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Redrow meets demand for new apartments in Tonbridge

25th January 2012 Print
Redrow Homes

Apartment buyers can have their pick of the prime positions and reserve early on a brand new phase of homes in Tonbridge.

Redrow Homes has relaunched sales at its Cannons Wharf development, along the banks of the River Medway, and the first of the new apartments will be ready to move into in Spring.

Lesley Stringer, sales director for Redrow Homes (Eastern), said: “Due to strong demand we have released a number of apartments for sale early in the newest phase at Cannons Wharf.

“Cannons Wharf is an established development being built in a number of stages. Our previous phase sold out in the summer last year and we have not had properties available for sale since then, so there has been a period of time where the demand for new homes has built up here. We are excited to now be at a stage where we can start to meet that demand.”

The former sales office and show apartment has reopened so purchasers can view the high specification interiors and layouts.

Prices start from £141,950 for one-bedroom apartment and from £196,950 for two-bedroom apartment.

Increasing the appeal for first time buyers, 12 of the apartments will be available to purchase through the Government FirstBuy scheme. It provides would-be home owners with an equity loan for up to 20% of the full price but buyers own their entire home from day one.

Lesley added: “FirstBuy makes buying possible for many who thought the credit squeeze had priced them out of the market. The interest free loan is jointly funded by us, the developer, and the Government. It means you can experience the joy of owning 100% of your first home but pay a smaller deposit and have lower monthly mortgage repayments.”

First time buyers or those wanting to return to home ownership can apply providing their household earnings are less that £60,000 a year.

It means a one-bedroom home priced at £141,950 can be purchased for an initial outlay of just £113,560 with FirstBuy.

A deposit of 5% of the property price could be all you’ll need and the loan can be paid back when you have more funds available or come to sell.

The apartments are a great choice for professionals, couples, investors or downsizers who want to be within 35 minutes commuting distance of London.

Designed for modern living, they offer open-plan living areas and fabulous fitted kitchens with an array of appliances included, plus a clean and contemporary family bathroom with high quality fixtures and fittings. Many of the two bedroom designs have en-suite shower rooms to the master bedroom and most have French doors leading out onto balconies.

Cannons Wharf offers commuters an ideal retreat from the hustle and bustle of city life, within easy reach of the M25 and M20 via the A21, providing great links to London and the coast.

Tonbridge town centre, with all its amenities including shops, cafes, restaurants and supermarkets, is just a short walk away; as is Tonbridge train station, which has direct links to London Bridge station in around 35 minutes.

For further information, visit redrow.co.uk.

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Redrow Homes