In the bustling heart of London’s Royal Borough of Greenwich, a new chapter unfolds for aspiring homeowners with the launch of Kidbrooke Square’s Shared Ownership apartments. This initiative marks a beacon of hope for Londoners yearning to plant roots in a city where the dream of home ownership often seems just out of reach. Picture this: a modern living space that balances affordability with the vibrancy of city life, nestled within the newest urban hub of south east London. Kidbrooke Square offers just that, with its spacious open-plan homes, private outdoor amenities, and the added luxury of a dedicated concierge service, redefining the essence of community and modern living.
Understanding Shared Ownership
For those unfamiliar, Shared Ownership is a revolutionary approach designed to make home buying more accessible. It allows buyers to purchase a share of a new home (between 25% and 75% of the home’s value) and pay rent on the remaining share. This model opens the door to the property ladder for those who might find it challenging to buy outright, offering a smaller entry point into the daunting world of homeownership.
The Appeal of Kidbrooke Square
Located in the serene surroundings of the Royal Borough of Greenwich, Kidbrooke Square is poised as a sanctuary for those seeking a blend of green open spaces and urban convenience. With the promise of affordable, modern living spaces, this development is not just selling apartments; it’s offering a lifestyle. Each apartment at Kidbrooke Square comes with high-quality features including A+ energy-rated appliances, built-in wardrobes, and generous storage space, ensuring residents enjoy both comfort and sustainability.
Event and Offers
To introduce prospective buyers to this vibrant community, NHG Homes hosts an event on Saturday, 3 February, providing a sneak peek into life at Kidbrooke Square. Highlights will include access to a new one-bedroom show home and the opportunity for buyers to receive up to £4,500 towards their deposit on selected apartments if they reserve on the event day. This gesture not only underscores the value NHG Homes places on its community but also highlights the affordability of these homes.
Financials and Accessibility
The financial aspect of these Shared Ownership apartments is particularly appealing. One-bedroom homes start from £92,500 for a 25% share, with the option of a minimal 5% deposit. Monthly costs, which include rent, mortgage, and service charge, are competitively priced, making the dream of living in London more attainable than ever. Furthermore, Kidbrooke Square’s location in the Royal Borough of Greenwich ensures that residents have access to a plethora of amenities and transport links, making the commute to London’s key locations both quick and convenient.
Community and Lifestyle
Kidbrooke Square is not just about the homes but also about building a community. Set around a new village square, with a café and shop planned for future stages, it promises a vibrant community life. For nature lovers, the proximity to parks like Cator Park, Sutcliffe Park, and Greenwich Park offers a green escape from the urban hustle. The local area brims with dining options, from gastropubs to food trucks, ensuring that residents have a variety of culinary experiences right at their doorstep.
Amie Triphook-Cole, head of marketing and digital at NHG Homes, said: “Now is a brilliant time to buy at Kidbrooke Square, as residents start to move in and the community continues to grow. These fantastic apartments have been designed with a sense of comfort, accessibility and sustainability in mind. We encourage anyone looking to get on the property ladder to join us on 3 February to explore our newest show home, and bring their home ownership dream to life.”
A Growing Neighbourhood
As residents begin to move in, Kidbrooke Square is rapidly transforming into a lively community. Amie Triphook-Cole, head of marketing and digital at NHG Homes, highlights this as an opportune time to join the growing community. The development’s focus on comfort, accessibility, and sustainability makes it an attractive option for those looking to embark on their homeownership journey.
One-bedroom homes at the development start from £92,500 for a 25% share, and buyers can purchase with just a 5% deposit (£4,625) with a monthly cost estimate of £1,344, or a 10% deposit (£9,250) with a monthly cost estimate of £1,291 – including rent, mortgage and service charge. Two-bedroom homes are also available, starting from £111,250 for a 25% share.
To find out more about the homes available at Kidbrooke Square, visit their website.
