L&Q: Shared Ownership launched at The Arbour in Essex

Ideal for first time buyers – two bedroom homes available in Chelmsford

On Saturday 4th December, leading housing association L&Q launched a new phase of nine two bedroom homes at The Arbour, a sought-after new neighbourhood within the thriving Beaulieu development on the outskirts of Chelmsford.

Available exclusively through Shared Ownership, the new homes offer an affordable option for buyers looking to set down roots in Chelmsford, where the average price of a home is now more than 10 times the UK average annual salary. Buyers can reserve their new home with a deposit from as low as £4,000.

Adding to the one and three bedroom homes already launched earlier this year, L&Q’s new two bedroom homes at The Arbour further expand the flourishing residential district of Beaulieu, a community-oriented new neighbourhood set within 610 acres of green open space. A joint venture between L&Q and Countryside, the impressive new development will ultimately deliver 3,600 new mixed tenure homes, as well as new schools, health and sports facilities and a new railway station.

Internal show home photography of L&Q's The Arbour - Shared Ownership homes available on Share to Buy

Andrea Palmer, Regional Head of Sales for L&Q’s Counties region, comments: “We are delighted to be delivering a much-needed new collection of Shared Ownership apartments and houses to the city of Chelmsford, where property prices have surged over the last couple of years. Ideal for couples and young professionals looking for a second bedroom, the new launch offers buyers the choice between an apartment or split-level terraced home, with the houses also providing desirable outdoor space. Our first phase of homes at The Arbour were all reserved within their first weekend of launching and we’re expecting the see similar levels of interest for our new collection of two bedroom homes.”

Located just outside the vibrant city centre of Chelmsford and surrounded by picturesque green spaces, residents at The Arbour will enjoy a perfect blend between countryside living and the convenience of a metropolitan lifestyle. As well as 176 acres of outdoor public space and lush newly planted woodlands, buyers at The Arbour will benefit from access to 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.

Chelmsford has a wealth of independent cafes and tantalising restaurants as well as a redeveloped shopping district offering larger retailers including The White Company, Maman Bébé and a flagship John Lewis store. Closer to home, Beaulieu is a thriving community hub, with a wide choice of shops, eateries and amenities, conveniently located just a short walk from The Arbour.

Internal show home photography of L&Q's The Arbour - Shared Ownership homes available on Share to Buy

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 stylish chrome bathroom fixtures, fully integrated kitchen appliances, including dishwasher and washing machine, Amtico flooring and built-in wardrobes to the master bedroom.

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 Chelmsford City Centre and Chelmsford Rail Station, 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. For those taking to the roads, the A12 which connects the Beaulieu to the South offers direct connection to the M25 and London to the West.

Shared Ownership prices at The Arbour start at £77,500 for a 25% share of a two bedroom apartment (FMV: £310,000) and £91,875 for a 25% share of a two bedroom terraced house (FMV: £367,500).

Register your interest at lqhomes.com/beaulieuarbour.

Share to Buy is a one stop shop for affordable homes. On our website, you can search for propertiescompare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy.