St. Modwen Homes launches new residential phase at Locking Parklands, Weston-super-Mare

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By LucieSissone | Monday, April 15, 2013, 11:29

The

first homes in the latest phase of St. Modwen Homes' award-winning Locking

Parklands development have now been released for sale – giving househunters the

chance to be the first to view the new plans and make early reservations on

their favourite plots.

Already

experiencing a high level of demand, the new phase, The Meadows, will deliver

58 homes when complete, including two bedroom apartments and two, three and

four bedroom houses. As an added benefit, the properties are some of the first

homes in Weston-super-Mare (and the UK) to be made available under the

Government's Help to Buy scheme, which was announced in this year's Budget.

Under

the equity loan scheme, potential purchasers will be able to buy one of the

brand new homes for just 80 per cent of the listed price, made up of a 75 per

cent mortgage and a five per cent deposit, as the Government will lend up to 20

per cent of the property's value through an equity loan. This means

househunters could secure a brand new three bedroom house for just £134,360 (a

20 per cent reduction on the listed price of £167,950) and will need a deposit

of just £8,397.50.

Neil

Simpson, sales and marketing director at St. Modwen Homes, said: "Construction is

now well underway on this latest phase and we are expecting the first house to

be built complete and ready for someone to move in this autumn.

"The

Government's new Help to Buy scheme has the potential to save purchasers

thousands of pounds and we're extremely pleased to have not only launched the

initiative at Locking Parklands, but to have already taken reservations at The

Meadows under the scheme."

The

Meadows will be the first of St. Modwen Homes' developments in the UK to

showcase eight brand new house designs, including The Elm two bedroom terraced

house which boasts floor to ceiling windows and French doors leading to the

rear garden and The Holly four bedroom semi-detached townhouse which benefits

from a spacious balcony off the master bedroom. Househunters are now able to view

the architect's plans at the marketing suite on Farnborough Road where the

properties are available to purchase off plan.

Neil

said: "The Meadows will add a wider mix of properties to the existing portfolio

of homes, ensuring that Locking Parklands continues to grow as a sustainable

community, attracting people on all levels of the property ladder.

"These

new homes are being built to the west of our first phase of housing, The

Parkside, and will offer a range of properties primarily suited to first time

buyers and those looking for their second or third home. Working closely with

our architects, we have ensured that each residential phase offers something

unique to Locking Parklands; The Meadows boasts properties that have a certain

'holiday-home' feel, with pitched roofs, wood render and fenced gardens all

making them stand out in comparison to other new build homes."

Larger,

family homes are also available for sale in The Woodlands phase, with prices

starting from £219,500 for a three bedroom Maple property. More than 75 per

cent of homes have already been sold off plan in The Woodlands and it is

expected this trend will continue at The Meadows.

Locking

Parklands is being developed by the UK's leading regeneration specialist St.

Modwen working with the HCA and, when complete, the £400 million mixed use

development will provide a range of community facilities including retail

space, a library and a school – all of which will be with within walking

distance of the new homes being built by St. Modwen Homes, the residential arm

of St. Modwen. The nearest station, Weston Milton, is less than three miles

away and there is good road access to the M5 and A371, as well as

Weston-super-Mare town centre.

The

Locking Parklands marketing suite, located off Farnborough Road in Locking, is

open for visitors seven days a week between 10am and 6pm. For further

information please call the St. Modwen Homes sales team on 0844 243 4848 or

visit www.lockingparklands.co.uk  

 

      

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