Must be Urban Splash’s press call week for their ‘Lake Shore’ development in Hartcliffe (Blogger passim).
Wednesday saw Venue – still pluckily keeping that editorial fashionably offline – rather unconvincingly claiming that the flats, priced between £100k and £200k, could these days be classed as “affordable”.
Not in South Bristol they couldn’t when average household income would put even the cheapest of these flats beyond the reach of most people (unless they want to get one of those excellent Northern Rock sub-prime mortgages).
There was more in The Cancer today too with the paper claiming in a headline: “1,000 show interest in living at old Imperial site”.
That’s very unlikely indeed. 1,000 people may well have expressed an interest to Urban Splash in buying a flat on the site. But how many of these people are investors looking to make a fast buck in the buy-to-let market (with, no doubt, one of those excellent Paragon sub-prime investment mortgages) and have no intention of living there?
If the other developments of flats and apartments in Bristol are anything to go by then the answer is about 95%. Which means, maybe, 50 people might have expressed an interest in actually living there.