Why rent when you can buy a coach house apartment at Cranbrook
Tenants who dream of becoming homeowners will find that buying a property at Taylor Wimpey’s popular Cranbrook development near Exeter could be more affordable than they might have imagined.
Prospective purchasers who are tired of throwing money away on rent can choose from a selection of stunning two-bedroom coach house-style apartments priced from just £152,995 at this sought-after development in Devon.
With the average price of typical two-bedroom home for sale in the surrounding area over £173,000, the beautiful properties at Cranbrook represent fantastic value for money.
What’s more, eligible buyers can take advantage of the Help to Buy equity loan scheme to secure a Government loan for 20% of the full price of their new home – meaning they only require a 75% loan-to-value mortgage and a deposit as low as 5%.
Janine Copleston, Regional Sales and Marketing Director for Taylor Wimpey, says: “Instead of lining their landlord’s pockets, renters who long to take their first step on to the property ladder will find a range of superb properties on offer at Cranbrook.
“We have some of the best value two-bedroom homes in the area here and, thanks to the Help to Buy scheme, becoming a homeowner could be even easier and more affordable than home-hunters might think. In fact, they may well find that their monthly mortgage repayments are less than the amount they’ve been paying in rent!
“However, there’s a great deal of interest in these incredible value properties, so I would urge anyone interested to come and talk to us as soon as possible!”
There are five stylish coach-house style apartments currently available to reserve at Cranbrook, including the Dovedale, priced from £152,995, the Farndale, priced from £179,995 and the ‘Edale Special’, priced at £164,995.
The ‘Edale Special’ features a private entrance hallway which leads upstairs to a light and airy open-plan kitchen/living/dining room, two double bedrooms and a bathroom, while outside, there’s allocated parking.
Each new home at Cranbrook is completed to a high standard specification, including energy efficient central 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. It is available to both first-time buyers and those with a property to sell.
Located eight miles from Exeter, Cranbrook is a brand new community of eco-friendly homes and is the first new town of its kind in Devon.
Parents will appreciate a choice of new primary and secondary schools in the area, while a range of community facilities, including a health centre and a central shopping street, are being created as part of this new development.
For commuters, junction 29 of the M5 is just minutes away for journeys to Exeter and Bristol, while a new railway station is due to be built for 2015 offering direct services to London Waterloo.
To find out more about getting on to the property ladder at Cranbrook, property-seekers can visit the Sales Information Centre, located off London Road, Exeter, Devon, EX5 2DY, and open daily from 11am to 5pm. Alternatively, visit taylorwimpey.co.uk.
