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Apartments snapped up as only a handful remain

15th November 2015 Print
Akron Gate, Wolverhampton

Buyers need to hurry if they want to enjoy apartment living in Wolverhampton as only a handful now remain at the former Goodyear site, according to a regional builder.

Persimmon Homes West Midlands says it only has three apartments left at its Akron Gate development, off Stafford Road, Oxley, which has already seen a new Aldi supermarket built, as well as the Gatehouse pub and new homes.

In 2008 the land, which had been the home of 7,000 workers at the historic Goodyear site, was reduced to rubble and the £150 million housing estate is seen as a vital part of the regeneration plans for the city.

The first phase of the project saw Persimmon Homes build more than 180 homes with a further 150 to be built over the next two to three years. However, Persimmon says no more apartments are in the pipeline and are urging buyers to hurry.

Stephen Cleveley, sales and marketing director for Persimmon Homes West Midlands, said: “They say location is everything and that is certainly true here, with great facilities nearby and close to Wolverhampton city centre. It is the reason we think the apartments have sold quickly. They are ideal for first-time buyers, young professionals and investors.”

The two-bedroom apartments, two of which are dual aspect, start from £92,950, and have an en-suite, separate bathroom, and an open plan living/kitchen area.

Stephen added: “We would urge people to act quickly if they want to live here with schemes such as Help to Buy available to make buying an apartment really simple.”

Help to Buy is a Government-backed shared equity scheme. It provides a 20 per cent loan on the term of your mortgage, which is interest and repayment free for the first five years, while people only need a five per cent deposit.

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