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Great-value starter homes in Norwich

8th February 2012 Print

Aspiring homeowners are being urged not to miss out on a fantastic opportunity to step onto the property ladder at NR1, Taylor Wimpey’s development of apartments for sale in Norwich.

The Government-backed FirstBuy scheme lets qualifying purchasers secure selected new build homes in Norwich at NR1 for just 80% of their full purchase price – including a deposit as low as 5%, subject to status.

Under FirstBuy, for example, a stylish one-bedroom property in Norwich can be accessed by an eligible first-time buyer for 80% of its £147,995 price tag – that’s just £118,395 – while a stunning two-bedroom apartment, priced at £177,995, can be accessed for only £142,395 with FirstBuy.

Taylor Wimpey and the Homes and Communities Agency (HCA) will boost the purchaser’s down-payment with a joint loan of 20%, which is repayable at the end of the 25-year mortgage term, or when the property is sold. To be eligible for FirstBuy, customers must be first-time buyers with a combined household income below £60,000.

Stacy Dornan, Regional Sales and Marketing Director for Taylor Wimpey, says: “FirstBuy offers first-time buyers an easy way to access new build apartments in Norwich, because it eliminates the need for the hefty deposits that most lenders are still insisting upon and would take years for most people to save up.

“However, with this amazing incentive available on a strictly limited selection of properties for sale in Norwich at NR1, now is the time for aspiring home-owners to take advantage of FirstBuy – before someone else beats them to it!”

The gorgeous two-bedroom ‘Nelson’ apartment at NR1, priced from just £177,995, or just £142,395 with FirstBuy, features a contemporary open-plan kitchen and spacious living/dining room opening through patio doors to a large private balcony, plus two well-proportioned double bedrooms, one with en-suite facilities and the other with patio doors to the balcony. There’s also a main bathroom and handy storage closet located off the internal entrance hallway.

Alternatively, the delightful one-bedroom ‘Sewell’ apartment is priced from just £147,995, or £118,395 with FirstBuy, and also features patio doors from both the beautiful open-plan living room and the bedroom to a spacious balcony.

Superbly located in landscaped surroundings and appointed to present fantastic views over the River Wensum, NR1 offers city living at its best.

Norwich city centre, just over a mile from the development, offers a wide choice of shopping including its famous market, pubs, bars and restaurants, while the home of Premier League football club Norwich City is just a stone’s throw from the development.

Home to the renowned University of East Anglia, the city also has a thriving cultural life, with several theatres as well as arts and live music venues.

For commuters, Norwich station is a short stroll away from NR1 with frequent services to London, Peterborough, Cambridge and the seaside towns of Great Yarmouth, Lowestoft and Sheringham, while the A47, A11 and A140 provide excellent road routes north, south, east and west.

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