New homes bring £778,000 investment for Worcester
Leading housebuilder Taylor Wimpey is investing over £778,000 in local community facilities as part of a major new homes development which is taking shape in Worcester.
Taylor Wimpey’s Diglis Water development is delivering 451 new homes together with retail and commercial units, recreation space and public infrastructure, including a Waterfront Park, a health and fitness centre, mooring opportunities and a new relief road.
The company is making financial contributions for the local area totalling £778,640, including £183,900 for education, £381,430 for highways and transport, £163,310 for recreation, play areas and open space, and £50,000 in additional community contributions which will benefit local people.
In addition, a selection of the new homes at Diglis Water are designated as affordable housing.
On top of these contributions, the development will bring additional investment to the local community through the New Homes Bonus initiative. Under this scheme, the Government match-funds the council tax raised from the building of each of the development’s 451 new homes, with the money provided directly to the local authority.
Anne Wallace, Regional Sales and Marketing Director for Taylor Wimpey, says: “Every single new home we build at Taylor Wimpey is part of a community, and we are committed to ensuring this exciting new development in Worcester offers much more than just high-quality properties for local people.
“Our investment of over £778,000 will help to improve educational, highways and transport and recreational facilities for the benefit of the whole Worcester community, ensuring that this sustainable new homes development will both complement and enhance the surrounding area, while also delivering much-needed affordable housing.”
There’s a selection of one and two-bedroom apartments available at Diglis Water, priced from as little as £124,995, while the three-bedroom ‘Marina D2E’ penthouse is priced at just £344,995. Several of the apartments are ready to move into.
The Help to Buy equity loan scheme is available at the development, enabling eligible first-time buyers and existing homeowners to secure a Government loan for 20% of the full price of their new home – meaning they only require a 75% loan-to-value mortgage and a 5% deposit.
The stylish waterside homes at Diglis Water are close to the bustling bars, fashionable restaurants and lively entertainment venues of Worcester, a thriving and modern city that boasts all the conveniences of 21st century living. Along the High Street, The Shambles and Broad Street, visitors will find a diverse selection of chain stores and boutiques.
Diglis Water’s Waterfront Park and floating river pontoon provide an attractive recreation space for residents and visitors, with appealing views over the river and meadows. A health and fitness centre is also located on site, while the many mooring opportunities are frequently full to capacity with narrow-boats.
Diglis Water lies just a short distance from junction 7 of the M5 for quick links to the M4, M6 and M45, while the new homes are less than 1.5 miles from Worcester’s two railway stations for services to Birmingham, London, Oxford and Bristol.
To find out more about the new homes at Diglis Water, property-seekers should visit the Sales Centre, located off Basin Road, Worcester, WR5 3GR, and open seven days a week from 11am to 5pm. Alternatively, visit taylorwimpey.co.uk.
