Shared ownership brings affordable living to Kent’s exciting new neighbourhood- Spring Acres
Shared ownership with leading developer Hyde New Homes, is giving home seekers the opportunity to live in an exciting new collection of homes in Spring Acres, in the heart of Bapchild, near Sittingbourne in Kent.
Newly launched, the stunning development, which already has a growing community, has a selection of superbly designed two, three and four bedroom houses. Each boasts a high specification as standard including contemporary kitchen units with integrated appliances, quality flooring throughout, turfed gardens and parking. An array of different homes are available and can be tailored to various lifestyles; catering to first time buyers, professionals and growing families.
Shared ownership is a government backed scheme for people who may be unable to buy the home they wish to own on the open market. You can buy the share of your home which is affordable at the time with a smaller deposit and pay a subsidised rent to Hyde on the remaining share.
In the future, the homeowner will then be able to purchase additional shares until they own their home outright, or sell and move on at any time.
Spring Acres, nestled within a country park setting, is a peaceful and picturesque environment for residents to enjoy. Offering natural open spaces and children’s play areas, a rich wildlife site, with its array of birds, reptiles and mammals including badgers and hedgehogs thrive. Families will also benefit from the excellent array of schools in the vicinity.
Needing a little more space? Part of The Bloom Collection, the four-bedroom Primrose design is a stylish family home. Prices start from £107,000 for a 25% share, based on a full market value of £428,000 and benefits from spacious open plan living /dining room that has French doors leading to the garden and room for a home office or nursery upstairs.
A separate kitchen can also be found downstairs, equipped with high-quality appliances, energy-saving fixtures and fittings. Additionally, there is a downstairs cloakroom and plenty of storage.
Spring Acres has been developed with The Hyde Difference in mind. Hyde New Homes’ approach focuses heavily on quality, award-winning design, desirable locations and bespoke customer service. It is this commitment to quality that has led to Hyde New Homes being awarded 90% customer satisfaction rating for the last 10 years.
Minnie Dando, Head of Marketing and Communications at Hyde New Homes, said: “Spring Acres is a superb place to live and work, close to Sittingbourne’s town centre with range of shops, eateries and leisure facilities. Residents can enjoy the countryside feel, but still access multiple lifestyle amenities and also reach London St. Pancras in just over an hour from Sittingbourne.
Minnie continued: “Buying a home is a stressful business at the best of times but our experienced team of in-house consultants are on hand to answer any questions throughout the entire so buying process, our team is here to take away that stress and go through the process, step by step.
With easy access to the A2, M2 and M20, Spring Acres is an ideal haven for those escaping the hustle and bustle of city living, but also want a straightforward commute to work. For those travelling to London, Sittingbourne and Teynham stations offer regular train services. Families with children will appreciate the availability of local schools with good to excellent ratings by Ofsted.
Prices start from £144,000 for a 45% share for a 2 bed house based on a full market price of £320,000, with a deposit of £14,400 For a 3 bed house prices start from £162,000 for a 40% share based on a full market price of £405,000, with a deposit of £16,200 and for a 4 bed house prices start from £107,000 for a 25% share based on a full market price of £428,000 with a deposit of £10,700.