Alex Smith is among the first people from Redcar to take advantage of a new opportunity for young people to own their own home.
The 23-year-old first time buyer is one of the first people to buy a home at G2 Redcar, a new development of 36 stylish, contemporary one and two bedroom apartments being built on Broadway West.
G2 Redcar is specifically aimed at first time buyers and prices are designed to be affordable for young people and key workers in the town. For just £69,995, Alex has secured himself a top floor, one bed apartment at the development.
“I own my own home outright, there is no shared ownership and my monthly mortgage payment is less than many people in Redcar pay every month in rent,” said Alex.
“I’m absolutely thrilled, especially when the alternatives I looked at were pretty run-down two bedroom terraced houses, with even the cheapest being on sale for around £90,000.”
A small number of one and two bedroom apartments are still available at G2 Redcar. Potential purchasers should click here to register their interest.