Redrow has been working closely with Manchester City Council and, to maximise affordability, every home is offered with the potential to defer 25% of the initial purchase price for up to 10 years, interest free, through a scheme administered by the council.
Woodville Gardens is the third of six planned phases, following hot on the heels of sales success at Hanson Gardens and Kenyon Gardens in Moston.
Redrow’s winning scheme in North Manchester has been undertaken in association with Manchester City Council and has so far seen three parcels of land developed and more than 150 homes built at Hanson, Woodville and Kenyon Gardens. The major regeneration project has helped to change the face of the neighbourhood, while providing new homes and jobs for local people.
Incentives including Help to Buy equity loans and a 75/25% shared equity scheme administered through Manchester City Council have made Redrow’s homes easier to afford and existing local residents were given priority to purchase at the start of the project.