Prime properties for first time buyers

The number of first time buyers in the UK has dropped to the lowest point in a decade and with the average house price in London nearly £325,000, it’s tougher than ever to get a foothold on the property ladder*.

In spite of this current gloomy situation some developers, such as Higgins Homes, are launching a number of new developments which cater specifically for those seeking their first home.

Higgins Homes has provided stylish first time buyer homes for over 45 years, and the most recent development to launch, Prime, is a fantastic example of contemporary, yet affordable accommodation. Located close to public transport and green open spaces in the bustling London suburb of Hither Green, this development represents fantastic value for money.

Jeremy Marcus, Sales and Marketing Director, Higgins Homes, comments: “Prime is a quintessential example of what Higgins Homes is best known for; contemporary housing in an up-and-coming location, which is affordable for first time buyers. Hither Green and Lewisham have seen some recent infrastructure and retail investment, and the opening of the East London line and the Olympics next year should help develop the area further.”

Prime is a striking development of 60 studio, one and two bedroom apartments in the suburb of Hither Green, South East London. The building uses traditional red and buff brick work and gabled roofing to create a contemporary structure, which also draws on the local vernacular.

Each apartment is fitted with a contemporary kitchen from leading designer Symphony, which incorporates a stainless steel oven and hob, an integrated fridge/freezer and a washer/dryer. The bathrooms are fitted with white sanitary ware from Ideal Standard. Each property comes with an allocated parking space and access to communal bike storage.

Nearby Lewisham has benefited from recent regeneration and as a consequence has a thriving town centre with a range of high street shops and restaurants. Hither Green Train Station has regular trains to London Bridge which take just 13 minutes**.

Prices start at just £149,950 for a one bedroom apartment and £179,950 for a two bedroom apartment. For further information visit higginshomes.co.uk.

* Halifax figures January 2010 and Land Registry
** National Rail