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New-builds & developments
28 OCTOBER 2018 • MY PROPERTY, MY HOME The only way is Essex
Essex is very much a county of surprises with its colourful 350 miles of coastline and an abundance of glorious countryside. It’s also an area fi lled with rich wildlife, superb architecture, cultural gems and exciting new property developments as Grahame Anderson discovers
360 BARKING EXTERNAL 360 BARKING EXTERNAL RECEPTION
Ownership scheme is an invaluable product for young buyers trying to take their fi rst steps towards owning their own home,” said Sarah Butler, commercial director of Notting Hill Genesis. “Chelmsford off ers the perfect balance of impressive facilities, excellent transport links and aff ordable property.”
BEST OF BOTH WORLDS Rochford has made it into the top 20 sunniest places to live, with 33.6 hours of sunshine per week and an average house price of £352,251. According to research by Halifax, buying a house where it’s hot can cost you less. Just fi ve miles from the nearest
beach and close to Southend, Bellway’s exciting Eastbury Park development comprises two-, three-, four- and fi ve-bedroom houses, along with driveways , landscaping and public open spaces. T e homes will be varied in their appearance to fi t within seven-character areas. Cherry Orchard Country Park in the Roach Valley, encompassing lush grassland and fl ourishing woodland, is close by so there’s the added benefi t of both coast and country to enjoy. Emma Denton, sales director designate at Bellway T ames Gateway, explained: “T ese homes are perfect for fi rst- time buyers looking to pick up a property in a location great for the London commute.” In fact, recent research has
revealed Essex to be one of the best London commuter hotspots, based on average house prices and the cost of an annual train ticket.
COMMUTING HEAVEN T e Notting Hill Genesis project provides an ideal retreat in the heart of historic Chelmsford, with the fi nal phase of City Park West comprising 300 one- and two-bedroom apartments. T e Shared Ownership scheme
gives buyers the opportunity to purchase between a 25% and 75% share of a property, paying a subsidised rent on the remainder. Prices start from £60,625 for a 25% share, and provided they can aff ord to, purchasers can increase their share at any time up to 100% and outright ownership. “T e Shared
CUSTOM BUILD T ere’s an advantage to be gained from buying a plot of land and then building a house on it, as stamp duty is calculated on the cost of the land alone. Oakley Orchards, a new project from Village Makers in Great Oakley, is a custom-build development off ering buyers many of the benefi ts of self-build but without the headache. In a scheme backed by the government to create new desirable communities, investors can choose between six construction styles on a 51-home plot at a cost of £1,400 to £1,600 per square metre.
360 BARKING INTERNAL UNIT07 LOUNGE
T is includes all kitchens, bathrooms, taps and fl ooring, but the purchaser will have the option to trade up to a higher specifi cation for most fi xtures and fi ttings.
TOUCHING THE CITY 360 is a new collection of contemporary apartments developed by NU Living in the eastern hub of Barking, with one- and two-bedroom apartments off ering amazing panoramic views of the City. All apartments benefi t from fully integrated kitchen appliances, underfl oor heating, architecturally innovative fl oor-to-ceiling glazed windows and private balconies. You’ll fi nd some excellent local parks and a European-style inspired town square. Many of these apartments are
available through private sale, with prices starting at £314,500 for a one-bedroom property. Others are available through the Shared Ownership scheme.
THE RURAL ROUTE Wicken Lea in the semi-rural retreat of Newport, is an exclusive idyllic development of three-, four- and fi ve- bedroom homes taking inspiration from the area’s character. T e properties close to Saff ron Walden include a mix of terraced, semi- detached and detached designs, featuring generous private gardens, as well as off -road parking and landscaped open spaces. Prices range from £499,950 to £949,950.
EXECUTIVE FAMILY HOMES Bonham Grange is a new development of executive family homes in Bulphan created by local TOWIE celebrity and owner of the Sugar Hut, Mick Norcross, in partnership with the Mizen Group. It’s a very exclusive collection of 19 grand fi ve-bedroom properties with substantial gardens and private garages, set down a peaceful private estate with sweeping driveways, surrounded by mature trees. Prices start at £1,425k. Carole Salmon of Village Makers
says: “Many Essex buyers are Londoners looking for an improved lifestyle and better-value property. Essex new builds currently off er something for all ages, backgrounds, lifestyles and budgets.”
RESEARCH FROM REALLYMOVING.
The Shared Ownership scheme is an invaluable product for young buyers trying to take their fi rst steps towards owning their own home, and Chelmsford off ers transport links and aff ordable property
COM HAS SHOWN: • Essex has seen a faster growth rate in property prices than anywhere else in the East of England or the rest of the UK.
• The Median property price in 2018 so far is £300k, compared to £260k for the East of England generally, and £202k for the UK.
• Colchester is the most popular destination in Essex.
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