Page 20 - ESPC_Nov24
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NEW BUILD
                                                                                                                                The completed Rowanbank Gardens development
                         Buying a new home at

                   Rowanbank Gardens could be
            cheaper than renting!









                     Incentives include £10,000 deposit contribution
                          for multi-award-winning apartments.



      B    uying a new home at the multi-award-  Locally based mortgage experts First Mortgage

                                            Edinburgh are working closely with Artisan
           winning
                              Gardens
                                       in
                   Rowanbank
           Corstorphine, Edinburgh could cost less
       each month than renting the same property   to make the process of buying a home at
                                            Rowanbank Gardens both easier and more
       thanks to new incentives offered by developer   affordable.  Mortgage advisor Gurmeet Bianca
       Artisan Real Estate.                 Singh says: “The £10,000 developer contribution
                                            means that buyers can now secure a dream two-   water and heating costs for a two-bedroom   also benefitting from a hidden value that could
       Almost three quarters of the 93 homes for sale   bedroom apartment at Rowanbank Gardens   apartment could be as low as £70 per month   save you thousands of pounds - from when you
                                                                                                                                 first move into your new apartment, and in the
                                                                                            – meaning residents could save around £720
       at the development have now been sold, and   with a deposit of less than £40,000.    per year on energy costs when compared to   longer-term.
       Artisan are now offering a range of generous                                         similar properties elsewhere.
       incentives for buyers looking to reserve the   “With current mortgage rates, this could
       last  remaining  plots  -  including  a  £10,000   equate to a monthly mortgage payment of                                “We now have a model award-winning
       deposit contribution.                £1250 - which would be significantly cheaper    Rowanbank Gardens was awarded the    development which will inspire and drive
                                                   than the equivalent rental costs for     prestigious Apartment Development of the   Artisan’s future residential strategy as we strive
                                                   the same two-bedroom apartment           Year title at the 2024 Scottish Homes Awards,   to build more sustainable neighbourhoods in
        A room with a view at Rowanbank Gardens    of more than £1500*. This makes          while its superb design and sustainability   Scotland and across the UK, creating more than
                                                   buying a superb new home at              credentials have also been recognised by   1,000 new homes in the next few years.”
                                                   Rowanbank Gardens both a realistic       winning best Scottish Residential Development
                                                   and affordable option whether you        at the Institute of Chartered Surveyors     Prices for a two-bedroom apartment start from
                                                   are a first-time buyer or downsizer.”    (RICS) awards.                       £328,000 with a three-bedroom from £430,000.
                                                                                                                                 To experience this award-winning development
                                                                                            David Westwater, Artisan’s Development   for  yourself  and  to  discuss  the  incentives
                                                   Artisan’s  significant  investment  in
                                                   supremely cost-effective energy          Director  for  Scotland,  adds:  “When  you  buy   currently available, book an appointment
                                                   efficiency as well as high quality living   an Artisan home at Rowanbank Gardens, you   through the Rowanbank Gardens’ website at
                                                   space and amenity at Rowanbank           aren’t just getting a high-quality sustainable   rowanbankgardens.com or call 0131 516 3302.
                                                   Gardens is also providing further        apartment in a city-centre location. You are
                                                   ‘hidden’ cost savings for value-savvy
                                                   buyers. Latest analysis of average       * Example based on purchase price of a two-bedroom apartment at Rowanbank Gardens of £325,000. This could be secured with a 15% deposit
                                                                                            of £48,750 provided by a range of lenders – reduced to £38,750 with the £10,000 contribution. This equates to a mortgage of £276,250 over a 35-
                                                   energy usage shows that hot
                                                                                            year term with a five-year fixed rate of 4.17% - a monthly payment of £1252 per month.  This compares to average rental costs of a two-bedroom
                                                                                            apartment at Rowanbank Gardens of £1550 per month.
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