SHARED OWNERSHIP
CASE STUDY
ROCHESTER, KENT Rochester Riverside
The Wharf Collection will be the seventh phase of homes at the well-established Rochester Riverside community. Set along the banks of the River Medway, in the heart of Rochester, the homes deliver a sense of connection with nature, as well as stunning views across the Medway
towards Rochester's castle and cathedral. As part of the "Hyde Difference", the homes come with a high speci cation at no additional cost, including integrated kitchen appliances, quality ooring and three months’ free Hyperoptic broadband. Each home at Rochester Riverside also comes with dedicated parking. Commuting? Direct trains from Rochester station can reach St Pancras in as little as 36 minutes.
hydenewhomes.co.uk/development/shared-ownership-at-rochester-riverside 0345 606 1221
*Based on a 25% share of the full market value of £326,000
Six months ahead of their wedding day in Sri Lanka, Tharindu , 31, and Varsha , 26, have moved from their individually rented homes into a new, shared ownership, two bedroom corner plot apartment at Crescent Gardens in East Croydon. Both civil servants, the couple bought a 25% share of their home with a deposit of just £7,032.95. Their outgoings have reduced by around a third. Varsha explains, “Not only are we spending notably less each month on bills, but we actually own a home now, which feels very different.” “East Croydon is an amazing place to live, so the location was a huge draw for us,” says Tharindu. “We’re spoilt for choice with shops. We have everything in walking distance; from Sainsbury’s and Lidl to Zara, Boots and Primark, so at the weekends we really don’t need to leave the area. I love food and we can walk ve minutes in any direction and eat whatever we want to. There’s also a fabulous street market here on Saturdays.” The commute from Crescent Gardens is also a game-changer. Tharindu continues, “I’m based in Westminster two days a week and my commute from East Croydon station, which is a four-minute walk away, is just 20 minutes in total.” From their apartment on the fth oor, the happy couple have a 180-degree view of the area through large windows which span across the apartment from the living area to the bedroom. Varsha has set up the second bedroom as an of ce, which she works from ve days a week. She says, “The apartment inside is lovely and quiet and there are plenty of options for me when I want to take a break. I can take a walk to the shops or just step out on to one of the gardens.” With a large private balcony, two resident rooftop gardens and two further podium gardens on lower levels, there is certainly no shortage of outdoor space.
SALISBURY, WILTSHIRE Chapel Gate
This impressive Linden Homes development is set in the Wiltshire countryside just three miles from historic Salisbury. The agship housing development of 148 new properties is made up of a quality collection of two and three bedroom new builds
with something to suit every buyer. It is conveniently located for excellent local schools and a city centre of shops, restaurants and leisure facilities. Salisbury station offers speedy connections to London, Southampton, Bristol and Bath.
homereach.org.uk/development/chapel-gate-salisbury-wiltshire 020 3744 0415
*Based on a 50% share of the full market value of £162,500
READING L&Q at Bankside Gardens
L&Q at Bankside Gardens is an exciting new neighbourhood within Reading’s Green Park Village, centred around a picturesque seven-acre lake, with ample green spaces, play areas and a primary school. Reading Green Park station, a brand new station, is just moments away from the development, offers an easy six-
minute commute into Reading town centre, with onward connections into the capital in just under half an hour. The one and two bedroom shared ownership apartments are covered by L&Q’s New-Build Homes: Quality Standard promise – a commitment to delivering premium xtures, ttings and nishes at no extra cost.
lqhomes.com/banksidegardens 0333 242 2045
*Based on a 25% share of the full market value of £270,000
26 First Time Buyer February/March 2025
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