First-time buyer flies the nest with Crest Nicholson
A recent survey conducted by The Office for National Statistics states that many young adults in their mid-20s and early 30s are finding themselves increasingly having to live at home, as the average age of a first-time purchaser buying without assistance is now a frightening 38*. The survey also states that one in three young adults who have not left the parental nest say they are still living at home because they cannot afford to get a toehold on the property ladder by buying or renting**.
However, one 24 year old purchaser at Crest Nicholson’s Vista development in Ipswich has beaten the trend and has managed to buy her ideal home an impressive fourteen years ahead of the pack.
By continuing to live with her parents in Ipswich until recently, 24 year old Laura Houston managed to save for a deposit for a stylish new two bedroom apartment at the Vista development close to the centre of the town.
Laura comments: “Although I liked living at home with my parents, I knew it was time to get my own place and I was in a fortunate position to be able to save up for a deposit. My brother had recently bought a flat on a development near by, and although not a new flat, as soon as I saw what he got for his money, I knew I had to look right away before prices started to rise again.”
Laura continues: “I looked around at a few different places but the quality wasn’t anywhere near as impressive as Crest Nicholson were offering and so I thought the extra money was worth it. I definitely see buying a property with Crest Nicholson as an investment and the apartment and development are perfect for me – it is close enough to town to be able to walk to work and the shops at the weekend, but it is far enough that you are not affected by the noise coming from the centre at night.”
Vista is a striking collection of one and two bedroom apartments and two, three and four bedroom houses. Set off Woodbridge Road it is close to Ipswich’s vibrant town centre. All homes are finished to the high standard associated with Crest Nicholson and properties are fitted with modern kitchens, complete with a range of integrated appliances including a stainless steel Bosch oven, hob and extractor hood along with an integrated fridge/freezer and washer/dryer. Bathrooms and en suites incorporate smart white Villeroy and Boch sanitaryware finished with contemporary chrome accessories.
Laura continues, “I had seen an advert for Vista in the local paper but just presumed it would be out of my price range as it’s such a striking development. Then, when driving past one afternoon I decided to pop in and take a look – as soon as I saw it I knew it was the place for me. Everything about the apartment is what I was looking for but I just didn’t think I could afford something so stylish, fresh and modern. I love the lay out of the apartment, the quality of finish, the fact that everything matches - it’s just perfect for me! Overall I was incredibly impressed with the level of detail to the interior and the customer service I received made me seal the deal immediately.”
Annette Cole, Sales and Marketing Director for Crest Nicholson Eastern, comments: “So many potential first time buyers stay living at home or end up renting because they think they cannot afford to get onto the property ladder. Crest Nicholson really do work hard at getting new purchasers on the property ladder and Vista is an excellent example where first time buyers can get more for their money and purchase a desirable property at an affordable price.”
Vista is just a 15 minute walk from Ipswich town centre, which offers a great selection of shops, cafes, restaurants and bars to cater for every taste. Just under two miles from the train station, the scheme also enjoys excellent transport links, with London Liverpool Street just over an hour away.
Prices at Vista start from £119,500 for a two bedroom apartment. For more information or to book an appointment, visit: crestnicholson.com
* timesonline.co.uk
** guardian.co.uk
