NEW HOMES AT WATCH HOUSE GREEN ARE AN EYE OPENER FOR ESSEX FIRST TIME BUYERS
Not being able to save a deposit is why more than a third of aspiring first time buyers are unable to make a start on their homeownership journey. In the last 12 months alone, the deposit required for a first-time home purchase has increased by £12,000 and now stands at an average of £59,000, which for many is an unachievable goal to reach. Offering a line of support to buyers keen to get their feet onto the property ladder, St. Arthur Homes’ new collection of Shared Ownership homes at Watch House Green is a must-see! Enjoying a prime setting within the popular Essex village of Felsted, buyers can secure a stylish, high-quality home in a fantastic location with deposits starting from just £7,438.*
St Arthur Homes’ Shared Ownership scheme offers prospective purchasers a more affordable route onto the property ladder. The homes at Watch House Green give buyers the chance to purchase a smaller share of a property ranging between 35% and 50%, paying a subsidised rent on the remainder. Buyers can then choose to increase their share at any time all the way up to 100% and outright ownership.
Comprising a charming selection of two two-bedroom houses and two three-bedroom houses, Watch House Green occupies a prime setting between Braintree and Great Dunmow and lies on the north bank of the River Chelmer. Ideal for first time buyers seeking the best of both worlds, Felsted village offers a selection of shops, cafés and pubs surrounded by beautiful countryside, with the livelier locations of Braintree and Chelmsford also close by. For young families with children, Felsted has some of the best Ofsted rated schools in the country – Felsted Primary School is a five-minute walk from the development, or the noteable Felsted School is one mile away and offers education for pre-prep to Sixth Form age.
Louise Mills, Sales & Marketing Director for St. Arthur Homes:
At St. Arthur Homes we are passionate about providing affordable homes that are uncompromising in both style and location, and our new collection of Shared Ownership homes at Watch House Green are no exception. Felsted is a thriving Essex village that has become a popular choice amongst first time buyers seeking value for money without sacrificing the home they want or access to London. We would urge prospective purchasers to register their details as soon as possible to avoid disappointment.
Locally, Felsted Village offers a selection of amenities close to home. Residents have two pubs to choose from, The Chequers and The Swann Inn – both ideal for a spot of lunch or a Sunday roast. A village store, arts and crafts shop and a delicatessen are all within easy walking distance of the development. Offering the ideal setting for a weekend walk or somewhere for the children to enjoy, Felsted Recreational Park is a 15-minute walk away from Watch House Green.
For those want to venture slightly further afield, Felsted is perfectly positioned to reach a selection of retail and leisure hubs. A short 12-minute drive away is Braintree Village shopping outlet offering more than 75 shops and restaurants to choose from. For a full day of retail therapy, Lakeside Shopping Centre is 50-minutes away via the A12 and offers more than 300 shops, restaurants and leisure attractions under one roof.
Commuting from Watch House Green couldn’t be easier. If travelling by car, the A120 is less than five minutes away and connects residents to routes into London via the A12 and M25. By train, Braintree Station is nearby and provides regular services into London Liverpool Street and Stratford in just over an hour.
Prices for Shared Ownership homes at Watch House Green start from £150,750 for a 45% share of a two-bedroom house priced at £335,000.
For further information visit www.starthurhomes.com or call 020 7224 3066.
*5% deposit of £7,538 is based on purchasing a 45% share of a two-bedroom property with a FMV of £335,000