‘Demand outstripping supply’ at local housing development

DEMAND IS OUTSTRIPPING SUPPLY AT VARCITY NORTH

Varcity North - living, dining, kitchen (approved)[144196] (1)With the property market in Edinburgh remaining buoyant, Miller Homes at Varcity North is experiencing an influx of interest, with demand getting close to outstripping supply in this popular development.

The final stair in the local development has already seen reservations and sales taken for over 74 per cent of the properties, so new home buyers looking to move into Varcity North need to move quickly to secure the next three plots due for completion in September.

The type 10 is a popular two bedroom apartment with open plan living and kitchen area. It comes with an en-suite in the master bedroom and ample storage throughout, including a separate utility cupboard. It is on the market from £151,000.

Anne Marie Britton, Sales Director for Miller Homes Scotland said: “The apartments at Varcity North bring together quality build, excellent value for money and within close proximity to all the capital has to offer, making it one of Edinburgh’s most sought after developments.

“The layout, space and finish of the type 10 apartment, makes it an appealing buy and we are currently seeing a rush to secure property in the last stair of the development. The next release is due for completion in September and we are already receiving a lot of interest from buyers looking to secure an apartment at Varcity North.”

Once completed, Varcity North will consist of 209 apartments across five campuses. Prices start at £102,000 for a one bedroom apartment through to £179,000 for a three bedroom.

For more information, go to www.millerhomes.co.uk or call 0808 250 6468.

varcity-001

Varcity North ‘a game changer’

The combination of a quality spacious apartment, coupled with a very competitive price tag at Miller homes’ Varcity North development has proved to be a game changer for First Time Buyers looking to get a foot on the property ladder in Edinburgh.

The recent announcement that the Scottish Government has introduced Help to Buy (Scotland) is already attracting more first time buyers in to view and with over 75% of the current Belford campus now sold, buyers will need to move quickly to secure one of the remaining apartments.

Varcity North is a contemporary development offering 209 one, two and three bedroom apartments across five campuses off Crewe Road North.

Combining functionality and style, the apartments offer a good-sized open-plan lounge and dining area, together with a substantial master bedroom, creating a sense of space throughout, and with prices starting from £99,000 for a one bedroom apartment, Varcity North is fast creating a thriving Edinburgh community.

Anne Marie Britton, Sales Director for Miller Homes Scotland East said: “We are delighted that first time buyers are attracted to the quality, value and affordability at Varcity North. The spacious apartments offer an excellent opportunity for first time buyers to get onto the property ladder at a time when stability is starting to return to the market in Edinburgh. Varcity North is proving to be a popular destination for savvy house-hunters.”

For more information, go towww.millerhomes.co.uk or call 0808 250 6468. The sales centre is open Thursday to Monday from 11am to 6pm.

Househunters can also logon via the Miller Homes’ website to book an appointment with an adviser at the development.

Varcity North - living, dining, kitchen (approved)[144196]

Ainslie Park housing consultation today

Community Consultation Exhibition

Former Telford College North Campus (Ainslie Park School) Crewe Road North 

Miller Homes is hosting a second consultation regarding its proposal to develop this site. A drop-in exhibition to view the latest proposals is being held today:

Thursday 3 October between 2pm and 7pm

At Varcity North – Sales Centre

Crewe Road North 

Further information from Caroline Owen at GVA on 0131 469 6068 or caroline.owen@gva.co.uk

Housing Minister welcomes Varcity North tenants

JEF_0880a[1]Housing Minister Margaret Burgess welcomed new tenants to the first completed phase of Miller Homes’ Varcity North development in North Edinburgh yesterday.

In total, 89 new apartments, consisting of one, two and three bedrooms, will be available at mid-market rental rates at the development.

In 2011, Miller Homes, the City of Edinburgh Council and Scottish Futures Trust (SFT) created a limited liability partnership (LLP) as part of the National Housing Trust’s initiative (NHT), aimed at fast-tracking the delivery of new homes for mid-market rental throughout Scotland.

The LLP is working with managing agent Places for People to manage the completed properties, identify potential tenants and manage the rentals over the contract term.

Rent First@Varcity North will be available for rent to selected tenants, (employed on a minimum salary of £10k per annum, but struggling to find an affordable home to rent).

Under the NHT initiative’s rules, homes must be available to rent for a five year period, following which, tenants will have the choice to purchase their house at the market value or move on. Should tenants select not to buy, Miller Homes will sell the property on the open market.

Housing Minister, Margaret Burgess said: “It is fantastic to see house developers like Miller Homes embrace the opportunities offered by the Scottish Government’s pioneering National Housing Trust initiative. These new homes at Varcity North will go some way towards providing much needed affordable rented accommodation for Edinburgh residents.

