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New homes in Oldbury with just a £3,400 deposit

24th May 2011 Print
An artist’s impression of the two-bedroom ‘Woburn’ at Taylor Wimpey’s Cedar Drive development in Oldbury.

Selected homes at Taylor Wimpey’s popular Beresford Grove and Cedar Drive developments of property for sale in Oldbury are available for 85% of the purchase price under easystart shared equity.

First-time buyers are being offered all the help they need to step on to the West Midlands property ladder – with special incentives designed just for them at Taylor Wimpey’s Beresford Grove and Cedar Drive developments of houses and flats for sale in Oldbury.

The leading housebuilder’s amazing easystart shared equity initiative is available to aspiring home-owners at these two stunning developments of property for sale in Oldbury – meaning they can secure selected plots for just 85% of the purchase price, with just a 5% deposit, subject to status.

At Cedar Drive, for example, the delightful two-bedroom Plot 25 ‘Woburn’ property in Oldbury, priced from only £124,995, is available for just £106,246 with easystart – with a deposit of as little as £5,312!

Alternatively, a selection of apartments for sale in Oldbury including the two-bedroom Plot 26 ‘Eltham’ apartment at Beresford Grove is priced just £67,996 with easystart, with as little as £3,400 required as a deposit.

Under easystart, Taylor Wimpey provides 15% equity toward the new home as an interest-free loan repayable in up to three instalments over a 10-year period at the market value of the property when payments are made.

Jan Titley, Regional Sales and Marketing Director for Taylor Wimpey, says: “Our first-time buyer incentives are a must for anyone hoping to step onto the property ladder in Oldbury.

“First-time buyers can own a brand new home at Beresford Grove and Cedar Drive with a deposit of just 5%, subject to status. With easystart, qualifying customers receive a 10-year equity loan covering 15% of the purchase price of their new home, enabling them to gain an 80% mortgage without having to save a large deposit.”

The stylish two-bedroom ‘Eltham’ apartment at Beresford Grove features a spacious open-plan living/dining room and contemporary fitted kitchen, perfect for relaxing or entertaining, while the master bedroom opens through French doors to an attractive private balcony. A second good-sized bedroom and a main bathroom are located off the hallway.

Meanwhile, the two-bedroom ‘Woburn’ at Cedar Drive is a perfect house for first-time buyers, with a large lounge opening through French doors to the private rear garden. A modern kitchen and handy guest cloakroom complete the downstairs layout, while upstairs, the landing leads to two well-proportioned bedrooms and a main bathroom.

Alternatively, selected four-bedroom homes at both developments are also available with easystart shared equity.

Beresford Grove and Cedar Drive both enjoy handy locations less than a mile to the east of Oldbury town centre.

Just a short walk away are a wealth of high street shops, pubs and eateries, day-to-day essentials such as doctors’ and dental surgeries, plus a good choice of schools for children of all ages.

Historic West Smethick Park is close by, and boasts a children’s play area, allotments, a pavilion and changing rooms, youth games facilities and sports pitches.

Birmingham city centre lies only five miles from home and can be easily reached by car or public transport, with buses running every 10 minutes and a choice of railway stations with frequent services to Birmingham Snow Hill and New Street within walking distance of the development.

Commuters will appreciate that Junctions 1 and 2 of the M5 are only a short drive away, providing quick links to the M6, the M42 and the M40, while the Midland Metro tram link makes journeys to Wolverhampton and Birmingham even easier. For those travelling further afield, Birmingham International Airport is just over 20 miles away.

To find out how much they can save, first-time buyers should visit Beresford Grove Sales and Marketing Suite, off Seymour Road, Oldbury, and open seven days a week from 10am to 5pm, or Cedar Drive Sales and Marketing Suite, off Rood End Road, Oldbury, between 10am and 5pm, Thursday to Monday.

More Photos - Click to Enlarge

An artist’s impression of the two-bedroom ‘Woburn’ at Taylor Wimpey’s Cedar Drive development in Oldbury. An artist’s impression of the two-bedroom ‘Eltham’ apartment