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Shared Ownership Homes Launching In New Beaulieu Neighbourhood

Posted 2 September 2021 by Keith Osborne

L&Q is releasing the first Shared Ownership homes at The Arbour, the latest addition to Beaulieu on the outskirts of Chelmsford...

On Saturday 4 September, housing association L&Q is launching the first phase of 19 one- and three-bedroom Shared Ownership homes at The Arbour, a brand new neighbourhood within the Beaulieu development on the outskirts of Chelmsford.

The Arbour will bring a total of 255 Shared Ownership homes to the growing community once complete, providing an affordable route onto the property ladder in an increasingly popular area.

Homes at The Arbour will form part of Beaulieu, an already thriving new district for the city of Chelmsford, which is a joint venture between L&Q and Countryside. The impressive 610-acre development will ultimately deliver 3,600 new mixed-tenure homes, as well as new schools, health and sports facilities and new retail amenities.

The ArbourChristine Osborne, sales and customer service director for L&Q’s Counties region, commented: “There is clearly a huge demand for affordable homes in the area. Our previous launches of Shared Ownership homes at Beaulieu were incredibly popular. All phases of Shared Ownership homes released in 2019 and 2020 were fully reserved within their first weekend of launch and we’re expecting to see similar interest levels from first-time buyers at The Arbour. We are pleased that The Arbour will deliver much-needed new homes that are accessible to first time buyers, creating a sustainable urban extension for Chelmsford’s growing population.”

Offering a countryside lifestyle in the heart of Essex, The Arbour sits just outside the vibrant city of Chelmsford, close to a plethora of green spaces. The site is located within the majestic former parklands of the Palace of Beaulieu, the summer residence of King Henry VIII. As well as 176 acres of outdoor public space and lush newly planted woodlands, residents at The Arbour will also enjoy landscaped communal gardens, 26 acres of football pitches, 11 acres of allotments and an orchard on site, ideal for couples and growing families looking for more space.

All Shared Ownership homes at The Arbour are built to L&Q’s New-build Quality Standard promise which guarantees high-specification homes without hidden additional costs. First-time buyers have the choice of three specifications: classic contemporary, timeless warmth and cool style. All homes feature chrome bathroom fixtures, fully integrated kitchen appliances, including dishwasher and washing machine, Amtico flooring and built-in master bedroom wardrobes.

The ArbourA vibrant community hub, Beaulieu offers a wide choice of shops, eateries and amenities, conveniently located just a short walk from The Arbour. Meanwhile the cosmopolitan centre of Chelmsford is only three miles away, with its vibrant array of high street retailers, independent stores and ample entertainment outlets.

Catering for the many families moving to The Arbour, Beaulieu is home to Essex’s first ‘all-through’ school, running from reception to sixth form. A £33million development, newly built Beaulieu Park School offers pupils state-of-the-art performing arts, sports, technology and science facilities. A second new primary school is also planned for the next few years.

Well-connected for London commuters, Chelmsford railway station runs regular services to London Liverpool Street in just 34 minutes. The new bus route links Beaulieu with the station and Chelmsford city centre, and all residents will be entitled to a year’s free travel. Beaulieu is also set to benefit from its own railway station, making the daily commute even easier.

Shared Ownership prices at The Arbour start at £54,375 for a 25% share of a one-bedroom apartment (full market value £217,500), £93,750 for a 25% share of a three-bedroom maisonette (full market value £375,000) and £101,250 for a 25% share of a three-bedroom terraced house (full market value £405,000).

 

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A Guide To Part Buy Part Rent
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