New Shared Ownership Homes Launched In Wiltshire
Badbury Park, situated on Homington Avenue in Swindon, is a collection of two-bedroom Shared Ownership apartments built by Redrow.
Bromford 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, and pay rent on the remaining share, meaning only a smaller deposit is required. Then, when the time is right, the homeowners can purchase more shares through a process called staircasing, gradually increasing the ownership of the home.
Robert Phelps, regional director for Redrow Thames Valley, says: “We’re delighted to be working with Bromford to bring 38 new affordable homes to the latest phase of our Badbury Park development in Swindon. We look forward to welcoming local families to the popular development from July and for them to become part of Badbury Park’s thriving community. We’re excited to build on our relationship with Bromford at Badbury Park and future developments to provide affordable homes to families in the region.”
Catherine Jarrett, director of sales and marketing at Bromford, says: “We at Bromford are very excited to be releasing this new development and have been very pleased with our collaboration with Redrow. We expect the high-quality homes at this development to be very popular, so we would highly encourage anyone who is interested to get in touch right away to avoid missing out on a great home.”
The Snowdon is one of the homes available with Shared Ownership. It is a two-bedroom apartment ideal for first-time buyers and young professionals looking to get on the property ladder in this sought-after location.
Priced from £78,000 with a 40% share value, the home has been designed with modern living in mind, and benefits from an open-plan living space that spans the width of the home, and leads you to a fully fitted wrap-around kitchen which is perfect for entertaining family and friends. Across the hallway, there is a master bedroom with wardrobe space and a second double bedroom which could easily be converted into a home office. A stylish bathroom completes this home.
Swindon lies on the M4 corridor, 71 miles to the west of London and 36 miles to the east of Bristol. The Cotswolds are situated just to the town's north and the North Wessex Downs to its south. The large town in Wiltshire is just 48 miles to Oxford, and 33 miles to Cheltenham meaning there’s plenty of variety to be found when buying a home in Swindon.
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