Affordable family homes in Ebbw Vale
With house prices heading in the right direction for home owners, now could be a great time to invest in a superb value Redrow home in Ebbw Vale.
The quality housebuilder has just three competitively priced three-bedroom family homes remaining for sale on the latest phase of its Cae Ffwrnais development.
Attractively priced from just £134,995, families or couples in search of some extra space could not only move to a larger home but also one that experts believe will increase in value over the coming months.
According to the latest figures released by Nationwide, house prices have continued to rise into 2010, with January seeing an increase of 1.2 per cent on the previous month. The annual increase now stands at 8.6 per cent, which Nationwide predicts will rise to 10 per cent in February*.
Luly Brice, area sales manager for Redrow Homes, said: “These three remaining homes are ideal for families who are looking to trade up to a larger house while prices are still very affordable. The good news for those who choose to purchase now is that further house price increases are forecast for 2010.
“Another positive sign for buyers is an improvement in the number of mortgage approvals, so those who may have been hesitant about applying for a mortgage previously will hopefully now feel more confident.”
One semi-detached and two detached three-bedroom family homes remain for sale, each featuring a convivial open plan dining room and kitchen – perfect for sharing a family meal or entertaining guests, and an en suite to the master bedroom.
Luly added: “Cae Ffwrnais is situated in a picturesque location, right in the heart of the valleys and offers a perfect mixture of tranquillity and vitality.
“The regeneration of Ebbw Vale, including a new hospital, open university, sports facilities and railway station, means it’s an excellent time to invest in the area as there’s potential for these factors to further improve property values.”
To find out more about homes available at Caw Ffwrnais visit the sales office in Steelworks Road, Ebbw Vale, Thursday to Monday 10am to 5.30pm, or log on redrow.co.uk.
* Latest house price data: nationwide.co.uk/hpi
