SHARED OWNERSHIP
CASE STUDY
GREENWICH L&Q at Kidbrooke Village
L&Q at Kidbrooke Village is a collection of one, two and three bedroom homes in the Royal Borough of Greenwich. Inside, all apartments have been nished to a modern speci cation. Large oor-to-ceiling windows ll the homes with light, while private balconies allow residents to
Estate Agent Michael , 37, has shared how he is saving £400 a month having purchased a 30% share of a brand new apartment at Belgrave Village in central Birmingham via Home Reach’s shared ownership scheme. Michael moved from the Birmingham suburb of Erdington to the £106m development, which will feature a total of 438 houses and apartments when building work completes this spring. “I was surprised at the range of homes available through Home Reach’s shared ownership scheme,” says Michael, “and it really did broaden my housing options. Instead of draining all of my savings for a property that ticked just some of the boxes, Home Reach has allowed me to nd the home of my dreams without breaking the bank.” A Senior Lister for estate agent Connells in Birmingham, Michael says, “I specialise in the valuation and preparation of sales particulars for lived-in homes coming on to the resale market, so I didn't have rst-hand knowledge of Belgrave Village before choosing to buy there. I have two dogs, so green space and peaceful surroundings were as important to me as a quick commute into the of ce. When colleagues in the new homes team spoke about the development, it was just what I’d been looking for.” Michael was also impressed with the eco speci cations of the development; Belgrave Village incorporates natural ventilation and low energy appliances, to enable occupiers to lower their carbon footprint and household bills. Apartments feature electric heating, while the houses are installed with air source heat pumps. Settled in his new home, Michael clearly couldn’t be happier. “I have only good things to say about my experience of buying a home at Belgrave Village, and would recommend purchasing through shared ownership with Home Reach to anyone looking to get on to the property ladder,” he says. “I feel like I’ve really landed on my feet here. Walking the dogs round all the open spaces is a great way to meet the new neighbours. I’m looking forward to the on-site gym and screening room opening in the next few months. Having not previously known much about shared ownership, I am so pleased it was available to me. I like the thought of increasing my ownership stake via staircasing, too.”
extend their living outside. Bedrooms are tted with neutral carpets, and primary bedrooms feature built-in wardrobes. With quick connections to London Bridge, these Zone 3 homes balance access to plentiful open spaces with city conveniences. The established community already bene ts from an on- site Sainsbury’s, Starbucks, dentist, GP surgery, pharmacy and frequent farmers' markets.
lqhomes.com/kidbrookevillage 020 8189 7590
*Based on a 25% share of the full market value of £370,000
MANCHESTER L&Q at Victoria Riverside
This collection of design-led one and two bedroom shared ownership apartments is situated in Manchester’s up-and-coming Red Bank neighbourhood. The homes – which come complete with a resident-only co-working space, podium garden, gym and concierge service – will be ready to move into in early 2025,
with reservations currently being taken on selected apartments. Strong public transport links nearby include Shudehill tram stop and Hanover Street bus stop, both a 10-minute walk away, allowing residents to travel across the city with ease.
lqhomes.com/victoriariverside 0161 968 0022
*Based on a 25% share of the full market value of £247,500
HENDON SO Resi Hendon Waterside
Available at this smart development are 42 studio, one and two bedroom apartments and two and three bedroom duplex homes. Part of the
wider Hendon Waterside development, and situated next to the scenic Welsh Harp reservoir (a Site of Special Scienti c Interest), residents can enjoy exploring the surrounding woods, trails and footpaths. The development is within walking distance of Hendon station and Hendon Central tube station, with access to the West End and Bank within 30 minutes.
soresi.co.uk/ nd-a-property/hendon-waterside 020 8607 0550
*Based on a 25% share of the full market value of £357,500
28 First Time Buyer February/March 2025
Made with FlippingBook Digital Publishing Software