Affordable homes in Chips now available on the Rent to HomeBuy scheme!
Apartment 510 Chips is a two bedroom 715 sq ft apartment Available to rent from £1140PCM* (80% of market rent)
Chips
Chips isn't your average building. It's a bit of a one off and is one of the most significant buildings in New Islington, Manchester's Millennium Community. Every apartment has some outside space, with either use of the communal roof terrace or in some cases a private balcony and many have a waterside view.
Designed by Alsop, Chips is nine storeys high, looks like three fat chips stacked on top of each other and is clad with timber panels stamped with the names of places which pay homage to Manchester's role in history as the birthplace of the industrial revolution.
With canals on three sides, Chips provides 142 apartments on the upper floors, with flexible living spaces which allow you to choose an apartment that suits your living needs. The building also offers 11,700 sq ft of flexible ground floor commercial shell space, providing a fantastic opportunity to create your perfect office or an amazing waterside bar/restaurant.
Chips apartments are available through Rent to HomeBuy, a government backed scheme to help you get your foot on the housing ladder through shared ownership. It's funded by the New Homes and Communities Agency and is flexible to suit your needs, so you can either start by buying a share in your new home now, or simply rent at 80% of market rent, allowing you to save for a deposit and buy later. Chips is also available for private rent and outright purchase.
New Islington is Manchester's Millennium Community, a partnership between the Homes and Communities Agency, Urban Splash, New East Manchester and Manchester Methodist Housing Association. When finished, New Islington will provide 1,700 new homes, approximately 200,000 sq ft of commercial space, a new tram stop, new moorings for narrow boats, gardens, boreholes to provide drinking water and a district wide private utility network using combined heat and power.
Chips is in New Islington, Manchester's Millennium Community which is located to the east of the city centre, in Ancoats. New Islington is a short walk from the city centre and is conveniently located next to the inner ring road, with excellent links to the surrounding motorway network. Piccadilly train station is nearby and New Islington will soon be serviced by its own new Metrolink stop. The area is also served by buses and is connected to the surrounding canal towpath network; the Ashton Canal towpath provides a convenient link to the city for both cyclists and pedestrians.
There are many ways to live in Chips and working together with the Homes and Communities Agency we can now offer you the opportunity to rent while you save for a deposit (through Rent to HomeBuy) or even buy your own Funky & Affordable home through shared ownership.
Same funky apartment with everything you would expect from an Urban Splash home? but more affordable if you can't quite manage to buy outright just yet.
Am I eligible?
The good news is that it's available to a really broad audience, the main criteria being that:
- You/your household has an annual income of less than £70,000 (Let's face it, who doesn't!)
- You are in full time employment
- You currently own no other properties
I want to rent now while I save for a deposit
If you would like to own your own home but don't have enough deposit saved, you can rent your home for up to five years through the Rent to HomeBuy scheme at 80% of market rent, allowing you to save for your deposit whilst you enjoy living in your home. You can move into home ownership at any point during the five year period.
Shared ownership now available in Manchester
If you are in a position to purchase now, you could buy your home through Shared ownership, a government backed initiative funded by the HCA, to help you get your foot on the housing ladder. It allows you to purchase an affordable share in your own home, ranging from 25% - 75%, with the option to buy additional shares in the future taking you into 100% outright ownership.
Read more about it in our 'Guide to Shared ownership/RtoHB'
To find out more and register your interest for one of our Funky & Affordable homes contact a member of our sales team on the details below.
Specification
Kitchens:
Range of fitted base and wall-mounted units with gloss finish and concealed handles
Worktop with brushed aluminium edge
Back-painted glass splashback
Built-in containers for recycling
Stainless steel sink and drainer
Electric oven, ceramic hob and extractor
Fridge with freezer compartment in types A and B, fridge freezer in types C, D, E and F
Bathrooms:
Modern white ceramic sanitary ware
Chrome finish taps and fittings
Mirror with concealed storage cabinet
Fully tiled walls
Shower rail and drying hooks
Heated towel rail
Balconies
(Applies to some apartments but not all)
Timber decking
Glass balustrade
External low level light
Finishes, fixtures & fittings
Double-glazed windows
Timber flooring in living areas
Carpet to bedrooms
Tiled floors to bathrooms
Tiled or timber kitchen floors (depending on apartment type)
Painted plastered stud walls
Painted plasterboard ceilings in kitchens and bathrooms
Doors with stainless steel ironmongery
Services
Telephone, TV and satellite points in living area and main bedroom
Secure door entry system with video link to TV
Intruder alarm
Apartment heating and hot water linked to CHP system
Dedicated space for washer/dryer
Common Areas
Lift to all levels
Secure basement car parking available at extra cost
Communal roof terrace
Secure bicycle storage
Recycling area in basement car park
*DISCLAIMER Rent based on 80% of market rent through Government backed Rent to HomeBuy scheme, allowing you to save up for your deposit, as an alternative to purchasing straight away. Apply through your local Help to Buy agent to check eligibility. Terms and conditions apply.