New apartments for less than £61 per week

Home buyers searching in Blackburn, Burnley or Darwen will be pleased to learn that buying new can be a cheaper option than renting. Miller Homes is offering a stylish, new ‘Greenwich’ 2 bed apartment, at its ‘Woodland Park’ development in Darwen for the weekly equivalent of less than £61.

The ‘Greenwich’ 2 bed apartment is priced from £74,995 and is now offered with the Government backed ‘Homebuy Direct’ scheme. Using the scheme a new ‘Greenwich’ apartment will cost just £55,997 now. Typically a tracker mortgage of this value equates to paying less than £61 per week (£60.73p).

The Homebuy Direct scheme works by giving buyers that qualify the opportunity to purchase 100% of their home by paying 70% of the value now, with Miller Homes and the Government equally funding the remaining 30%. This 30% equity loan is in effect a deposit and only becomes repayable after 25 years or when the customer sells their home, whichever comes first. Another huge bonus of the scheme is that there is no interest payable on the 30% equity loan for the first five years.

The ‘Greenwich’ 2 bedroom apartment design is ideal for both first time buyers or those looking to downsize. The apartments are built in a small block of 9, in an ‘L’ shaped building, sheltering a light, airy common entrance and stairwell. This configuration promises a close-knit community that will share a common interest of neighbourly security. Inside the long open plan living area has an arch that subtly separates the kitchen and combines practical convenience with style. Outside there is private courtyard parking and landscaping.

With easy routes to the M65 and A666, Woodland Park is an ideal location for commuters. Attractive Pennine views make it a peaceful oasis to return to after a busy day. Darwen railway station is a few minutes walk away, as is the town centre which provides a good choice of shops, bars, restaurants and leisure facilities.

For the latest information, visit the ‘Woodland Park’ Marketing Suite and show home, off Anyon Street, Darwen, BB3 3AA. It is open Thursday to Monday, from 10.30am to 5.30pm. For more information visit Millerhomes.co.uk.