Predicted market cooling does little to halt sales in Holywood
Byron Halt by Hagan Homes went on the market in November drawing interest from downsizers to ex-pats.
Ballyclare homebuilder Hagan Homes’ latest development in Co Down has experienced buoyant sales despite industry predictions of a cooldown in market activity this year.
Byron Halt, a development of apartments on Kinnegar Drive, Holywood went live at the end of November last year and already 19 of the 35 properties have been agreed.
The first two completions will take place in March with the first homeowners getting their keys on March 29.
Byron Halt, designed by Des Ewing Residential Architects, benefits from its close proximity to Holywood town and its renowned hospitality scene and retail outlets, two prestigious golf courses as well as availing of stunning views
of Belfast Lough and access to its associated activities.
Made up of 35 apartments, the development has attracted much interest from a range of buyers with its Smart Heating Control System, communal electric charging points, tree and landscaping and aesthetically modern interiors, even beckoning remote workers living in London.
Jim Burke, director of Sales and Acquisitions at Hagan Homes, anticipates the quick sale of the remaining 16 properties.
He said: “We are delighted with how popular our latest development has been and this is despite a backdrop of challenges for home buyers - from the latest interest rate rise to an impending recession, which has provoked consumer hesitancy.
“Byron Halt homeowners have been enticed by the site’s close proximity to all that Holywood has to offer, stunning sea views, as well as the makeup of these modern apartments complete with Smart devices, multimedia-ready wiring and trend astute decor.
“What has been interesting about this site and its sales activity is the type of buyers it is attracting. They are a mix of first-time buyers and downsizers but we’ve also agreed on sales with ex-pats, including Londoners and other natives living in England who can now carry out their professions remotely.
“Bryon Halt is also a very competitively priced project, given its location and as mortgage rates start stabilizing and show
signs of more competitiveness we expect the remaining 16 apartments to go very quickly.” “We look forward to welcoming our first buyer this spring.”
Byron Halt properties are priced from £180,000.
Hagan Homes has been operating in Northern Ireland for more than 35 years. Within that time, it has built more than 4,000 properties.