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Homebuyers with their sights set on one of Edinburgh's most prestigious postcodes are gearing up for the launch of the latest new-build development in Leith.
Award-winning developer BUREDI will launch the £8m Coallhill 2 on February 3rd, building on the success of the much-acclaimed Coalhill scheme which helped transform residential life in the area.
No longer the dilapidated, industrial port of yesteryear, Leith has undergone a major transformation in recent years to become one of the most sought after residential areas in the capital. At the heart of this regeneration, the Coalhill development has boosted property and design standards resulting in sophisticated, urban living on the Shore.
With seven properties already accounted for from plan, interest in Coalhill 2, a development by BUREDI, which is a joint venture by The Burrell Company and the EDI Group, is already soaring.
With a mix of 36 one and two bedroom apartments, as well as three, three bedroom penthouse apartments, the development looks set to build on the award winning success of Coalhill 1. Its architectural excellence was critically acclaimed resulting in the scheme being presented with both 'The Britannia Best Apartment of the Year in the UK' and 'The Britannia Building of the Year' awards in 2001.
The properties, many of which boast attractive views over the Water of Leith, are grouped around a secure, private courtyard and benefit from a designated underground car parking space with lift access to all floors. For an added cosmopolitan touch, many of the apartments also feature terraces.
Coalhill 2 will complement the original building with the architectural style of highly respected, Edinburgh based architects, Allan Murray Architects, designing both phases.
Allan Murray said: "The Coalhill properties offer the much sought after appeal of modern living fused with the historic ambience of one of the most attractive sites in Leith. Designed with a contemporary edge, the building continues the regeneration of the area whilst complementing both the traditional and the newer aspects of the surrounding environment."
Located in a thriving locale, the light and spacious apartments are ideally located within a wealth of amenities including hotels, buzzing bars, top restaurants, tourist attractions, the Ocean Terminal Shopping Centre and Royal Yacht Britannia. The development is also perfectly located for both the Leith Jazz Festival and the Leith Festival placing homeowners at the centre of the action. Further investment in the area includes a new landscaped play facility for open access financed by BUREDI.
Andrew Burrell, Managing Director of The Burrell Company, said: "Apartments in the Leith area are increasingly rare. Coalhill 2 offers homebuyers an opportunity not only to snap up a stylish residence in the heart of one of the capital's hotspots, but the chance to make a sound investment in one of the fastest growing residential areas of Edinburgh."
Ian Wall, Chair of BUREDI added: "Leith has undergone major change in the past few years and the Coalhill development was at the forefront of this transformation. Coalhill 2 will further enhance the attractiveness and appeal of the local area.
As well as setting the highest standards for residential development, Coalhill phases 1 and 2 have helped to regenerate this area of the city and to deliver benefits for the wider community. Coalhill 2 formed part of a deal that will deliver improved play facilities for local children and has already contributed to the provision of popular and successful accommodation for homeless people."
The first phase launch will see seven apartments at the development released with prices starting in the region of £179, 000. Interested homebuyers can also access the downloadable brochure at www.coalhill.co.uk which provides artists impressions, apartment layouts and information on availability. The Sales Centre opens on both Saturday 3rd and Sunday 4th February between 11am and 5pm thereafter every Thursday through to Monday. Further information and to register interest contact the selling agents, Rettie & Company on 0131 220 4160 or visit www.coalhill.co.uk.