Affordable Dream Homes in Edgbaston
29-Jan-2008
This means they can purchase a stylish one-bedroom apartment in a superb location for just £113,000 – but would-be takers will have to be quick, as only three of these great value properties remain.
These three specially priced properties among Redrow's irresistible collection of apartments are ideal for those who want to live somewhere that perfectly balances the pace of city life while also providing culture, the arts and the countryside all on their doorstep, but who currently feel priced out of fulfilling their dreams?
Maxine Conway, area sales manager for Redrow Homes (Midlands) says: "This is a fantastic offer for potential buyers who want the best from a new home but may ordinarily feel priced out of the market. Due to the high quality of these reduced value market apartments and the prestigious location of Hemisphere, we're expecting them to be snapped up very quickly."
Birmingham residents have already taken advantage of this opportunity to own 100% of a great property at just 80% of the price. To qualify for one of the last three reduced market value apartments, buyers must put their name onto Birmingham City Council's Affordable Housing register, be employed, earn less than £25,000 a year if single and have a combined income of less than £40,000 a year if a joint couple. They must not own property elsewhere and must have no County Court Judgements against them.
Maxine says: "Once a potential buyer is on the affordable housing register we will then qualify them financially using our expert team of specialist mortgage brokers, who will assist them in obtaining the right mortgage for their home."
When the purchaser eventually sells their apartment on they will be required to sell to someone who is also on the affordable housing register, at open market value less the discounted percentage they received.
In addition to the three reduced value market apartments Hemisphere also offers a wide range of one and two-bedroom apartments that typically offer a flexible open-plan living area, generous bedrooms, some with en-suite facilities, and a parking space as standard.
Current open market prices at Hemisphere start at £149,950 for a one-bedroom apartment, while two-bedroom apartments are available from £189,950.
Just a mile-and-a-half from Birmingham city centre and located opposite Warwickshire County Cricket Club and near to Cannon Hill Park, which boasts ‘Green Flag' status and a conservation area that includes a five acre woodland, Hemisphere has something for everyone looking for a brand new stylish apartment in an irresistible location.
"All buyers at Hemisphere, whatever their status, can expect to live life on a completely different level," says Maxine. "With the glorious green surroundings of Cannon Hill Park and the prestige of being opposite a world famous cricket venue, yet with the centre of Birmingham so close by, Hemisphere home owners can have their cake and eat it too!"
It is not just the fantastic location that is attracting home hunters, Hemisphere is also appealing to those who want a stress-free lifestyle, with a 24-hour concierge service, and the fact that external maintenance and communal grounds are all taken care of.
The concierge is responsible for the general upkeep of the building and is always on hand to help out with a variety of services, such as taking delivery of parcels and helping residents with meter readings.
To discover the potential of Hemisphere, visit the marketing suite and show home at the development, off Edgbaston Road, open between 10am and 5:30pm daily, call 0845 676 0515or log on to www.redrow.co.uk/houses/view_by_development/91.
Or for general information about Redrow Homes and its fantastic developments log on to www.redrow.co.uk.
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