Construction Passes Halfway Mark at Chatham Development
Construction work has passed the halfway mark at a new housing development taking shape in Chatham.
Bellway Kent is delivering 131 homes at its Crown Fields development, off Street End Road, comprising one and two-bedroom apartments, as well as two, three and four-bedroom houses.
A total of 89 homes have now been built at the development, which is transforming the former Chatham Golf centre site, with construction set to conclude next May.
All but nine of the 118 properties for private sale have been purchased, and the final homes have now been released onto the market. The other 13 properties have been provided as affordable housing for rent or shared ownership.
Mark Harrop, sales director for Bellway Kent, said: “With construction work continuing, it is pleasing to reach an important milestone at Crown Fields where residents are now settling into a new neighbourhood in Chatham. Even though we are close to selling out here, there are still a varied mix of homes on offer that would suit buyers at various stages of the property ladder. The strong commuter links via the M2 have proved a particular draw for house-hunters relocating outside of London who are seeking a high-quality home and better value for money.”
The house and apartment types at Crown Fields have been named after famous golfers. Among the properties still available are the one-bedroom McIlroy apartment and the three-bedroom Faldo house type.
Harrop said: “We have witnessed extremely high demand at Crown Fields, highlighting the strong appetite for new housing in Chatham and surrounding areas. Interest has been particularly high from first-time buyers, many of whom have used the Help to Buy scheme to secure their new home, while more than half of purchasers have come from within the local area. With only nine homes still to be sold, I would urge interested buyers to get in contact with our sales team to avoid missing out.”
The Help to Buy scheme enables first-time buyers to secure a new-build home with a five per cent deposit and 75 per cent mortgage. The remaining 20 per cent is provided in the form of a Government-backed equity loan which is interest free for the first five years. The scheme is eligible on homes priced up to £437,600 in the South East region.
A range of one, two, three and four-bedroom properties are currently available, with prices ranging between £175,995 and £361,995.