New Shared Ownership Homes Unveiled In Worcester

New homes provider Bromford has released a collection of brand new Shared Ownership homes at the popular Elgar Park development in Worcester.

Elgar Park is located on Martley Road and offers two- and three-bedroom Shared Ownership properties built by Bloor Homes. Shared Ownership [https://www.whathouse.com/shared-ownership/] gives first-time buyers and those who do not currently own a property the opportunity to secure a new build home with Bromford. Homebuyers pay a mortgage on the share they own (usually starting with between 25% and 75% of the full market value), and pay rent on the remaining share, meaning a smaller deposit is required.

At Elgar Park, Shared Ownership homes include the three-bedroom ‘Sorley’ house type, which can be secured through Bromford Shared Ownership. The open plan, fully fitted kitchen area could be the perfect space for entertaining friends and family, as is the fully-turfed rear garden that it leads out to. There’s a separate lounge, and the downstairs is completed by practical storage space off the hallway, and a cloakroom. Upstairs, there are two double bedrooms and a family bathroom, with the third smaller bedroom offering an extra upstairs space that could be used as a home office or study for those working from home.

Also available through Shared Ownership at the development is the two-bedroom ‘Sinclair’, which greets you with a living area, leading through to a wraparound fitted kitchen with access to the turfed rear garden. The ground floor also hosts a handy guest cloakroom, with a two-car driveway to the front of the property, while upstairs are double bedrooms, a family bathroom and a useful storage cupboard.

Catherine Jarrett, director of sales and marketing at Bromford, said: “We are delighted that our Shared Ownership properties at Elgar Park have been so popular, and we’re incredibly proud of the homes at this development. We don’t expect these homes to stay available for long, so would encourage any interested buyers to get in touch without delay.”

Worcester is an excellent location to call home and offers many activities and events. Across the city and the areas around the development are a number of independent and larger stores, small and chain pubs and restaurants as well as recreational settings for children and sports teams such as parks and playing areas. For further outdoor adventures, there are the Malvern Hills and Cotswolds Areas of Outstanding Natural Beauty nearby,

There are a number of high-quality schools nearby, including the Honeywell Primary School and the Riversides School for older children, both of which achieved a rating of Good in their latest Ofsted reports.

New homes at Elgar Park start at £104,000 for a 40% share (full market price £260,000). Find out more about current Bromford developments.

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