New homes in Ampthill from just £159,950

The new initiative enables buyers to purchase 80 per cent of the full value of the property, meaning two bedroom apartments at the development are now available for just £159,960! The remaining 20 per cent is paid by a shared equity loan funded by Storey Homes and the Homes and Communities Agency.

Mark Storey, director of Storey Homes said: “This initiative offers an excellent opportunity for first time buyers to turn their dreams of owning their own home into a reality. The apartments at The Limes are ideal for young couples, offering spacious, modern homes designed to a high specification.”

To be eligible, the applicant’s household must earn less than £60,000 per year and be unable to finance a property in the area where they currently live or work. An equity loan of up to 20 per cent of the property price will be provided meaning the purchaser only needs to arrange finance for the remaining 80 per cent, which can be done by arranging a market rate mortgage in addition to the 5% deposit. The buyer can then purchase up to 100 per cent equity of the property in instalments after they have moved in, or proportionally share the remaining equity of the house when it is sold at the current market rate.

Perfect for first time buyers, The Limes offers a stunning collection of 26 two and three bedroom contemporary designed apartments. Situated behind the Georgian style former headquarters of Mid Beds District Council which will be transformed to provide 10,000sq ft of office space, the apartments are situated over the top three floors of the adjoining 1990s building. Each property features floor to ceiling windows which provide a light and spacious atmosphere and enjoy views over the surrounding countryside.

Designed for modern living, the apartments are all open plan with lounge, dining and kitchen areas that are ideal for entertaining. The penthouses also enjoy large terraces that wrap around each property to provide extensive external living space and amazing views.

The specification afforded to these homes is unmatched, from the well equipped kitchens, fitted with high quality units and worktops and complete with a selection of built-in appliances as standard, to the luxury bathrooms furnished with hi-end white suites and chrome fittings. All apartments have underfloor heating and high quality flooring throughout. The master bedrooms have the advantage of stylish ensuite facilities adding a further touch of sophistication and the three penthouses benefit from large terraces. 

The Limes is situated in a leafy, predominantly residential area, yet is only a few minutes’ walk from the town centre.  All homes will have a full 10 year building warranty and will benefit from secured, allocated parking. 

Prices at The Limes start at £159,960 through ‘FirstBuy’ for a two bedroom apartment. For further information, please contact the Sales and Marketing Suite, which is open 10am until 5pm from Thursday to Monday, on 0845 223 2448 or visit www.storey-homes.co.uk