First Time Buyer April/May 2024

AFFORDABLE HOMES

GREENERY AND GREAT CONNECTIONS DELIGHT FIRST TIME BUYERS AT EASTMAN VILLAGE At Eastman Village by Hyde New Homes, the ideal combination of greenery, great connections and pristine homes awaits, along with the opportunity to be part of an exciting £1.75bn regeneration project which is reshaping Harrow

This exciting new residential quarter already has a growing community and once complete will harbour over 2,000 homes, along with a supermarket, a residents’ gym, cafes, a restaurant and a stunning landscaped park that will deliver a new green link in the heart of this auspicious north west London location. Buyers at Eastman Village can purchase homes in a thriving, established community. And when purchasing through Hyde New Homes, they can do so at a fraction of the usual cost. The key to this is shared ownership.This route to homeownership means that the buyer purchases a share of equity in their home and pays a subsidised rent to Hyde New Homes for the unpurchased share.The buyer can then purchase additional shares, at any time convenient to them, all the way up to full ownership. The great thing about this Government- backed scheme is that one can buy with a smaller deposit, enabling buyers to get on the property ladder more easily or afford to move into a larger home. A 25% share of a one bedroom apartment with podium garden views at Eastman Village, for example, costs £84,250.To purchase it, a buyer would need a minimum 10% deposit of just £8,425.The full market value of this home is £337,000. It would require £33,700 deposit if one were to buy the same home outright. Owning a home at Eastman Village through shared ownership means buyers don’t have to compromise on quality, location or anything else. Offering outstanding transport connections, the current phase of homes is known as The Focus Collection in a nod to the site’s location, which was home to the UK’s Kodak factory for over a century. Direct rail services from nearby Harrow & Wealdstone station take commuters to Euston in as little as 12 minutes on the newly named Lioness Line, with around 143 trains running daily.* Underground services also run from Harrow & Wealdstone, with

also incorporated and buyers benefit from three months’ free Hyperoptic broadband. Minnie Dando, Head of Marketing & Communications at Hyde New Homes, comments, “Londoners shouldn’t have to make compromises when purchasing their home – and at Eastman Village, they don’t have to.They can enjoy decorating and personalising their brand new home to their taste, and will relish their own outdoor space, all within an attractive location at the heart of a bustling new community with outstanding connectivity.”

Bakerloo Line services to Paddington and Oxford Circus taking 28 minutes and 36 minutes respectively.The transport options make travelling into London incredibly easy, whether as a daily commute or simply to enjoy some downtime in the capital. The Focus Collection at Eastman Village currently offers a range of one bedroom apartments. Every home comes with its own outdoor space in the form of a private terrace or balcony, along with access to impressive communal landscaped gardens. Cycle storage is provided for those who prefer to explore London by bike. Internally, the homes feature a high specification as standard including contemporary kitchen units with integrated appliances.Thoughtful practical touches, such as the inclusion of a fitted wardrobe in the bedroom and stylish flooring throughout, are

hydenewhomes.co.uk/shared-ownership-by- eastman-village

*londonnorthwesternrailway.co.uk/train-times/harrow-and- wealdstone-to-london-euston

38 First Time Buyer April/May 2024

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