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Flats in Colchester offer excellent value

22nd July 2010 Print
An artist’s impression of Taylor Wimpey’s Tamarinds development in Colchester.

Taylor Wimpey’s Easystart scheme lets first-time buyers secure selected Colchester flats at Tamarinds for just 85% of the purchase price.

First-time buyers are urged to take a closer look at the incredible deal on offer at Taylor Wimpey’s Tamarinds development of new homes in Colchester, where they could own a brand new two-bedroom apartment for as little as £106,246* – over £34,000 less than the price of a similarly-sized second-hand property in the area**!

The leading housebuilder’s amazing Easy Start initiative gives first-time buyers the chance to secure selected apartments for sale in Colchester for just 85% of the price – and with full purchase prices at this stunning development already thousands of pounds better value than a typical two-bedroom home in the CO4 postcode area**, this offer is bound to be popular with property seekers.

Under this incredible scheme, all the purchaser has to do is find a deposit for as little as 5%*** – just £6,250 – and Taylor Wimpey will help arrange a mortgage covering 80% of the price of selected Essex flats at Tamarinds. The housebuilder will then provide the remaining 15% equity in the form of an interest-free loan to boost the down-payment on the property, and which can be repaid in up to three instalments over a 10-year period.

Michael O’Leary, Regional Sales and Marketing Director for Taylor Wimpey, says: “Our fabulous two-bedroom apartments at Tamarinds are already incredibly good value for money – our full purchase prices are between £5,000 and £15,000 lower than comparable second-hand flats for sale in Colchester.

“And with Easy Start, first-time buyers who might otherwise be unable to raise enough money for a deposit on their first home can secure the home of their dreams for 85% of the purchase price – and bag the bargain of a life-time as well!”

The stylish two-bedroom apartments available at Tamarinds are the ideal choice for individuals or couples in search of their first home.

Each apartment benefits from a spacious lounge/dining room and open-plan kitchen, an en-suite master bedroom, a well-proportioned second bedroom and a main bathroom.

Selected plots have attractive bay windows to living areas and many homes feature Juliet balconies. All have an allocated parking space. Prices range from just £124,995 to only £134,995.

Like all new homes at Tamarinds, the apartments available now are completed to a high standard specification, including central heating, double-glazing and fitted kitchen with integrated oven, hob and hood.

The development enjoys an exceptional location, within easy reach of both Colchester town centre and the beautiful rural Essex landscape, which inspired old masters from Constable to Gainsborough.

Colchester is a vibrant town with a fascinating history, where you will find old weavers’ cottages in the charming Dutch Quarter, the historic Castle Museum and Castle Park, and a raft of art galleries and cutting-edge exhibitions as well as an eclectic selection of shops, bars and restaurants. A choice of schools for children of all ages is also close by, as are two universities.

The great British seaside is within easy reach, as the coast at wonderful West Mersea is just 10 miles away!

Nearby North Station provides regular services to London Liverpool Street in under an hour, while the M11 and Stansted Airport are easily accessible via the new A120.

To find out more about Easy Start apartments at Tamarinds, visit the Sales Centre and showhome in Tufnell Way, off Bergholt Road, Colchester, and open Thursday to Monday from 10am to 5.30pm.

*Based on 85% of full £124,995 purchase price.
**The average price for a two-bedroom property in the CO4 postcode area was £140,622 on July 11th 2010, according to home.co.uk.
***Subject to status. Terms and conditions apply.

More Photos - Click to Enlarge

An artist’s impression of Taylor Wimpey’s Tamarinds development in Colchester.