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Countdown To Sell-Out At Slough Apartment Scheme

Posted 2 December 2022 by Keith Osborne

Slough Urban Renewal is seeing continued success in the sale of the town-centre properties at Novus Apartments...

Developer Slough Urban Renewal has reported that just a few of the properties at Novus Apartments remain for sale – with only one one-bedroom property still for sale.

Every home at Novus Apartments has been built to a high specification, with Symphony kitchens and contemporary bathroom suites as standard. Amtico flooring is included in all living areas and fitted wardrobes are installed in all master bedrooms. Prices for the remaining homes for sale range from £252,500 to £340,000. The government-backed First Homes scheme is available here. Designed to help local first-time buyers and key workers onto the property ladder, it offers new homes at a discount of at least 30% compared to the market price – as a result, making deposits and mortgages more affordable. The discount will apply to the homes forever, meaning that generations of new buyers will continue to benefit every time the property is sold.

Novus Apartments comprises 64 studio suites, along with one- and two-bedroom units and it offers a central location within Slough town centre, situated on the former library site, which has been transformed into a thriving new destination. Alongside Novus Apartments is the UK’s first Moxy and Residence Inn double-decker hotel.

Slough Urban Renewal is the joint venture between Slough Borough Council and national urban regenerator, Muse Developments. Its general manager, Andy Howell, said: “We’re delighted that Novus Apartments is part of the early delivery programme and one of the first developments in the region to be able to offer the new government First Homes scheme. By offering a discount of 30%, we are able to open up these homes up to more first-time buyers and key workers, who are currently finding themselves priced out of the market. The new First Homes scheme makes homeownership more accessible to those starting on their home buying journey and we’re excited to be able to offer it here at Novus Apartments.”

Find out more about Novus Apartments from Slough Urban Renewal.

 

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