Homebuyers snap up new homes at Weston Homes' Canon Court development

A wide range of homebuyers, from first-time purchasers to property investors, have bought new homes at housebuilder Weston Homes' Canon Court development in the sought-after Surrey suburb of Wallington.

Canon Court's high specification homes, prime central location and good commuter links into London mean that over 80% of the apartments and penthouses have already sold, according to the new homes developer.

Launched in September 2010, Canon Court saw one of Wallington's most famous buildings - the former Canon offices on Melbourne Road - carefully converted into a collection of 166 new build one and two bedroom apartments and penthouses, offering luxury city centre 21st century living in the borough of Sutton, with the addition of major high street shops. Prices for the apartments at Canon Court start from £151,995.

Canon Court also offers attractive investment opportunities for buyers who have been able to take advantage of the current high demand in the local rental market and achieve annual rental yields of up to 7%.

Bob Weston, chairman and chief executive of Weston Homes, commented: "The conversion of this former landmark in the heart of Wallington has proved extremely popular amongst buyers and there are now only 26 one and two bedroom apartments remaining for sale. The development appeals to a wide audience of purchasers including first time buyers, investors and rentals and the development has also been popular overseas.

"Canon Court has excellent transport links and is located just a stones' throw away from Wallington Station, with journey times taking just 31 minutes to London Bridge and 37 minutes to London Victoria."