The new build Thorpe Park apartments perfect for first time buyers that claim to be bigger than a house
A Leeds housing developer is hoping to entice property hunters back to apartment living by offering flats that have more space than a house.
It comes after analysis of the March House Price Index showed that houses were selling, on average, three weeks faster than flats, as Brits look for more space due to lockdown.
The data, compiled by by Zoopla, also showed that demand for three-bed homes jumped by 30 per cent in the week after the Budget announcement.
Gráinne Gilmore, Head of Research, Zoopla, said: “The search for space is driving continued demand for family homes, which means prices for houses are rising faster than flats, and houses are also selling more quickly.
“The prospects for the housing market over the next year have improved on the back of Budget. The continued search for space, the stamp duty extension and mortgage guarantees will support activity levels and headline house price growth up to the end of Q2 2021."
House builders Redrow, the developers behind the Thorpe Park, Centurion Fields and the Roundwood development at Garforth, recently undertook a survey of Yorkshire respondents to find out what they were looking for in terms of housing, post pandemic.
Additionally, while many are still working from home, 47 per cent of respondents said they suspect that they will continue to go into the office part-time when lockdowns are lifted – so easy access to the city centre is a must.
In response to this, the house builders have created twelve new 'Adel' apartments at Thorpe Park.
The larger than average apartments vary in size from 810 square foot to 910 square foot.
This means they are larger than some houses according to Which?, which found that UK homes built since 2010 offer an average of 729 square foot of living space.
Each apartment has a main bedroom with en-suite, a second double bedroom and a separate bathroom.
The open plan lounge, dining area and kitchen has been designed so homeowners have plenty of space to relax and entertain guests.
The glazed balcony can be accessed from this area and in some apartments, from the second bedroom as well.
Steve Jackson, sales director at Redrow Yorkshire, says: “Lockdown has undoubtedly changed what buyers want from homes and something that is certainly craved by many is more space.
“City dwellers are no different with many realising that cramped apartments with no access to outdoor space just won’t work in the future.
"As a result many have turned their attention to out-of-city locations like Thorpe Park that can provide a better quality of life.
Steve added: “Thorpe Park is located six miles outside Leeds city centre and is the perfect solution for anyone looking to leave the city behind for more space, but still wanting easy access by road or rail.
“A post-lockdown survey conducted by Redrow showed that buyers now prioritise having private outside space such as a balcony – which the Adel apartments have - and being near to public green open space.
"Our same survey showed that 42 per cent of respondents imagine they will continue to work from home part-time going forward and, because of this, 25 per cent said they would consider moving 30 minutes away from their place of work.”
Prices for the Adel apartments start from £206,950.
They can be purchased through the Government-backed Help to Buy scheme and secured with a 5 per cent deposit.
Thorpe Park is currently a seven-minute train journey to Leeds city centre from Cross Gates Station.
There are plans for a brand new railway station at Thorpe Park which will cut journey times further.