Affordable homes in Chips now available on the Rent to HomeBuy scheme!

Apartment 312 Chips is a two bedroom 717 sq ft apartment available on the Rent to Homebuy scheme at £995 per month**

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.

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.

Rent to HomeBuy at Chips

To help our customers into home ownership, we've teamed up with the government to offer you Rent to HomeBuy and it's available now at Chips, New Islington, Manchester.

Rent to HomeBuy is a Government initiative. It helps you into home ownership by allowing you to purchase an affordable share in your own home with the option to buy additional shares in the future taking you into outright ownership. Or you can rent at 80% market rent with a view to purchasing at any point within the next five years.

Am I eligible?

The good news is that it's available to a really broad audience, the main criteria being that:

* That you/your household has an annual income of less than £60,000

* You are in full time employment

* You currently own no other properties.

The Rent Option

"Try before you buy" and rent an apartment at just 80% of the market rent with prices from £440 pcm**, giving you some room financially to save up for a deposit. If you take this option, you can purchase at any point within five years.

The Buy Option

Under Rent to HomeBuy, you can buy anything from 25% to 75% of the property, renting the remaining share at 2.75% per annum. Urban Splash wants to help our customers further, therefore those opting to buy straight away will benefit from a contribution of up to £1,000 legal fees, the cost of your valuation paid and a 12 month holiday on the first year's rent*.

Terms and conditions apply. Prices based on a 50% share.

* Incentives up to a maximum of 5% of purchased share.

** Based on 80% of market rent.

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