively character. Residents can indulge themselves in one of Oxford Streets fresh and stylish café bars and restaurants, which serve the very best in contemporary Bistro, Chinese, French, English, Italian, Indian and Mediterranean food. Close by is the international Ocean Village Marina, with its undercover shops, excellent restaurants and cafes, popular five screen multiplex cinema, vibrant nightlife, open-air markets, bars and water sports provides extensive recreational facilities. For those who like to shop, the prestigious West Quay shopping centre is Southampton's largest retail mecca, which attracts shoppers from miles around to its 97 stores, is also in easy reach from i:one. Plans are underway to create an Olympic ice rink and entertainment arena here. Two bedroom apartments at Orchard Court are available from £121,875 for a 75% share. For further information please contact our selling agents Fox & Sons on Tel: 02380 225155.  |
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