RESIDENTS in Derryree Wood, Lisnaskea have welcomed the completion of adjoining houses, 14 in all, which, according to the developer, Howard Clarke, Lisnarick, are affordable to first-time buyers whom he regards as the driver of a depressed market that has begun to turn.
Twelve of the properties are town houses which are selling for £100,000 and two semi-detached for £115,000.
The estate has multiple, occupied homes and, according to one householder, Briege, ‘it will be good to see it all back up and running’.
“We have been coming up and down six years from when they were first built, and the people are lovely, the neighbours are absolutely lovely and they’re very good at keeping an eye on things.
“They (the developer) resumed the work from Easter of last year, and we’re delighted. It’s a lovely wee community. We too a couple of cottages for a number of years in different places, Crom and so on, and we then decided to buy. It’s such a beautiful county.”
It’s Mr Clarke’s first venture into Derryree Wood, but not in Lisnaskea.
“We built five properties in Carnwood and finished them off. They started this year at £92,500, and they have moved up to £100,000 for semi-detached property.”
He described the Derryree Wood development as being ‘on the right side of Lisnaskea’.
“It’s very close to the A4, one hour and 10 minutes from Belfast, and I have had enquiries from a few people on that basis.
“It’s in a good place. Whenever the first-time buyer left the market, we lost the market because they had driven the market on.
“Back in the dark days, some developers were leasing houses at £100,000 and they were still selling them at £90,000 and, so the people buying them, would have very little confidence. Now, we are at a whole different stage where the (housing) market is going to make a stead increase.
“In the past, the developers were in the jaws of the banks and, therefore, they had to get money out of somewhere, so they had to drop the price in order to pay the banks back their money.
“There are four houses done and the plan that they would sell and we would progress on and do the next four and, in the meantime, we’d try to get them to the next stage so they’re presentable looking because it’s a buyer’s market and the buyers are prepared to pay up as long as they know there is confidence back in the market and that house prices are going to stay.”
All 14 properties are/will be completed to ‘turn-key’ specification, ie with fitted kitchens, etc.
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