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Modern and traditional

Aug 16 2008

by Aranda Garrard, The Journal

 

BUYERS looking for a home in historic Alnwick can take advantage of a new initiative on offer this weekend at a stunning new development.

Countylife’s Malthouse fuses the town’s distinctive Listed kiln tower and mill with a striking contemporary extension to provide 33 two and three-bedroom luxury apartments over five levels. Apartment 8 at Malthouse is £180,000, however, with an exclusive Shared Equity Scheme, buyers need only pay £135,000 initially.

Apartment 8 is a stylish two-bedroom home with an open-plan feel making it ideal for modern living.

It features a fitted kitchen with integrated appliances and a good-sized bathroom.

The corner plot also has a private, south and west-facing patio which can be accessed from the living area and both bedrooms. It also comes with secure, designated car parking.

Malthouse has been created from the conservation of the remaining Grade II Listed buildings that were formerly The Maltings and Bolams Mill – the last survivors of the once important brewery and distillery business.

The design features a stunning glazed atrium, which links the Listed and new buildings, lift and walkways which provide a striking architectural statement for this unrivalled development.

Mike Pattison, managing director of Countylife, said: “Malthouse continues our tradition of creating exceptional homes in sought-after locations. This unique offer on Apartment 8 means that while buyers own 100% of the property, they need only initially pay £135,000 – 75% of the price providing they meet the terms and conditions of our exclusive Shared Equity Scheme.

“Put simply, when the property is resold, the buyer benefits from 75% of the increased value. However, the buyer may acquire the other 25% share to have 100% of the equity at any time.”

For information, go to www.countylife.co.uk, or call (01665) 600829.

 

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