Lovely view this isn’t it. The best part? It’s affordable.
This is one of our Smokehouse buildings; two beautiful structures standing by the side of the Tyne in North Shields, giving residents awesome views across the River and over to South Shields.
We’re selling one, two and three bedroom apartments there with prices from just £125,000, and there’s Help to Buy* available too meaning that you could buy one of these homes with just a 5% deposit.
How you ask? Well imagine we met Abby, a nurse earning £25k per year. Abby wants to purchase a 1 bed Smokehouse apartment and thanks to Help to Buy she can.
Smith’s Dock is a former historic shipyard which is now being regenerated into hundreds of homes, workspaces, leisure facilities and public areas – it’s fast becoming a bustling neighbourhood and an amazing community to be a part of. As well as our Smokehouses, we’re also on the market right now with our George Clarke designed Fab Houses, ten special edition modular homes which offer 1000 sq ft of space – including three bedrooms – over two storeys as well as a garden.
Help to Buy’s available on these homes too; so imagine we had a couple – let’s call them Mark and Jaz – earning a combined salary of £55,000.
The couple would typically need a deposit of £12,250; if eligible, they would then receive a £49,000 Government loan through Help to Buy and a mortgage of £183,750.
So, if you’d like to own your own home at Smith’s Dock, we’d love to show you around and tell you more. There’s more information about Help to Buy below and you can contact our lovely onsite sales colleague Rose Miller or call her on 0191 580 7999. See you there soon…
*The important bits about Help To Buy:
The Government has created the Help to Buy scheme to help people like you take steps to buy your own home. Whether you want to get onto the housing ladder or move up it, Help to Buy makes it possible to buy a new-build or existing home priced up to £600,000 with as little as a 5% deposit.
Who to contact next?
Help to Buy NEYH - Help to Buy NEYH is the Help to Buy agent for Help to Buy: Equity Loan at Smith’s Dock, acting on behalf of the government and the HCA. Help to Buy NEYH will assess your eligibility for Help to Buy, and process your application.
0113 825 6888