Reap the benefits of a new home at Park View in Longbridge

National housebuilder St. Modwen Homes, claims househunters in Birmingham could save in excess of £20,000 when buying a new build home in comparison to a second hand property.

The award-winning developer says purchasers of older properties should expect to be faced with high renovation costs in addition to the initial cost of the property.

Figures from Which? reveal the average spend on a new kitchen is £8,000 and with added extras such as integrated appliances, prices could reach in excess of £10,000. The average cost of a new bathroom currently stands at around £3,000 – without premium fittings such as power showers or designer tiles. What’s more, if the property requires replacement or new UVPC windows, prices can vary from £4,000 up to as much as £14,000 depending on designs and non-standard items such as French doors.

Neil Simpson, sales and marketing director at St. Modwen Homes, said: “There are many things to consider when buying a home, and first viewings often provide a tipping point where people decide between purchasing a brand new home and looking for an older period property. However, I would advise everyone looking to buy a home to seriously weigh up the significant advantages of a new build, both in terms of cost effectiveness and energy efficiency.

“Choosing a new build gives homeowners a peace of mind that they just don’t get with older properties, thanks to the standard 10 year NHBC warranty. With building technology and construction materials constantly improving, new builds are much more energy efficient than ones built even just a few years ago, saving homeowners a significant amount of money on household bills whilst helping the environment.”

Comprising just 19 homes, the second phase of St. Modwen Homes’ Park View development reflects the traditional architecture of the local area and mirrors the external appearance of those houses in the first phase. Boasting larger than average living rooms and bedrooms along with large windows and high ceilings, all the properties benefit from spacious, open-plan living areas and offer an abundance of natural light. Each home comes complete with high-quality fixtures and fittings throughout, including designer Electrolux kitchen appliances and luxurious bathrooms.

Highlighting the popularity of the new homes at Park View, all the two bedroom properties have been reserved off-plan. Prices starting from £179,950 for an attractive three-bedroom home, of which only four remain for sale. Homes at the development are available under the Government’s Help to Buy scheme, under which purchasers require a deposit of as low as four per cent.

Neil said: “We’re delighted at the response to the new homes at Park View. The properties in the latest phase appeal directly to first time buyers and families with younger children, and boast an excellent location just minutes away from Cofton Park and just a few minutes’ walk away from the new Longbridge town centre. Having already sold nearly 50 per cent of the second phase of houses, St. Modwen Homes is committed to developing a sustainable community which appeals to first timer buyers and young families.”

Park View is situated off the tree-lined boulevard of Lickey Road, set against an attractive backdrop of the Lickey Hills Country Park. The vibrant city of Birmingham is just nine miles away, and can be easily accessed via a regular train service from Longbridge train station in under 30 minutes. Park View also boasts excellent access to the M5 towards Bristol, the M6 north to Manchester and the M42, which provides links to the M1 travelling south to London. Appealing to young families, there are several well regarded schools within the catchment area, including the popular Cofton Primary School.

The homes at Park View are part of St. Modwen’s £1 billion regeneration of Longbridge, one of the largest regeneration schemes currently being undertaken in the Midlands. The opening of the town centre later this year will bring St. Modwen’s investment to date to £250 million.

For more information visit the marketing suite, located off Lickey Road, which is open for visitors on Thursdays to Mondays, inclusive of the weekends, between 10am to 6pm. Alternatively, visit stmodwenhomes.co.uk.