Low Deposit Benefit With Shared Ownership In Brockworth

Housing provider Sovereign is attracting buyers on a modest budget to fid out more about its Perrybrook development in Brockworth, Gloucester, where a 5% deposit of just £4,000 can be enough to kickstart their homeownership journey.

Perrybrook comprises a collection of two-bedroom apartments, and three- and four-bedroom houses that will be ready to move into from early 2024 and are available through Shared Ownership (terms and conditions apply). Situated in the historical Roman village of Brockworth on the edge of the Cotswolds AONB, Perrybrook is just five miles from the centre of Gloucester. City commuters are well catered for with nearby Cheltenham Spa station offering direct links to commuting hotspots such as London Paddington, Bristol and Cardiff.

Gemma Lear, sales consultant at Sovereign Network Group, commented: “We understand how hard it is for first time buyers to get onto the property ladder at the moment, and Shared Ownership offers a light at the end of the tunnel for many. Perrybrook is one of our top developments for first time buyers as, not only is it situated in a scenic, well-connected location, but deposits start from as little as £4,000, making it much more affordable for buyers in the current climate. Also – unlike many Shared Ownership developments – Perrybrook customers don’t need to have a connection to the local area to buy a home here, so we are open to interested purchasers keen to purchase in this desirable area of Gloucestershire from anywhere in the country.”

From the apartments to the houses, each property at Perrybrook has been designed with the buyer in mind. A typical two-bedroom apartment has an open-plan kitchen/living/dining room with dual-aspect windows. Kitchens are contemporary in design, whilst each apartment enjoys built-in storage. Both double bedrooms are of ample size, whilst modern bathrooms showcase contemporary white suites. Externally, all properties come with allocated parking and visitor spaces, and residents also have access to secure cycle storage.

The village of Brockworth is small but equipped with a convenience store, Co-op and local pub, the Victoria Inn, with much more in the city centre. Residents at Perrybrook will be surrounded by plenty to do at the weekends, whatever the weather, including 270 Climbing Park – one of Europe’s tallest high rope courses – and 417 FlyUp Bike Park, both under a 10-minute drive from home.

Prices at Perrybrook start at £80,000 for a 40% share of a two-bedroom apartment (full market value £200,000). Find out more at www.sovereignliving.org.uk.

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