This development of 183 apartments and townhouses in Colindale, NW9 was a joint venture between private developer U+I and charitable housing association L&Q.
Our involvement early in the development cycle meant we were able to contribute towards the pricing strategy and marketing approach. The development then went through peaks of activity over the course of two years, with a number of phased releases.
We were able to inject new impetus to sales at various intervals as a result of a marketing campaign focused on the specific needs of the development: A number of events were held, with prize draws and family activities, and a partnership with BangBang Oriental food hall brought the history of the area to life for potential buyers.
We maintained a strong sales rate in a challenging market and were made sole agents after six months based on our performance, achieving £610 per square foot for our developer. We also supported and advised the developer over hurdles such as EWS1 (the External Wall Fire Review) in the face of those difficult market conditions.
If you would like to discuss 399 or your own development with one of our team, please get in touch.