2nd phase released at Queen’s Gate in Newmachar

Gladedale (North East Scotland) Ltd has released a second phase of luxurious refurbished apartments for sale on the site of the former Kingseat Hospital at Newmachar. And as an added boost for buyers, some of the spacious one and two-bedroom apartments are being sold through Gladedale’s new shared equity scheme – which means purchasers pay just 75% of the cost, bringing the cost down to around £180,000.

The second block of apartments, known as Birchlea, will be ready to move into this summer.

The original structure of the old hospital building has been retained, allowing Gladedale to create unique flats with their own character and Gladedale’s top specification finish.

Inside, the interiors have been completely renovated as can be seen in the stunning show flat, which comprises a spacious open plan living, dining and kitchen area, complete with French doors and huge sash and case windows which flood the space with light and overlook rolling fields.

The master bedroom has an ensuite shower room and there is a second bedroom with a separate bathroom.

Each of the flats also comes with an allocated parking space, set in wooded and landscaped surroundings.

Queen’s Gate Apartments offer stylish living in a quiet retreat surrounded by trees and rolling fields, yet just a few miles from Aberdeen’s city centre and the airport.

The wider countryside offers plenty of space for walking and cycling at weekends or evenings.

On the same site is Gladedale’s Queen’s Gate development, which has seen huge demand for the latest release of quality family homes, giving the whole area a community feel.

The nearby village of Newmachar has pubs and shops and there is also a nearby golf course. Local attractions include Kirkhill Forest, Pitmedden Gardens and Balmedie Beach, while Newmachar also benefits from good road links, a regular bus service and easy access to Aberdeen Airport.

Tracy Marnoch, Sales and Marketing Manager at Gladedale (North East Scotland) Ltd, said: “We are pleased to be releasing Birchlea, the second block of refurbished apartments, for sale. These are beautiful apartments and the added bonus of the shared equity scheme will help buyers climb the property ladder.

“The location of Queen’s Gate means it is ideal for commuters to Aberdeen or the surrounding towns and close to all the city centre has to offer, offering contemporary flats in a quiet countryside location. They are also ideal for people who are looking to downsize and move somewhere peaceful yet convenient.”

Prices at Queen’s Gate Apartments currently start at £196,995 for a one-bedroom flat with parking space.

The shared equity scheme allows buyers to pay just 75% of the price of their brand new home, while owning 100% of the property.

The outstanding 25% becomes an interest-free loan which is required to be repaid on the sale of the property or after 10 years.

There are a number of conditions – buyers can only buy one property under Shared Equity and no buy-to-let sales are allowed.

Purchasers must also use one of Gladedale’s approved mortgage brokers – but in most cases they won’t even need a deposit as the majority of the lenders will allow purchasers to borrow 100% of the 75% value.

The sales team at Queen’s Gate Apartments are on hand to answer any questions. The show flat and sales office are open from 11am to 5pm, Thursday to Monday.

For more information or log on to Gladedale.com.