WHY A NEW HOME IN SOUTHPORT COULD BE EASIER TO AFFORD

HOUSE prices, interest rates, energy bills and renovation costs are key when it comes to buying a home, but when all things are considered a new home in Southport beats the average property.

Halifax research suggests the average house price is now £286,276 or 6.7 times the average salary. But for those looking for an affordable solution to modern living, a move to a new home at Balmoral Gardens in the Churchtown area could be the solution.

The Elan Homes development has a good range of properties available, with prices starting prices from £199,995 for a two-bedroom semi-detached Beeston.

A three-bedroom detached Marford is available from £284,995.

Elan regional sales director Marie Morris said: “House price to income ratios only tell part of the story as they don’t take into account the condition of a property and any potential repairs it may need or how much the energy bills are likely to cost. People tend to assume that a new build home comes with a premium price tag, but that’s not always the case. We have a choice of two and three-bedroom properties below the average house price.

“The Marford is already competitively priced but we’re offering buyers the chance to save more than £19,000 through a combination of a 5% deposit contribution and upgrades including flooring throughout, turfed rear garden and outside tap. Plus, there’s no need to budget for repairs and renovations, that an older property is likely to need. The HBF calculates that it costs around £70,000 to bring an older house to the same standard as a new build three-bedroom semi-detached home. If that wasn’t enough, there’s potential for further savings as new build homes are more efficient than older properties.”

The three-bedroom detached Marford is an example of how Elan’s homes are designed for modern living.

Both the lounge and the combined kitchen and dining room benefit from French doors that open out onto the garden, offering lots of natural light and helping make the garden an extension of the living space.

A convenient cloakroom completes the ground floor.

Upstairs, the en-suite to the main bedroom means the family bathroom serves just two bedrooms.

The incentive package of 5% deposit paid, flooring and turfed rear garden, is available on selected properties for a limited time only.

All of Elan’s homes achieve an Energy Performance Certificate B rating, meaning their eligible for “green mortgages”, available from selected lenders.

Moving to a home at Balmoral Gardens offers the chance to live within an established community, with a choice of schools rated good and outstanding nearby. Independent shops, tearooms and gastro pubs are within walking distance, while the beach is around five miles away.

Balmoral Gardens is open Thursday to Monday from 10am to 5pm. For more information about Elan’s homes in Southport see https://www.elan-homes.co.uk/developments/balmoral-gardens.