518 New Homes in Bexleyheath on the Way
A Bexleyheath developer has passed a new milestone, with almost half of homes now built at a new development transforming the site of the former civic offices in the town.
Bellway London is delivering 518 homes at its Eastside Quarter development, off Broadway, comprising a range of studio, one, two and three-bedroom apartments, which are regenerating the brownfield site that once housed Bexley Council.
A total of 218 private apartments will have so far been built by the end of November, with three apartment blocks, Alderton Court, Craft Court and Ernest Court now complete.
Out of the 400 apartments for private sale within Eastside Quarter, more than half (209) have already been purchased, most of which are now occupied, with more homes set to be released for sale in November. The remaining properties are being provided as affordable housing for local people through rent or shared ownership.
Emma Hamlett, Sales Director for Bellway London, said: “Reaching the major milestone of completing construction on all three of the buildings known as Alderton Court, Craft Court and Ernest Court at Eastside Quarter is a positive step towards completing the delivery of these sought-after apartments. Many of the first residents are already local to the area and have taken advantage of the development’s prime location in the centre of the town, and the heart of the main shopping district. Bexleyheath and Barnehurst railway stations are both less than two miles away with services into central London in around 30 minutes. There has been a particularly high demand from first-time buyers in the local area. Taking advantage of the Help to Buy scheme, many residents have managed to stay in this area, highlighting its appeal and the need for more homes across Bexleyheath.
She added: “With the recent opening of our rooftop gardens and three show apartments, there has never been a better time to view a new home at Eastside Quarter, especially now that we have launched the latest phase of apartments at Liberty Court, where completions will be due in the autumn of 2022.”
The London Help to Buy scheme enables first-time buyers to secure a new-build home up to the value of £600,000 with a five per cent deposit and 55 per cent mortgage. The remaining 40 per cent is provided in the form of a Government-backed equity loan, interest free for the first five years.
A range of apartments are currently available at the development, with prices starting from £225,495.