The First stage of The Tour of Britain on Ipswich Waterfront where many got to see the marina's charms for the first time.
Ipswich: Property boost on Waterfront after summer’s major events
BY NAOMI GORNALL
Monday, October 8, 2012
6:14 PM
More than half a dozen properties along the Waterfront have been sold to people from outside the area as a result of some of the town’s biggest summer events, it emerged today.
Nicholas Estates, based in Neptune Quay, sold six of their apartments in the area to people from all over the country, including Hertfordshire and Leicester, following the start of the Tour of Britain and the Maritime Festival. There were also some properties sold after the Olympic Torch relay, which went along the Waterfront.
Nick Golding, manager of Nicholas Estates, said: “People from outside the area were coming to the docks for the events and saying ‘we really like this’. Then they came back a few days later and bought them.
“It is so nice to see the Waterfront finally fulfilling its potential. There is still lots more development to do but when you have events like these, you realise why you set up here in the first place.
“We started the business here because we envisaged the potential regeneration. We kept the office here even though it’s been tough to sell properties over the last couple of years but now we hope it has turned a corner.”
David Ellesmere, leader of Ipswich Borough Council, said: “This is one of the reasons why the council, along with Ipswich Central, put things on at the Waterfront because it is still astonishing that people from outside Ipswich do not know it is there. We want to showcase the best that Ipswich has to offer. The more people that come to the town and spend money in our businesses, and in this instance show interest in properties, the better.”
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6 comments
But have they bought these properties to live in or are they going to be renting them out at high rents that are barely justifiable and then the estate agents can earn even more by renting them out. Having lived on the waterfront for over 5 years I've just seen the area get worse. People moving into the flats and houses that have no respect for others or in some cases no intelligence. The cost of some of the properties is just out of touch with what they are. And with all the roadworks and changes the council have made the area harder and harder for residents to get to and around. I don't mind people buying properties but only if they are going to use them themselves. I've been looking and trying to buy a house myself for a few years and simply can't afford the properties available, and anything cheaper seems to get bought up and put out for rent pretty quickly!
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Chris Church
Tuesday, October 9, 2012
They will sell for a 100k loss next year when they realise what a cesspit Ipswich is and discover the delights of Norwich Road near coes. Makes me laugh how the Ipswich Central park rangers take credit for this !
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the opinion man
Monday, October 8, 2012
Great news. The Waterfront is an absolute gem and it's great this is being recognised by people outside the borough. Over the next couple of years it's going to grow even more. What exciting times.
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Scott Brock
Monday, October 8, 2012
@ bigger niche - "So-called "waterfront property dealers" - because they are waterfront property dealers perhaps?
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Scott Brock
Monday, October 8, 2012
no doubt there the same kind of people that own those flashy boats and can afford to leave them unused for weeks on end
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MIGUEL100
Monday, October 8, 2012
Congratualtions to the so-called "Waterfront Property Dealers." It must be nice for them to be able to sell properties in the middle of a recession. Congratulations too to those who are able to swan in to a town, spot a vacant flat with a nice view, and just snap it up at the drop of a hat.
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bigger niche
Monday, October 8, 2012