Redrow is working with Manchester City Council to provide around 450 homes in Moston and Harpurhey and is currently selling properties from three phases Hanson Gardens, Kenyon Gardens and Woodville Gardens.
A key aim of the project is to help people move out of rented accommodation and into a home of their own.
Gwen Rolfe and partner Simon Tansey are among those who have benefitted and were the 100th customers to legally complete the purchase of a home as part of the regeneration scheme.
The couple, who both have families from previous relationships, had been living in rented accommodation until they were in a position to be able to buy.
Gwen explains: “We spent a year looking at different properties and had created a wish list. Until we visited Woodville Gardens we thought we’d have to choose between having one less bedroom in a better area or move somewhere not so desirable. We knew straight away that the four-bedroom Thirlmere was the house for us as it’s big with spacious rooms and the location is ideal.
“We’re both in our 40s and didn’t want to spend the next 30 years working off a mortgage. Buying with easi:buy enabled us to take out an equity loan for up to 25% of the price. It meant we could maximise our income without having to compromise or lower our expectations.”
Location was important as they needed somewhere that was close to both families and that was commutable for Simon who works in Manchester city centre and Gwen who works in Salford.
Woodville Gardens is also within easy reach of North City District centre, home to a wide range of shops and a cluster of services including the North Manchester 6th Form College, North City Library, North City Family and Fitness Centre and the Factory Youth Zone.
Claire Jarvis, sales director for Redrow Homes (Lancashire), commented: “We’re delighted to be playing our part in the regeneration of North Manchester and to have helped so many people purchase a home here including Gwen and Simon. There are still plenty of opportunities for people to purchase a home of their own and at an affordable price. Selected properties are available via our easi:buy scheme which enables them to put off paying up to a quarter of the price with the help of an equity loan alternatively buyers could benefit from the new Help to Buy scheme which offers customers an equity loan for 20% of the price. If you’re thinking of buying a home in North Manchester then it’s time to talk to Redrow about how we can help.”
Sir Richard Leese, leader of Manchester City Council, said: “Despite an economic tide that is not favouring the housing market, the Moston and Harpurhey developments are providing true, high quality, high specification housing options for North Manchester and giving normal people the opportunity to fulfil the dream of buying their own home.
“Regeneration should help people fulfil their aspirations, and this development has provided an affordable route on the housing market that hasn’t been open to most for some time.”
Redrow has a good choice of homes available in North Manchester. Current prices start from £120,995 on the open market or an initial outlay of £90,747 with easi:buy or £96,795 with Help to Buy.
Between Hanson Gardens, Kenyon Gardens and Woodville Gardens, the show homes are open daily. For more information see www.redrow.co.uk or call 0161 312 2122 (Woodville Gardens).
Redrow Homes is one of the UK’s leading house builders, operating across England and Wales, with a strong emphasis on high quality family housing in prime locations. Its New Heritage Collection of family homes combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors. Established more than 35 years, the company has won numerous awards over the years. Redrow received a 5* Award in the Home Builder Federation (HBF) annual customer satisfaction survey in 2011, 2012 and 2013; collected the Silver award in the Large Housebuilder category of the 2012 What House? awards; and its ‘Share a little bit of joy’ campaign was named best marketing initiative at the 2012 Housebuilder Awards. Web: www.redrow.co.uk.