A more affordable option for Pitsea first time buyers
First time buyers can take advantage of much more affordable property prices within easy commuting distance of central London. At its Cleves Court development in Pitsea, Essex, Genesis is offering stylish new one bedroom apartments on a shared ownership basis.
Ideal for commuters, the development is a 10 minute walk to Pitsea Station, which offers regular services to London Fenchurch Street in just 41 minutes. In the other direction Southend, home to the world’s longest pleasure pier, is just 20 minutes away.
A 25% share in one of these stylish new one bedroom apartments costs just £24,375, based on the full market value of £97,500. Buyers can purchase between 25% and 75% and increase their share at any time, all the way to 100% and outright ownership.
Cleves Court is available to anyone who does not already own a property and is unable to buy a home on the open market. Their annual household income must be less than £64,300 and ideally they will have savings of around £3,500 to cover moving and legal costs.
Cleves Court is situated on the site of a former dairy, comprising four, five and eight storey buildings all centred around a communal, landscaped courtyard. The apartments are designed to offer perfect modern living, featuring an open plan kitchen and living/dining room. The rooms, including the bedrooms and bathrooms, have been generously designed with many apartments featuring a balcony, where residents can relax and enjoy fine weather.
Completed to a high specification, the apartments include sleek and modern kitchens with contrasting cream cabinets and dark wood kitchen work surfaces and flooring. Appliances include an Indesit washer/dryer, fridge freezer, electric hob and extractor fan. In the spacious bathrooms features include a thermostatically controlled shower above the bath, white floor to ceiling tiling, free standing basin and a large mirror with spotlights above. The lounge, hallway and bedrooms are covered in cream carpets and there are storage facilities in the hallways.
The apartments include video entry phones to provide residents with added security, a car parking space in the undercroft car park and additional storage for bicycles.
Prices at Cleves Court start from £24,375 for a 25% share in a one bedroom apartment based on a full market value of £97,500. For further information, visit genesishomes.org.uk.
