Apartments selling fast at Merchants Quay
Homebuyers have been racing to secure a slice of life at Merchants Quay, Crest Nicholson’s latest development at Gloucester Docks, as 70 per cent of properties at the developmenthave already been snapped up.
First time buyers looking for a new home in the heart of this famous city centre location had better move fast, as some properties are sure to not be available for long – currently some of the apartmentsare on sale for just £92,225* thanks to the Government’s FirstBuy scheme.
The FirstBuy scheme was set up by the Government in March this year and allows eligible first time buyers to buy a new home with a loan of just five per cent, supported by a 20 per cent equity loan provided jointly by the Government and house builders. This means first time buyers looking to purchase at Crest Nicholson’s Merchants Quay may need as little as £4,611 to secure their waterside home.
Merchants Quay consists of a range of 48 stylish one and two bedroom apartments, in single floor or duplex style. The modern apartments feature spacious open plan living areas, with the duplex apartments offering buyers additional and contemporary mezzanine living space.Some apartments provide residents with roof terrace galleries, so they can admire the scenic backdrop of Gloucester Docks, which combines both historic warehouses and modern apartments.
The Docks has become a thriving area of Gloucester following the recent regeneration and properties at Merchants Quay have proven to be particularly popular with buyers – only the one bedroom apartments are remaining in this prime location.
Buyers will be spoiled for choice at Merchants Quay, with the one bedroom Astern apartments offering the perfect opportunity to step onto the property ladder. The Asternprovides a modern and bright living space complimented by a waterside view off the living room, in addition to a parking space. Meanwhile, the Stern one bedroom apartment features a large living/dining kitchen area with a good sized bedroom and separate bathroom.
Tim Ridges, Sales Manager at Crest Nicholson South West, commented: “We’re delighted with the response we’ve received from customers and potential buyers at Merchants Quay and are thrilled to have already reached the 70 per cent sold mark. The Docks are located at the heart of Gloucester and host a number of fantastic events throughout the year, such as the Tall Ships Festival, so there’s always something to see and do.
“Merchants Quay is ideal for young professionals, as it is set in the attractive surroundings of the historic Docks andenjoys close proximity to Gloucester’s bustling city centre, as well as excellent transport links to the M5. The fact that first time buyers can also take advantage of the FirstBuy scheme means our properties are very attainable dream homes.
“Our award-winning sales team are availableto talk to potential buyers about the different financial schemes Crest Nicholson currently has on offer and will help customers through the whole process of buying their brand new home.”
Prices at Merchants Quay currently start at £92,225 (FirstBuy price) for a one bedroom Stern apartment. For more information about the properties and the packages available at the Merchants Quay development, visit crestnicholson.com.
* Please check FirstBuy details with the sales team, as terms and conditions apply.