“The initiative has been hugely successful, with deals secured with 13 developers to deliver over 1000 high quality homes for families throughout Scotland at very little cost to the taxpayer. A vibrant, expanding housing sector stimulates growth and protects and creates jobs in the construction sector and wider economy.”

David Knight, Managing Director, Miller Homes Scotland said: “We are delighted to bring the mid-market rental homes to market slightly ahead of schedule. Securing affordable housing in Edinburgh remains difficult and the challenging lending environment also means that buying is still out of reach for some households.

“The 89 apartments will go some way to helping those in employment secure an affordable rental tenancy. The apartments are developed to Miller Homes’ high standards of the quality of the build, fixtures and fittings and will form part of vibrant, modern development, which is quickly establishing its own sense of community.

“Rent First@Varcity North provides much needed homes at affordable rents for key workers and has also created vital local employment opportunities within the house building industry.”

Rents per month are set at £457.20 for a one bedroom, £594.39 for a two bedroom en-suite apartment and a limited number of three bedroom apartments available. Further details are available from Miller Homes.

Councillor Norman Work represented the city council at the event. He said: “The affordable homes available at Varcity North are a welcome addition to the market in Edinburgh. We continue to tackle the shortage in affordable homes and look for opportunities like the LLP with Miller Homes and Scottish Futures Trust to bring these very welcome homes to fruition.

“With around one half of the national uptake of NHT being in Edinburgh that gives us a sizable amount of homes available for rent. Not only will it enhance the local community, it will also offer a significant boost for those who are in work, who can’t afford to rent at full market rent.

“It is a great model to increase availability of the number of homes for rent in the city and gives people a real opportunity to become tenants and secure a home of their own and save for the future.”

Christa Reekie, commercial director at Scottish Futures Trust said: “I am delighted that the first phase of homes is now complete, providing hundreds of people in the capital with high-quality homes at affordable rents. We are pleases with the high standards of the Varcity North development which has already attracted a great deal of interest.”

Miller Homes purchased the Varcity North site as part of a larger transaction from Telford College, which comprised three campuses (Telford South, Telford West and Telford North). The development of Telford West campus for Home Scotland Housing Association (40 affordable dwellings) was completed in 2010.

Telford South is now known as Varcity South and has become one of the city’s – and Miller Homes’ – flagship developments. The last campus, now known as Varcity North, comprises 327 apartments within five new build blocks and a possible converted building. The apartments under the NHT initiative are within the Dundas Campus and the Dean Campus.

New Varcity North tenant Claire Wilson chats to Housing Minister Margaret Burgess
New Varcity North tenant Claire Wilson chats to Housing Minister Margaret Burgess

Amazing city views from Varcity North

AMAZING PANORAMIC CITY VIEWS FROM VARCITY NORTH

A great opportunity to buy apartments with stunning south-facing view taking in the Pentland Hills, the Castle and Arthur’s Seat is coming onto the market at Miller Homes Varcity North in Edinburgh.

The show apartment, a type 3 on plot 47, is a two bedroom en-suite apartment on the fourth floor of the Belford Campus and offers a spacious 750 sq ft with patio doors looking out across Edinburgh. Designed by award-winning Margarete Stewart of MS Décor, the apartment oozes stylish, sophistication and the spacious layout is finished to a high-standard, with down-lighters in the hall, living area and bathrooms.

The show apartment boasts a range of fabrics, textures, colours and accessories creating an affordable – yet out of this world – interior creating a welcoming, comfortable and modern space to entertain friends or simply relax.

The contemporary white gloss and matt walnut kitchen fitted by Symphony, with feature LED under unit lighting creates a stunning cooking space which flows into the open plan dining area, which comfortably houses a dining table and four chairs.

The master bedroom, with en-suite facility, is finished in rich caramel and chocolate tones creating an ultra-stylish sanctuary. Accents of tweed fabrics used on the bed in the form of a throw and six cushions, as well as the curtain pelmet, give the space a sumptuous feel. Views from the master bedroom take in the Forth Rail and Road bridges.

The second double bedroom ensures there’s plenty of room for guests looking to spend a weekend in the capital. The luxurious, large bathroom with three piece sanitary suite offers the perfect place to unwind after a busy day.

The spacious hall offers access to the utility room, a functional space to house the washing machine and some of the more mundane household items. There is also a sizeable storage cupboard and phone entry system.

Anne Marie Britton, Sales Director at Miller Homes Scotland East said: “Varcity North cannot be beaten on price, stylish space and the stunning views across Edinburgh available from plot 47 and others. With the south-facing outlook, the apartment captures any sunlight all day offering stunning summer evening views of the sunset reflecting off Arthur’s Seat.

“Varcity North is a thriving development of 1, 2 and 3 bedroom apartments attracting a mix of buyers including first time buyers, those who are newly single, downsizers and those buying as an investment. With open-plan living, spacious rooms and beautiful views, from the top floor apartments, Varcity North offers an extremely competitively priced opportunity to buy an apartment in Edinburgh.

