More than 30% sold on Persimmon Homes development in Newport
10 May 2016
A third of the houses at The Boulevards in Newport have been sold – just 18 months after going on sale.
At least one house is being sold every week at the former Panasonic factory site.
The development launched in October 2014 and has been hailed a huge success by sales managers.
Victoria Williams, head of sales at Persimmon Homes East Wales, said: “We have seen very high demand at our Boulevards development in Newport.
“This is a major development which will completely rejuvenate that piece of land and the area in general.
“At Persimmon Homes we pride ourselves on building good quality houses for a wide range of people, from first-time buyers to upsizing families to downsizing retirees. We have seen a real cross-section of people buying at The Boulevards.
“We still have a fantastic range of properties to sell, including the two-bed mid-terrace Alnwick style home and the four-bedroom, three-storey Leicester style property.”
There are initiatives available to help house hunters secure their dream move, including the popular Help to Buy – Wales scheme. Victoria said that more than 50 per cent of people buying with Persimmon since the start of 2016 have used the initiative, which makes it possible to buy a new-build house with just a five per cent deposit.
With Help to Buy, the Welsh Government provides an equity loan of up to 20 per cent, leaving a mortgage of just 75 per cent.
The Boulevards is next to Tredegar House and its 90 acres of beautiful parklands. The Grade I listed building is said to be one of the most significant late 17th-Century houses in Britain.