Offering much-needed affordable homes to first time buyers is L&Q, who has announced the release of three brand-new collections of shared ownership houses at their sought-after Chelmsford development, The Arbour.
An initial launch on Saturday 27th April will see L&Q release a selection of two bedroom houses at The Arbour, followed by two further collections of homes later in the summer.
Prices for L&Q’s new homes at The Arbour start from just £118,500 for a 30% share of a two bedroom semi-detached house. With the average price of a terraced property in Chelmsford currently valued at £370,978, the new launch will offer budding first time buyers much needed affordability amidst challenging market conditions.
Claire Brenlund, Sales and Marketing Director at L&Q, comments,
“The current housing climate is especially difficult for those looking to take their first step onto the property ladder, which is why we remain so committed to providing genuinely affordable homes in sought-after areas, that would otherwise be shut off to first time purchasers.”
“Chelmsford is a great place to live in the Southeast, and we are extremely proud of our housing opportunities at The Arbour. The development is ideal for growing families, with an impressive array of close by amenities, green spaces and transport links. We’re expecting a high level of interest for the three upcoming launches at The Arbour and are pleased that it continues to grow into a thriving neighbourhood.”
At The Arbour, homes come in one of two colour palettes – Classic Contemporary and Cool Style – and have been finished to an impressive specification. Helping to ease the upheaval of moving, kitchens come with integrated appliances including oven, hob, fridge freezer, dishwasher and washing machine. Carpet has been fitted to all bedrooms and main bedrooms feature TV points. Bathrooms include a modern semi-recessed basin and chrome tap, chrome ladder towel radiator and handy shaver socket. Each house benefits from access to a private garden complete with shed, turf, paving and outdoor tap. Allocated parking and cycle storage is also included.
Beaulieu Square Neighbourhood Centre is situated within a short walk of homes at The Arbour, and is home to an array of amenities, including a Sainsbury’s Local, a dentist surgery, veterinary practice, community centre, day nursery, and a brand-new health care centre due to open in 2024. The independent and dog-friendly café Coffee Squared, which sources local ingredients from across the county, is another highlight of the facilities at Beaulieu Square.
For residents with children, homes at The Arbour benefit from a number of well rated schools nearby. The Beaulieu Park School, Essex’s first all-through school, is located on site, whilst a new primary school will open in September 2024 to accommodate 420 pupils. What’s more, the surrounding green spaces and children’s play areas are ideal for enjoying with the whole family.
Benefiting from speedy bus routes to Chelmsford’s city centre, The Arbour offers convenient access to Chelmsford’s array of shops and restaurants. The Bond Street Chelmsford shopping and leisure centre, situated along the riverside, is home to brands like John Lewis, JoJo Maman Bébé and an Everyman Cinema. Locals can find both major high street retailers and independent shops in the city centre, as well as the weekly High Street Market, where a variety of products from local, family-run businesses are on offer.
Included with their new home, residents can make use of Beaulieu’s own bus service for free for one year, making commuting and day trips even easier. For extra convenience, the bus timetable coincides with the Chelmsford Railway timetable, meaning commuters can reach London Liverpool Street is less than an hour. The new Beaulieu Parkway Bridge is now open, which runs from the A12 at the Boreham interchange to the Beaulieu development, connecting residents to both Ipswich and London via car. Furthermore, the new bridge will allow quick access from The Arbour to the planned Beaulieu Park Station, which is scheduled for completion in the coming years, bringing with it significant transport connections for the area.
Prices for L&Q’s new Shared Ownership homes at The Arbour start from £118,500 for a 30% share of a two-bedroom house (FMV: £395,000)
Register your interest to receive news and updates: https://lqhomes.com/beaulieuarbour/
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
