Flex your buying power & your living arrangements in Hinckley
The sky’s the limit for Hinckley home buyers hoping to do their level best to get on to the housing ladder.
Only available on new build homes, the Government-backed Help to Buy equity loan scheme enables buyers the chance to secure a property with a 5% deposit and 75% mortgage.
Designed to make home ownership easier to afford, Help to Buy is on offer at Park View, where current availability includes one-bedroom apartments and four-bedroom homes from Redrow’s sought-after Heritage Collection.
Among them is the Kenilworth townhouse which offers versatility and value, with much more house for your money than many other four-bedroom rivals. Its ‘rooms in the roof’ formula gives it a whole extra floor of living space.
Pauline Turnbull, sales director for Redrow Homes (Midlands), explains: “Official figures show that those who bought their first home last year could afford more than an entry-level property. In our experience this means that people may already have children when they buy their first home or are looking ahead and buying a family-sized property using Help to Buy.
“It may not be the typical starter home, but the Kenilworth at Park View is ideal for those who want a flexible first home that meets both their current and future housing needs. Because we’ve built up instead of out, making the most efficient use of the footprint of the land, it offers fantastic value; and the availability of Help to Buy makes it an even more attractive prospect.”
The Kenilworth is available from £239,995 or only £191,996 with Help to Buy. The lower price includes a 5% deposit of £12,000 and a mortgage for £179,996 (75%). The balance of £47,999 (20%) is covered by the equity loan, which is interest free for five years.
On the ground floor of the Kenilworth is a lounge which spans the full width of the property and overlooks the rear garden. It’s complemented by a large and airy open plan kitchen and dining area, a cloakroom and a handy laundry area. On the first floor are three good-sized bedrooms and a bathroom.
But the piece-de-resistance of this property has got to be the palatial top floor master suite, a spacious bedroom with en-suite, ‘hidden away’ from the hustle and bustle of the rest of the house in what would normally be redundant roof space.
Those who perhaps don’t need all four bedrooms, could use the top floor as a study, where home workers can concentrate away from distractions; a home gym complete with shower; or a guest suite for when friends and family come to stay.
The new homes at Park View are being built close to the green spaces and sports pitches of Clarendon Park, while there are local shops on Rugby Road to cater for homeowners’ daily needs. The town centre is within walking distance, offering a wider choice of shops, plus regular markets.
The local train station is just a five minute drive or 15 minute walk away. Trains whisk passengers to Leicester in under 20 minutes, Birmingham in 35 minutes and Coventry within an hour. Even London can be reached inside 90 minutes, including driving to the station.
Show homes at Park View are open daily from 10am to 5.30pm. For more information call 01455 698229 or see www.redrow.co.uk/parkview.
Redrow was established in 1974. Today, it is one of the most successful and acclaimed property developers in the UK, building around 5,000 premium quality family homes a year in prime locations across England and Wales. Over Redrow’s history spanning more than 40 years, it has earned a unique reputation for quality and building beautiful homes, which people love to live in. To help achieve this it also focusses on two other key areas: valuing people and creating outstanding locations. Implementing its strategy whilst engaging with colleagues and stakeholders helps Redrow deliver significant value to investors and the wider community. Redrow is listed on the London Stock Exchange and is a constituent of the FTSE 250 index. For the year ended 30th June 2016, the Group reported record revenues of £1.38 billion. Redrow has been awarded the ‘Best Large Housebuilder’ title twice in the last three years at the What House? Awards. This year, Redrow was named as a UK Top 100 Apprenticeship Employer for the fourth consecutive year. Visit redrow.co.uk for more details.