Kelham Riverside

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City living made easy for first time buyers

November 06 2007

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SHEFFIELD first time buyers are being given a helping hand onto the property ladder at one of the city’s landmark residential developments.

Kelham Riverside, a £43m waterside development of luxury apartments is one of the city’s hottest new addresses. Situated in the historic conservation area of Kelham Island, the modern 1 and 2 bedroom apartments are designed to the highest specification and are centred around a large courtyard, surrounded by a range of bars, restaurants and shops.

Like most developments in the city you’d expect that only those with high incomes or buyers already well on the property ladder could afford a slice of luxury living at Kelham Riverside, well you’d be wrong.

Developer, The Raven Group is helping to make that first step into property more affordable and stress free by offering two special purchase deals exclusive only to the first time buyer market. Any first time buyer interested in purchasing at Kelham Riverside will be entitled to their 5% deposit paid or have £500 towards their mortgage for the first 12 months. Free independent financial advice is also available if required to ensure any inexperienced buyers have the right guidance in what can be a minefield of information.

Clive Wilding, director of The Raven Group said: “Buying property for the first time can be extremely stressful not to mention very expensive and making the right choice can often be a difficult decision. Kelham Riverside will be a thriving community and the ideal place for young professionals and first time buyers to put down roots and enjoy relaxing waterside living. It is becoming increasingly difficult for first time buyers to get on the property ladder and it’s for that reason that we’ve introduced these offers.”

19-year old Georgina Bell is one of the first people to take up one of these deals helping her to achieve the dream of owning her first home. After recently completing her A–levels Georgina felt the time was right to invest in her future and the prospect of living in a stunning city centre apartment and saving thousands of pounds was what attracted her to Kelham Riverside.

After getting a mortgage agreement on a one bedroom apartment Georgina opted to have her deposit paid and is due to exchange on her new home very soon. She said: “I didn’t think I’d be able to afford to live somewhere as stunning as Kelham Riverside. I’d been looking for a property for quite a while but I only had a small amount of savings, not enough for the deposits required on a lot of places, so I didn’t think I would be able to afford anything. This way I have been able to buy a gorgeous apartment and can use my savings to decorate it and to put toward my first few mortgage payments. ”

Once complete Kelham Riverside will create a long term village community in what is one of Sheffield’s most historic locations. Both the location and design of the development will appeal to discerning buyers of all ages and is ideal for those who want to live in a contemporary urban environment with peaceful waterside scenery and the added benefit of being close to the city centre.

Over the next few years as Kelham Island develops into a true urban village the location of Kelham Riverside will make it a unique place to live. With a great choice of bars and restaurants near by, a vibrant village atmosphere and the buzz of Sheffield city centre right on the doorstep, it offers an unrivalled and sophisticated lifestyle in what will be Sheffield’s most sought after city centre address.

Anyone interested in the exclusive first time buyer deals should visit the Show Suite and Sales Office now open at Prospect House, Alma Street Sheffield, Mon-Fri 10am -5pm or call 0114 2756830.

Media Contact: Paula Toole at Ledgard Jepson on 01226 732100 or paula@ledgardjepson.com

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