Modern living at Blenheim Park
David Wilson Homes has launched its eagerly awaited two bedroom apartments at the Tangmere development, Blenheim Park with prices starting from just £124,500 when purchased through the HomeBuy Direct scheme.
The two bedroom apartments in Hampton House offer spacious modern living, boasting an en-suite to the master bedroom as well as an additional bathroom. Prices have an asking price of £166,000 but as you only need a mortgage for 70 per cent of the asking price with HomeBuy Direct, you can move in for just £124,500.
Sales director Mark Docherty said: “Interest in the apartments has been high for months so it’s a very exciting time to be able to release them for reservation. Blenheim Park is a superb development giving buyers excellent value for money just outside Chichester yet close enough to all the amenities the city has to offer.”
With the apartments boasting two bathrooms, not only are they perfect for couples vying for bathroom time but also a great choice for friends wanting to get out of the rental trap and purchase a home together.
“Friends buying together is extremely popular at most of our David Wilson Homes developments. It’s a viable option many don’t consider, when in reality pooling deposit funds and buying together is a sensible choice,” said Mark.
“Completions for purchases through the HomeBuy Direct scheme must be by September so we are urging anyone interested in the scheme to show their interest now and not miss out.
“The scheme really is perfect for people who have been priced out of the housing market for years and can take advantage of this outstanding opportunity to buy a new home.
“The initiative 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,” continued Mark.
“Eligible households will have an income of up to £60,000 and would not normally be able to afford to buy a suitable property on the open market,” he added.
Buyers can redeem the loan in instalments, purchasing up to 100 per cent of the equity after their initial purchase by buying additional equity at the market rate. Alternatively, if they sell their home, the equity loan is repaid by way of a proportionate share of the sale proceeds. Buyers must have at least five per cent of the 70 per cent to use as a deposit.
Blenheim Park is built on an old RAF airfield, which played a pivotal role in the Battle of Britain, and the homes boast distinctive brickwork which blends in well with the local surroundings,” Mark continued. “It’s an ideal base for commuters as the A27 is minutes away, offering an easy commute to Gatwick, Brighton and Portsmouth.”
When complete, Blenheim Park will offer a selection of apartments, coach houses and houses. The development lies close to countryside and just three miles north east of the city of Chichester, which dates back to Roman times.
The city offers a wealth of special events throughout the year and its harbour is a haven for yachting enthusiasts. The nearby South Downs becomes a hive of activity in July, when Goodwood Racecourse hosts ‘Glorious Goodwood’, a highlight of the summer sporting calendar.
For further information on Blenheim Park please visit or call the sales office, open from 11am to 6pm Thursday to Monday.
