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Clever revellers ditch the taxis for Temple Quay
Bristol's partying young workers should ditch their taxi home to the suburbs and invest in a city-centre apartment, property experts said today. Thousands of twenty and thirty somethings hit the city centre bars and clubs every weekend, and many are blowing up to £100 a month on taxis, according to research by Sovereign Housing Group. But with rents on flats rising in the trendy suburbs to more than £600 a month, clever revellers are flocking to snap up part-buy apartments at Temple Quay for as little as £725 a month. Marketing manager Sue Edwards says: “Noone wants to spend the early hours hunting for taxis in side-streets, and then have to spend £20 getting home. It makes better sense to pay the extra to live in your own home a stone’s throw from where all the action is.” Sovereign has helped hundreds of the West’s young people on to the property ladder through part-buy part-rent schemes, but more are now clamouring for their own pad for as little as £70,000 at Temple Quay because of rent hikes from private landlords in the suburbs. Temple Quay is a £200m complex of apartments, shops, offices and waterfront bars – close to Temple Meads train station. The first tranche of 30 part-buy two bedroom apartments has just been handed to Sovereign by Barratt Homes. Sue adds: “Having your own place in the centre for £725 a month is unbelievable value for money. They’re filling up fast as more people realise that renting is money down the drain. A sneak preview of the Sovereign apartments at Temple Quay is expected to draw big crowds on Saturday May 13 at The Zone from 10-3pm. But Sovereign doesn’t expect many to come by taxi! Published 25 May 2006 |
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 ©2008 Sovereign Housing Group Limited (charitable). All rights reserved. |
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