New flats in Norwich make affordable first homes
Aspiring homeowners struggling to step on the property ladder are being urged to visit NR1, Taylor Wimpey’s development of new apartments for sale in Norwich, Norfolk.
First-time buyers have a chance to secure a stunning apartment for less thanks to the FirstBuy scheme at Taylor Wimpey’s NR1 development of new homes in Norwich.
The Government-backed incentive offers would-be homeowners the opportunity to secure selected one-bedroom apartments in Norwich for 80% of their full price – that’s as little as £99,995, including a 5% deposit as low as £6,250, subject to status.
Stacy Dornan, Sales and Marketing Director for Taylor Wimpey Norfolk, says: “Many would-be homeowners often struggle to take that all important first step on the Norwich property ladder because of the hefty deposits required by many mortgage lenders – but FirstBuy offers them an affordable alternative.
“There’s a strictly limited selection of new flats in Norwich available with the initiative at our sought-after NR1 development, so anyone interested in securing a stunning property for an irresistible price should contact us before it’s too late.”
FirstBuy works through a joint loan of 20% from the Homes and Communities Agency and Taylor Wimpey, which boosts the purchaser’s own deposit and enables them to access a wider range of affordable mortgage deals. The loan is repayable at the end of the 25-year mortgage term or when the property is sold, and to be eligible, purchasers must be first-time buyers and their total household earnings should be less than £60,000.
One-bedroom ‘Sewell’ apartments at NR1 priced from £124,995 are available to qualifying first-time buyers for FirstBuy prices starting at £99,995, including a 5% deposit from only £6,250.
These impressive apartments each feature a spacious open-plan kitchen/dining/living room and a generous master bedroom, both with access to a private balcony, plus a main bathroom off the entrance hallway.
Alternatively, two-bedroom apartments are available at NR1 from only £162,995.
All homes at the development are completed to a high standard specification, including energy efficient central heating, double glazing and a fitted kitchen with integrated oven, hob and hood.
Superbly located in landscaped surroundings 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 Premier League football club Norwich City 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 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 securing a new home at NR1 with FirstBuy, first-time buyers should visit the Sales Information Centre, located off Geoffrey Watling Way, Norwich, NR1 1GW, and open Thursday to Monday from 10am to 5pm. Alternatively, log on to taylorwimpey.co.uk/eastanglia.
