Get Help to Buy a great-value apartment at NR1 in Norwich
Homebuyers in Norwich have a superb chance to snap up a beautiful apartment for a great-value price at Taylor Wimpey’s NR1 development in the heart of the city.
The Government’s Help to Buy equity loan scheme is available now with stylish one and two-bedroom apartments at NR1, which boasts a sought-after waterside location by the River Wensum.
Help to Buy enables first-time buyers and those with a property to sell to secure a Government loan for up to 20% of their new home’s full price – meaning they only require a 75% loan-to-value mortgage and a deposit of just 5% to buy a brand new apartment priced from as little as £154,995.
Caroline Carter, Regional Sales and Marketing Director for Taylor Wimpey, says: “Our stunning apartments at NR1 already represent great value for money, but the availability of Help to Buy at the development means that they are even more affordable than ever, with eligible purchasers needing only a low deposit of 5%.
“With a 75% loan-to-value mortgage all that’s required, homebuyers can also take advantage of a wider range of competitive mortgage deals from lenders, meaning their monthly repayments are kept to a minimum, too.
“Help to Buy is putting beautiful apartments in this fantastic riverside setting in the city within reach of many more home-buyers, however I’d advise anyone hoping to take advantage of this scheme to act now, as it’s generating a huge amount of interest in the area.”
Stylish one-bedroom apartments are priced from £154,995 at NR1, while two-bedroom designs are available from £189,995.
These spacious homes feature an open-plan kitchen/dining/living room and a well-proportioned bedroom, both opening through sliding doors to an attractive private balcony, plus a bathroom and a utility cupboard off the internal entrance hallway. Two-bedroom apartments also boast an en-suite master bedroom.
All new homes at the development are completed to a high standard specification, including energy efficient heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
Help to Buy is available on new-build properties up to the value of £600,000 and there’s no salary cap for purchasers taking advantage of the scheme.
Superbly located and appointed to present fantastic views over the River Wensum, NR1 offers city living at its best. The Riverside leisure and entertainment complex is right on the doorstep and Norwich’s main shopping district is just a short walk away, with the home of Norwich City FC only a stone’s throw from the development.
Home to the renowned University of East Anglia, the city also has a thriving cultural scene, with several theatres as well as arts and live music venues.
For commuters, Norwich railway station is only half a mile away from NR1 for frequent services to London, Peterborough, Cambridge and the seaside towns of Great Yarmouth, Lowestoft and Sheringham, while the A47, A11 and A140 provide excellent road routes north, south, east and west.
To find out more about purchasing a great-value apartment with Help to Buy at NR1, property-seekers can visit the Sales Information Centre, located off Geoffrey Watling Way, Norwich, NR1 1GW, and open daily from 10am to 5pm (Mondays from 1.30pm to 5pm). Alternatively, visit taylorwimpey.co.uk.
