A gem of a home at Mandale Park, Thornaby
A new home with a difference is attracting interest at Mandale Park in Thornaby – and first-time buyers could move in with a deposit as low as £3,400, thanks to the new FirstBuy scheme.
The “Amber” is a real gem, offering the appealing features of a house, with living spaces arranged over two floors and your own front door, but at a similar price to an apartment.
This stylish 2-bedroom home is part of Barratt North East’s new Aspirations Range, which offers outstanding value for money.
It provides 566 sq ft of living space and features an entrance hall with cloakroom and a spacious, open-plan living room with dining area and fitted kitchen complete with oven, hob and hood.
On the first floor is a good-sized double bedroom, a second single bedroom and colour co-ordinated bathroom, plus useful storage space.
All Aspirations Range homes feature energy-efficient central heating, double glazing and high standards of insulation, and for added peace of mind buyers benefit from the exclusive Barratt five year guarantee on fixtures and fittings.
Barratt is offering a variety of helpful deals at Mandale Park, including FirstBuy, which is designed to give first-time buyers a route to home ownership at the lowest possible cost and with the lowest possible deposit.
The Amber is usually priced at £85,000 but the FirstBuy scheme brings the move-in price down to £68,000. Under the scheme, buyers will be offered a loan of up to 20 per cent of the price of the property, jointly funded by Barratt and the Government’s Homes and Communities Agency.
They have to find the remaining 80 per cent of the price themselves. Up to 75 per cent of this could be a mortgage, leaving a deposit of just five per cent, which amounts to £3,400 for the Amber.
Mike Roberts, Managing Director at Barratt North East, said: “We’re finding an increasing demand for houses rather than apartments and our new Aspirations Range designs are attracting a lot of interest.
“They offer contemporary, easy to maintain living spaces and represent excellent value for money. And unlike apartments, there are no management charges to worry about once you’ve moved in.”
He added: “FirstBuy is a great opportunity to buy a privately owned first home of your own.
“A lot of people will be eligible to take advantage – any household with a combined income of up to £60,000 qualifies – so I would urge anyone interested to contact us as soon as possible.
“We have limited availability in this area but we know that demand will be high because thousands of people have already pre-registered their interest on our website.”
More than 300 Barratt homes are now occupied at Mandale Park, which enjoys a convenient location with schools, shops and leisure amenities nearby, plus Thornaby’s new town centre and Teesside Retail Park. There are good bus services and the development is also within a few minutes’ drive of the A19.
For more information about the development, visit barratthomes.co.uk.
