Shared Ownership in Plymouth
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Devon’s port city has newfound ambition. As 2021 approaches, the team tasked to overhaul its city centre will unveil its new incarnation – one that includes glossy new homes, parks and spaces dedicated to entertainment and local enterprise.
After decades of decline and high street degradation, the council and the city have joined forces to create the ultimate blueprint for 21st century urban living. But that’s not the end of the story - promising hotspots are in development across the city. The rundown Bretonside coach station is undergoing a complete transformation, and in December 2019, the new Drake Circus leisure complex will rise in its place – a sparkling new multiplex cinema with restaurants and parking spaces. Better still, the hotly anticipated cultural centre, The Box – in the former spot of the city museum and art gallery - is set to take the arts scene up a notch when its doors swing open from December 2019. A gutsy take on Plymouth’s heritage and history, the £45 million project will also have a neighbouring piazza and public space – soon to be on everyone’s radar. Momentum’s mounting too for the fresh Millbay Boulevard - a regenerated stretch between the city centre and the waterfront, that’ll see hotels, shops and 300 new homes drawing cool seekers. Live in Plymouth and you’ve also got its enduring maritime history, the hip waterside hangout of Royal William Yard, immaculate gardens and parks, and a restaurant scene that plucks the very best from land and sea. It’s immeasurably easy to move around too – from ferries and water taxis shuttling passengers along the coastline, to regional rail links, including the recently refurbished Night Riviera Sleeper. Take our advice: succumb to Plymouth’s new allure and invest today.
First time homeowners
One of the easiest ways to purchase a place in Plymouth is to take advantage of a shared ownership home – a scheme which allows you to part buy, part rent a home with just a small deposit. And the good news is that many of the developments gearing up for first-time homeowners are available through shared ownership in Plymouth. Many clued-up locals are looking to the revamp of the central Civic Centre – a grade II-listed post-war landmark that’s poised for a slick rebirth. Proposals reveal plush new apartments that will sit on top of buzzing restaurants, cafes, shops and outdoor space, all crowned with an envy-inducing rooftop terrace. Beyond the city centre limits is Sherford – a forward-thinking new town that’s quietly raising the stakes for southwest living. What’s all the fuss about? For starters, it’ll have exceptional amenities scattered throughout its new neighbourhoods, and thousands of new homes, built for families, couples or singletons – all with a signature level of luxury and style.