New homes in Ampthill from just £159,960
First time buyers looking to secure a new home in Ampthill, Bedfordshire should visit The Limes during 10th and 11th September to learn about how they can secure a brand new apartment through ‘FirstBuy’. The new initiative enables buyers to purchase 80% of the full value of the property, meaning two bedroom apartments at the development are now available for just £159,960! The remaining 20% is paid by a shared equity loan funded by Storey Homes and the Homes and Communities Agency.
Mark Storey Director of Storey Homes comments: “This initiative offers an excellent opportunity for first time buyers to turn their dreams of owning their own home into a reality. The apartments at The Limes are ideal for young couples, offering spacious, modern homes designed to a high specification.”
To be eligible, the applicant’s household must earn less than £60,000 per year and be unable to finance a property in the area where they currently live or work. An equity loan of up to 20% of the property price will be provided meaning the purchaser only needs to arrange finance for the remaining 80%, which can be done by arranging a market rate mortgage in addition to the 5% deposit. The buyer can then purchase up to 100% equity of the property in installments after they have moved in, or proportionally share the remaining equity of the house when it is sold at the current market rate.
Perfect for first time buyers, The Limes offers a stunning collection of 26 two and three bedroom contemporary designed apartments, including three penthouses. Situated behind the Georgian style former headquarters of Mid Beds District Council which will be transformed to provide 10,000sq.ft of office space, the apartments are situated over the top three floors of the adjoining 1990’s building. Each property features floor to ceiling windows which provide a light and spacious atmosphere and enjoy views over the surrounding countryside.
Designed for modern living, the apartments are all open plan with lounge, dining and kitchen areas that are ideal for entertaining. The penthouses also enjoy large terraces that wrap around each property to provide extensive external living space and amazing views.
The specification afforded to these homes is unmatched, from the well equipped kitchens, fitted with high quality units and worktops and complete with a selection of built-in appliances as standard, to the luxury bathrooms furnished with hi-end white suites and chrome fittings. All apartments have underfloor heating and high quality flooring throughout. The master bedrooms have the advantage of stylish ensuite facilities adding a further touch of sophistication and the three penthouses benefit from large terraces.
The Limes is situated in a leafy, predominantly residential area, yet is only a few minutes’ walk from the town centre. All homes will have a full 10 year building warranty and will benefit from secured, allocated parking.
Ampthill is a historic market town located between Luton and Bedford. The town boasts several lively pubs, a wide variety of restaurants and a selection of small independent shops. For commuters to London, Flitwick station is just down the road, providing frequent services into London St Pancras in under an hour.
Prices at The Limes currently start at £159,960 through ‘FirstBuy’ for a two bedroom apartment. For further information, visit storey-homes.co.uk.
