On Trend Ochre Yards Is Appealing To Young Professionals Setting Up Their First Home

Overlooking Newcastle's Quayside, Bellway's Ochre Yards development is a magnet for young people wanting to set up their first home and take advantage of the benefits of home ownership opposed to renting a property

Sales advisor, Lindsey Murray, said: “Ochre Yards is a very trendy development that appeals to a lot of city professionals wanting to establish their first home in a secure and contemporary designed development, but still enjoy the bright lights of Newcastle with its popular bar and restaurant scene.” Bellway has now released its final block of new build apartments offering buyers a choice of one and two bedroom apartments across ground, first, second and third floors which start in price from £117,995 and range in size from 514 sq ft to 819 sq ft. All apartments include an allocated parking space and secure video entry phones. All apartments feature an entrance area leading to a living/dining area.

The kitchen includes all major appliances with plumbing for a washer/drier provided in a separate utility cupboard. Some two bedroom apartments offer ensuite facilities to the master bedroom and there is a second double bedroom and separate bathroom. In order to help buyers onto the housing ladder, Bellway is offering the Help to Buy scheme at Ochre Yards. “Many of our buyers have used the Help to Buy scheme to move here,” confirmed Lindsey. “All a buyer needs is a five percent deposit, they can then take advantage of a five year twenty percent interest free loan from the Government which means that a buyer only needs a seventy five percent mortgage thereby reducing mortgage repayments during the first five years of ownership. It’s a brilliant scheme that has assisted many young people onto the housing ladder much sooner than they thought possible,” she said.

For commuters, Ochre Yards is about a five minute walk to Gateshead Metro which connects you to Newcastle Central Station, the Metro Centre, the coast and Newcastle Airport. Ochre Yards lies within a mile of Newcastle city centre so residents can enjoy the city’s renowned selection of bars, restaurants, and high street shops. Close by, is the Hilton hotel and leisure complex, Sage Music Centre, Millennium Bridge and Baltic Arts Centre all of which provide the perfect cosmopolitan experience, right on your doorstep.