Penarth Heights is one of the most enviable addresses in the region. Created on the site of the former ‘Billy Banks’ Estate, this unique development has transformed a dilapidated corner of a much loved coastal town into a prestigious and highly sought-after residence.
Set high above Penarth Marina, the landmark collection of iconic new homes boasts striking architecture, expertly designed living spaces with high specification bathrooms and kitchens, and a prime position just a short walk from the town centre.
When it comes to location, location, location, Penarth Heights has it all. The recent £4.2 million refurbishment of the Art Deco Pier Pavilion, with its cinema, gallery and café, and the opening of Restaurant James Sommerin from the acclaimed Michelin-starred chef of the same name, have firmly established the town as a cultural hotspot and foodie favourite. Meanwhile Penarth’s picturesque coastal setting, Victorian / Edwardian charm and splendid public parks, combine to create an enticing holiday feel.
All this, and a plethora of independent shops and eateries, plus easy access to the M4 and the Welsh capital just five miles away, means Penarth Heights makes the perfect home for a wide range of buyers, from families to professionals and those looking to downsize.
There is a wonderful variety of contemporary two bedroom apartments and three and four bedroom houses available at Penarth Heights. One fantastic example is the three storey, four bedroom Phoenix house. This beautiful home enjoys a large living room with French doors and Juliet balcony, an open-plan kitchen / dining room and spacious master bedroom with hotel-style en-suite shower room and large picture window. In addition, the Phoenix’s second bedroom is an exceptionally good size and the house benefits from its own garage and undercroft parking.
Rebecca Gripton, Sales Manager at Crest Nicholson, said: “Penarth was named as one of the best places to live in the UK by The Sunday Times and for many Penarth Heights is the icing on the cake. It offers a wonderful range of apartments and homes, which have all been designed to a very high specification and, most importantly, which all have energy efficiency and modern living at their heart.
“Penarth Heights is just a short walk from the town centre and its fantastic mix of independent and well-known shops, cafes and restaurants – including the popular Pilot pub, a traditional butcher and the old world charm of the Arcade with its old fashioned sweet shop – making it the perfect base for a wide range of homebuyers.
“With good local schools, a great variety of leisure activities, Penarth Marina just down the hill and Cardiff Bay only a short drive away, it really is a wonderful place to live. We would urge anyone looking to move in the area to come and visit Penarth Heights and see for themselves the enviable lifestyle on offer.”
Dream living is more affordable
Prices at Penarth Heights using Help to Buy Wales currently start from £127,960 for a two bedroom apartment and £211,960 for a three bedroom house. Help to Buy Wales enables purchasers to own their own home for just 80 per cent of the purchase price. The remaining 20 per cent is lent to the purchaser by the Welsh Government through the HCA and is interest free for the first five years.
The recent reduction in Stamp Duty will also see buyers saving money on the percentage rate they pay on the purchase price of their home.