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New Shared Ownership Homes Released In Harrow

Posted 8 July 2021 by Keith Osborne

Hyde New Homes is now selling a new range of 'part buy-part rent' apartments at popular Eastman Village...

Hyde New Homes has launched a new phase of Shared Ownership apartments at the landmark Eastman Village development in the heart of Harrow.

There’s now a selection of one-, two- and three-bedroom apartments. Each coming with a high specification as standard including contemporary kitchen units with integrated appliances, quality flooring throughout, underfloor heating, private outdoor space and parking available to selected homes. With home working a major change in many people’s lifestyles, residents will benefit from super-fast Hyperoptic broadband connections.

A major attraction to Shared Ownership is the low minimum deposit required. Typically, a two-bedroom apartment at Eastman Village would be priced at £444,000. A 30% share would require a minimum 5% deposit of £6,660, along with a subsidised rent, which is paid to Hyde New Homes on the remaining share. In the future, the homeowner will be able to purchase additional shares until they own their home outright, unless they choose to sell, which they can do at any time.

At Eastman Village there are provisions in place for residents to enjoy a gym, which is currently in the planning stages, as well as cafés, restaurants and a supermarket. Families will also benefit from the excellent array of schools in the vicinity.

For those looking to commute, the rest of London is highly accessible. Linked by the new network of footpaths and cycleways, the development is just a 10-minute stroll to Harrow & Wealdstone station. The station offers Bakerloo line Underground services to London Paddington in less than half-an-hour, as well as the London Overground service. Residents can reach London Euston with West Midlands Railway in under 15 minutes. Harrow-on-the-Hill station, which is just a short bus ride away, connects to the Metropolitan line and national rail services.

Eastman VillageEastman Village is part of Harrow Council’s £1.75billion regeneration programme at this iconic new business, leisure and residential destination. Set around three acres of landscaped park and gardens, amenities will include restaurants, cafés and offices. At the heart of the development, Kodak’s much-loved iconic chimney has been preserved as a reminder of Harrow’s fascinating history.

Minnie Dando, head of marketing and communications at Hyde New Homes, said: “Eastman Village is a superb place to live and work and is set to be one of the most desirable places to live in the region. It’s a fact that regeneration areas are an excellent investment.

“Buying a home is a stressful business at the best of times, especially in a busy London market. We have worked to address this by offering our popular shared ownership scheme, which promises an excellent opportunity for both first-time buyers and young families to get on the property ladder and see their investment grow. Our experienced team of in-house consultants are on hand to answer any questions on this popular scheme throughout the entire buying process, while customers can also use the self-serve members’ login area on our website.”

Prices start from £82,750 for a 25% share, based on a full market value of £331,000 for a one-bedroom apartment. Find out more at www.hydenewhomes.co.uk.

 

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A Guide To Part Buy Part Rent
Part Rent Part Buy is a scheme you can use with Home Reach where you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Find your part buy part rent house today!

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