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Affordable luxury in Alnwick, Northumberland

10th July 2008 Print
Affordable luxury in Alnwick, Northumberland  Once voted the ‘best place in Britain to live' by Country Life magazine, the market town of Alnwick in Northumberland is renowned for its beautiful surroundings and historic backdrop but not, until now, for its affordable luxury housing. That all changed this month, as joint agents, residential property consultancy Knight Frank, and Turvey Westgarth, launched Towergate.

Being developed by Gentoo Ventures, the Sunderland based property management and development company, Towergate is a luxurious yet affordable development of new homes with prices starting from just £124,950 plus first time buyers can get their five per cent deposit paid on selected properties.

Comprising 51 one and two bedroom apartments, some of which are larger than the average new apartment ranging in size from 424 - 803 sq ft, the development has a prime position located centrally within Alnwick. Near the historic West Gate area, it also enjoys an elevated position with breathtaking views over the market town's rooftops and towards the Castle.

The specification of each apartment is extremely high and includes bespoke kitchens, stylish fittings and fixtures and for ease, satellite, TV and data wirings throughout. In addition, the communal areas of the development will make a bold statement of sophistication upon entrance, with stainless steel ironmongery and feature-finished timber veneered doors.

Towergate is a mixed use development so residents can also expect a number of big brand retailers to occupy the space directly below them, which Knight Frank thinks will be a major draw.

Kevin Thubron, residential development partner at Knight Frank, explains: "Well presented, affordable and within easy reach of the shops, are three of the ‘must-haves' homebuyers look for when purchasing an apartment. At Towergate, we have all three and as a result, interest in the development is mounting.

"Towergate has been conceived to provide luxurious accommodation at prices within the financial reach of local people and with Gentoo offering to pay their deposit first-time buyers no longer need to leave the town to get that first step on the property ladder."

For further information on Towergate visit Knightfrank.com.

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Affordable luxury in Alnwick, Northumberland