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Detached living for first time buyers in Smethwick

31st March 2009 Print
Detached living for first time buyers in Smethwick Smethwick first time buyers can snap up a designer one bedroom ‘Leamington’ coach house – highly unusual in that it’s detached - for just £67,500 thanks to an innovative scheme from George Wimpey West Midlands.

What’s more, the ‘Leamington’ has its own private entrance and an allocated parking space, plus it’s open plan for the ultimate in contemporary living.

At Victoria Gardens (a prestigious development of 68 premier homes on the former North site of the famous Cape Hill Brewery) you can snap up this bargain and ideal first home via the ‘EasyStart’ scheme that means you pay just 75% of the price now!

The buyer contributes a 5% deposit and secures a mortgage on the remaining 70%, George Wimpey then steps in by providing a rent and interest-free loan on the remaining 25% of the purchase price for up to ten years. From day one, the purchaser owns 100% of their new home for 75% of the price.

Carol Edwards, sales and marketing director for George Wimpey West Midlands, says: “The purchaser owns 100% of the property straight away and is free to make payments during the 10 years period to suit their individual circumstances – this could mean up to three smaller payments, repaying the total amount early or waiting until the end of the period.

“We firmly believe that this is just the sort of simple and effective scheme that buyers are looking for at the moment and we’re expecting a great deal of interest from those keen to get a move on and onto the property ladder at long last.”

The entrance to Victoria Gardens is just off Cape Hill (A4092), which is a major route within the area and leads to the main shopping area to the west and onto Dudley Road (A457) to the east. Areas of open space are proposed within the development to retain a sense of open expanse and softening to the build form – and these green pockets will provide character and further improve the quality of the public realm.

In short, Victoria Gardens fully embraces the Government’s urban design vision of ‘continuity’ (a place where public and private space are clearly distinguishable), ‘legibility’ (a place that has a clear image and is easy to understand), ‘commutability’ (somewhere that’s easy to get to and move through), ‘adaptability’ (a place that can easily change) and ‘diversity’ (somewhere with variety and choice).

Other availability at Victoria Gardens includes three bedroom semi detached homes with garage from only £145,995 and four bedroom townhouses with garage from just £154,995.

For more information, log on to Georgewimpey.co.uk.

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Detached living for first time buyers in Smethwick