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Great Westerm Wharf



Great Western Wharf


Great Western Wharf development is situated off Corporation Road and Willenhall Street in Newport. The properties were constructed by Taylor Wimpey in 2008/9.  We currently have four properties available that have come back to the market for re-sale or rent (details outlined below).


Properties Available

Click on the property links below to view photographs:
 

FOR SALE AND/OR RENT:

4 Argosy Walk, Newport NP19 0LL (2-bed 'Hawthorn' apartment)

3 Argosy Walk, Newport NP19 0LL (2-bed 'Hawthorn' apartment)

                                                                           

 - To view the original site plan click HERE

 - To view the original scheme brochure click HERE (.pdf,1.5mb)


PURCHASE PRICES

House Name House Type Price Equity Share
Hawthorn two-bed apartment
£72,150
(OMV - £95,000)

 

76%


OMV = Open Market Value

The equity value stated above is based on the Open Market Value of the property at the time of publication. This may be subject to change in line with current market conditions which will also affect the equity split.


T
o purchase a property you will need to secure a mortgage for the amounts shown above. For example, you will require a mortgage for £72,150 to purchase a Hawthorn type apartment and based on the open market value of the property being £95,000, you will retain a 76% equity share.  You will own the property outright but United Welsh will secure a Second Charge over the property for its 24%.  You do not pay United Welsh rent on its equity share.


If you do not have enough savings for a deposit, or you are unable to obtain a mortgage in the current climate, then why not ....

                                     'Try before you buy'

Selected properties at Great Western Wharf are also available to rent for a period of up to 2 years through the 'Try before you buy' scheme.  During, or after which you have the opportunity to purchase the property on a shared equity basis (as illustrated above) and receive a 10% cashback payment based on the rent you have paid.

Property Type Monthly Rent
Hawthorn (2-bed apartment) £485
(includes service charge)

Example:
If you rent a two-bed apartment at £475 for 24 months and then take the option to buy, you will receive £1,140 CASHBACK!
 

Want to apply?

If you are interested in purchasing a property, in the first instance, please contact a member of our Homes within Team at United Welsh, tel: 02920 858165, to request an Application pack.  Please note, viewings will only be arranged for qualifying applicants.

If you are interested in initially renting a property, with a view to purchasing it within or after 24 months, please contact  our agent: Hathways, tel: 01633 870777

 

 

Have you registered with homeswithinreach yet?

 

 

 

  Homes within reach is a low cost home ownership scheme that provides assistance to eligible first-time buyers trying to get onto the housing ladder. The scheme is administered by a group of housing associations spread across Wales.