Construction is well underway on Birmingham-based independent housebuilder Elevate Property Group’s first venture into the south east.
Elevate is building 216 apartments on a new development named Victoria Point on Victoria Road, Ashford. The site will also accommodate a 120-bedroom hotel.
Leicester construction company J A Ball Ltd has been appointed main contractor on the site and completion is scheduled for Spring 2020. The £55 million project will include a selection of one, two and three bedroom apartments.
Steve Dodd, Managing Director of Elevate, said: “We are mindful that the ‘within one hour to London’ factor is a strong selling point, but such good access to Europe and the rest of the south east of England is also a tremendous plus.
“Ashford is an area that has long been marked for expansion and we are pleased to be able to contribute to the further economic growth of the town.”
Savills have been appointed as the selling agents. Currently available to reserve off plan following an initial release in May, 30% of which is now sold, the next tranche of units will be released in September.
Image: Steve Dodd, MD of Elevate Property Group and Adam Ball, director of J.A. Ball