Family homes for under £120k in Leicestershire

Where can Leicestershire homebuyers purchase a four- bedroom home for less than £120,000? The answer- at Barratt North Midlands’ Regents Park development in Hamilton thanks to the new Government led Home Buy Direct scheme.

Home Buy Direct is a recently launched housing initiative which aims to make more affordable housing available to first time buyers, key workers and expanding families. With this scheme, purchasers initially purchase a home for just 70 per cent of the price, the remaining 30 per cent is funded by a joint Government and Barratt equity loan.

The region’s leading housebuilder has allocated 21 homes to the scheme at its Regents Park development on Sandhills Avenue in Hamilton, including four- bedroom properties in the styles of Glenfield and Gleneagle. These pleasing four- bedroom homes are ideal for families and include all the features needed to accommodate a modern family lifestyle.

James Poynor, Sales Director at Barratt North Midlands comments “Families eligible for Home Buy Direct could purchase a four- bedroom home for just £118,996- an unbelievable price which sounds too good to be true.

“Home Buy Direct is a fantastic scheme which can help first time buyers, key workers and families living in rented accommodation get a foot on the property ladder. It can also help families who have an annual household income of less than £60,000 move up the ladder.

“With a range of four- bedroom properties available to purchase on Home Buy Direct, I’m encouraging expanding Leicestershire families to come and find out more about how we can help facilitate a move.”

Regents Park is a superb collection of four- bedroom homes in an emerging community on the outskirts of Leicester city centre.

Hamilton itself benefits from a range of amenities including schools, shops and a large Tesco store whilst Leicester is easily accessible via car and public transport.

Prices at Regents Park start from £169,995 for a Glenfield and a Gleneagle, £118,996 with Home Buy Direct.

For more information, visit Barratthomes.co.uk.