£15k earners can buy new in Stevenage

Salary earners of £15,000 a year or just under may be surprised to learn they can afford to purchase a new home thanks to leading rural housing provider, Hastoe Group. At its new development named Valyoo in Stevenage, apartments are available from as little as £35,100 for a 30% share based on a full market value of £117,000.

To put this into perspective, the cost per month to live in one of the fantastic new apartments at Valyoo is just £461.29. With average rental prices for a one bedroom apartment in Stevenage at £499* a month, purchases can make a small saving as well as investing in a property for themselves.

Mellissa Toomey, Head of Marketing and Communications at Hastoe Group comments: “This is a great opportunity for those with lower incomes to get onto the property ladder in Stevenage. There is a huge misconception in the market place that those on the lower end of the income scale cannot afford a property of their own. With shared ownership they can afford to purchase 30% of a property initially with the option to purchase more in the future should they wish.”

Providing just 19 one and two bedroom apartments, Valyoo is a small collection of new homes located among the greenery and open space of Stevenage. Designed to offer first time buyers flexible accommodation, apartments have open plan kitchen / living / dining areas which are ideal for relaxing and entertaining guests.

Each apartment provides a blank canvas from which purchasers can create their own unique living style. Fitted kitchens, energy efficient light fittings and alternative low cost eco-heating all come as standard.

Situated among the greenery and open space of Stevenage, residents will enjoy the combination of the original historic features of the town centre as well as the new modern facilities including a range of high street shops, restaurants and bars.

Nearby Stevenage railway station runs East Cost Mainline services to Cambridge and further north and frequent services into London Kings Cross with its Eurostar connections. Luton and Stanstead airports are about 15 and 28 miles away respectively.

For further information on the apartments, visit: hastoe.com

* According to nestoria.co.uk