“Varcity North is an ideal location for those working in town or on the periphery as it is close to all major road links in and out of the city. Each apartment has been styled to maximise space and finished to the high standards befitting a 5-star housebuilder.”

To assist house hunters to make the move, Miller Homes offers Mi Way, an equity loan scheme on selected plots, where the buyer owns 100 per cent of the home funded by an 80 per cent mortgage with the remaining 20 per cent covered by a loan.

For more information, go to www.millerhomes.co.uk or call 0800 840 8416. The sales centre is open Thursday to Monday from 11am to 6pm. Househunters can also logon via the Miller Homes’ website to book an appointment with an adviser at the development.

Varcity North - master bedroom (approved)[143432]

Miller Homes releases Belford Campus at Varcity North

Fancy buying an apartment in your old classroom? Miller Homes has released a new apartment campus at their Varcity North development in Edinburgh.  Belford Campus is the second of five apartment blocks being built on the site of the former Telford College, with its name reflecting that heritage.

Belford Campus is a four storey, L-shaped building, which will offer a range of one and two bedroomed apartments with allocated parking.  Prices start from £123,000 for one bedroom and £167,000 for the two bedroomed apartments.  Reservations are being taken now.

The flexible accommodation offers an exciting prospect for investors buying to let, downsizers, newly singles and couples looking to move closer into the city centre.  With open plan living/dining combined with contemporary kitchen areas, the layout lends itself to living and entertaining in stylish, high quality apartments. Lift access to all upper floors, allocated parking and secure entry systems ensures that Varcity North is at the forefront of apartment living.

Situated between the city centre and the waterfront and with excellent transport links to all areas of Edinburgh and beyond, Varcity North combines stylish city living with spacious, practical and affordable homes.

Anne Marie Britton, Sales Director for Miller Homes Scotland East, said: “We’re delighted to bring the Belford Campus to market to complement the existing properties at Varcity North.  Space, quality and price are the differentiators and this development is becoming the place to live for househunters seeking all three.

“Starting at just £123,000, our competitive prices make owning a contemporary city apartment a reality, enjoying easy access to all that Edinburgh has to offer.  From parks to art galleries, the beach to stunning views across the Firth of Forth and restaurants, bars and bistros second to none, you won’t be short of ideas on what to do from your new capital apartment.”

For more information, go to www.millerhomes.co.uk or call 0800 840 8416. The sales centre is open Thursday to Monday from 11am to 6pm. Househunters can also logon via the Miller Homes’ website to book an appointment with an adviser at the development.

A new ‘pad’ for Robert!

Browsing for a new ‘pad’ on the Miller Homes’ website has won a retired police officer one of the latest ‘must-have’ gadgets. Robert Togneri was browsing www.millerhomes.co.uk  when he entered their competition to win an iPad.  Robert’s name was the first drawn out of the hat for the competition run across Miller Homes Scotland East’s ten developments, and last week he received his new iPad from Miller Homes’ Jacqui Steel at The Varcity North development near Crewe Toll.

Robert said: “I’ve never won anything significant before. We are looking to move into a new house soon and although the specific area is still under discussion, we like the East Coast of Scotland, particularly Perth and Fife. I was impressed with the properties on Miller Homes’ website and at their development in Edinburgh. You don’t really expect to win these things.  I do lots of travelling and this iPad will help me to keep in touch with what’s happening at home.”

Varcity North offers a range of one and two bedroom apartments, starting from £121,000. The first phase of the 209 apartment development was launched in June last year and has proved a popular choice for buyers seeking affordable, but luxurious, apartment living in the city.

 

 

 

A new 'pad' for Robert!

Browsing for a new ‘pad’ on the Miller Homes’ website has won a retired police officer one of the latest ‘must-have’ gadgets. Robert Togneri was browsing www.millerhomes.co.uk  when he entered their competition to win an iPad.  Robert’s name was the first drawn out of the hat for the competition run across Miller Homes Scotland East’s ten developments, and last week he received his new iPad from Miller Homes’ Jacqui Steel at The Varcity North development near Crewe Toll.

Robert said: “I’ve never won anything significant before. We are looking to move into a new house soon and although the specific area is still under discussion, we like the East Coast of Scotland, particularly Perth and Fife. I was impressed with the properties on Miller Homes’ website and at their development in Edinburgh. You don’t really expect to win these things.  I do lots of travelling and this iPad will help me to keep in touch with what’s happening at home.”

Varcity North offers a range of one and two bedroom apartments, starting from £121,000. The first phase of the 209 apartment development was launched in June last year and has proved a popular choice for buyers seeking affordable, but luxurious, apartment living in the city.