Ashford multi-family scheme hits the market with £65m price tag

By
Liz Hamson
Aerial view of a series of four buildings under construction

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A 254-home multi-family development in Ashford, Kent, has been put up for sale for £65m. 

The circa 177,723 sq ft scheme, which is located on Victoria Road, comprises 254 self-contained apartments across four buildings. 

The on-site amenity provision will include landscaped podium gardens, roof terraces, a rooftop bar, co-working space, a concierge service and a gym. The scheme is currently under construction with targeted phased completion next year.

Bobby Barnett, partner – capital markets – living at Newmark, which has been appointed to market the opportunity, said: “Victoria Road is a rare opportunity to acquire scale in one of the South East’s best-connected commuter towns. The combination of a near-term delivery profile, strong transport links to Central London and the coast, and a well-specified amenity offering makes this an attractive proposition for investors seeking exposure to the UK’s living sector.”

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