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It pays to invest in a new property in Cambourne

7th February 2011 Print
Crofton

Taylor Wimpey’s Family and Friends Advantage scheme offers generous returns for those who can help loved ones with their deposits at its Churchill Gardens development of new homes in Cambourne, Cambridgeshire.

First-time buyers who know someone willing to help with the deposit on their first home – or those in a position to support someone close to them – will want to find out about the fantastic Family and Friends Advantage scheme at Taylor Wimpey’s Churchill Gardens development of property for sale in Cambourne.

The leading housebuilder has made this lucrative investment opportunity available on selected two and three-bedroom properties to buy in Cambourne at this sought-after Cambridgeshire development.

Under the rewarding scheme, family members or friends placing a deposit up to 20% of the value of qualifying homes for sale in Cambourne at Churchill Gardens on behalf of the buyer will receive a generous 5% return on their investment every year for five years.

For example, a 10% deposit of £15,000 on a stylish two-bedroom ‘Rye’ coach house-style apartment, priced at just £149,995, will earn an annual £750 and a five-year total of £3,750 – that’s a quarter of the investment amount!

Stacy Dornan, Sales and Marketing Director for Taylor Wimpey East Anglia, says: “With interest rates continuing to languish in the doldrums, our Family and Friends Advantage is a fantastic alternative for those in search of a profitable alternative to a relatively low-yield savings account – while helping a loved-one secure their dream property in Cambourne.

“Thanks to its fantastic location, superb transport links and great-value prices, Churchill Gardens is a popular alternative for those in search of new homes in Cambridge.

“However, investors hoping to make the most of this generous scheme should hurry to get in touch, because Family and Friends Advantage is available only on a strictly limited number of two and three-bedroom properties for sale in Cambourne at Churchill Gardens, and won’t be on offer for long.”

The centrepiece of the ‘Rye’ is the spacious lounge/dining room with open-plan fitted kitchen, while two good-sized bedrooms and a bathroom can also be found off the landing. Outside, a drive-through leads to an integrated garage.

Unlike many apartments, the ‘Rye’ benefits from its own private front door and entrance hallway leading up to the generous first-floor accommodation.

Alternative properties suitable for first-time buyers include the stylish two-bedroom ‘Douglas’ terraced house, priced from just £159,995, and the fantastic ‘Crofton’ three-bedroom townhouse, priced from as little as £214,995.

Cambourne, nine miles west of Cambridge, is a brand new community which will offer a range of local amenities within walking distance of Churchill Gardens, including two primary schools and a nursery, a library, a multi-purpose sports centre, playing fields and play areas, a multi-denominational church, a hotel and a medical centre.

The community is also home to a selection of high street shops, a supermarket with petrol station, a choice of restaurants, a pharmacy, a dry-cleaners and a convenience store. The Cambridge Belfry Hotel is a short walk from the development and offers a swimming pool and leisure facilities, and a wider range of amenities can be found in nearby Cambridge.

For commuters, the A14 is a short drive from Churchill Gardens, with the M11 also within easy reach. St Neots railway station is seven miles from Cambourne, putting the capital just an hour away by train.

To find out more about the Family and Friends Advantage scheme at Churchill Gardens, first-time buyers can visit the Sales Information Centre, located off Sterling Way, Cambourne, and open daily from 10am to 5pm (Mondays 1pm to 5pm).

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Crofton