Cygnet apartments back by popular demand
First time buyers in Peterborough will be pleased to hear that the Cygnet style apartment is back by popular demand at David Wilson South Midlands’ Waters Edge development in Hampton Vale.
This stylish two- bedroom property proved a popular choice with first time buyers when they were first released as part of phase one of the development and now due to demand, the housebuilder has released ten more for sale.
Jackie Day, Sales Director at David Wilson, comments “The Cygnet is a modern and stylish property that is particularly suited to young professionals or couples. Offering a dynamic layout designed specifically to meet the demands of a modern and busy lifestyle, this design makes a great first home.
“And with prices starting from £130,995, they offer excellent value for money and an ideal opportunity to get a foot on the property ladder without overstretching purse strings.”
The Cygnet boasts an open plan kitchen and living area, two good size bedrooms, a stylish en-suite to the master bedroom as well as a colour co-ordinated bathroom.
Jackie adds “Buyers of this style can also take advantage of the great range of innovative buying solutions we are currently offering including HomeBuy Direct, the shared equity scheme from the Government that allows purchasers to move in for just 70 per cent of the asking price.
“HomeBuy Direct was introduced earlier this year in a bid to combat affordability issues within the housing industry and if taken advantage of, buyers could purchase the Cygnet style home for initially just £91,696.
“Shared equity deals like HomeBuy Direct are proving a popular solution for those struggling to save a big enough deposit to secure a mortgage and we are finding increasing numbers of first time buyers are using deals like these to help facilitate a move.
“There are just ten Cygnet apartments currently available to buy and I’m confident that with such fantastic prices not to mention the great range of deals on offer, these contemporary apartments will once again be in demand so I’m encouraging anyone contemplating the move into home ownership to do so now.”
Located on Spring Avenue, Waters Edge comprises a superb selection of two- bedroom apartments and three- and four- bedroom homes in a sought after waterside location.
The development benefits from a good range of local amenities including shops, public houses and schools whilst Peterborough and all its leisure and recreational facilities is close at hand.
The area benefits from an excellent road and rail network with travel time to London just 45 minutes on the direct line from Peterborough, making it a truly great location.
There are currently 10 Cygnet apartments available with prices starting from £130,995 this equates to £91,696 on HomeBuy Direct.
HomeBuy Direct is open to First Time Buyers, key workers and others who are currently renting. People who have previously owned a home but are now unable to do so – perhaps where relationships have broken down – can also apply.
Households eligible will be earning less than £60,000 and would not normally be able to afford to buy a suitable property on the open market. There is no interest to pay on the equity stake for the first five years, although a small fee will be charged from year six onwards.
For more information, visit during the opening hours of 11am-6pm, daily. Alternatively, log onto the website at dwh.co.uk.
