Q. Is it worth paying the extra for a property on a gated development with leisure facilities apposed to a regular apartment in a purpose built block without all the frills?
A. Property is very much a case of personal choice, therefore something that works for one individual may not necessarily work for another. A consideration that should be factored in to the equation is, are you likely to want to rent the property at some point in the future? If so, this particular area tends to attract high end professional tenants that require 24 Hour concierge and leisure facilities to fit with the type of life style they tend to command, therefore attracting the higher end rental figures. Bare in mind that a property located on one of these developments will attract much higher service charges than a regular block without facilities, so this will need to be factored into your regular monthly outgoings, many buyers that I have dealt with have felt they would rather pay this extra cost towards a higher mortgage. And yet on the other hand a great deal of buyers choosing to purchase in the Docklands feel that they are buying into a whole life style and opt for the luxury developments that offer just that. Whatever you decide to do always consider the number one single selling point, Location!