Shared Ownership

This brand new home is available to buy from as little as £150,500 with a 35% share!

Introducing Hollymead Square – Your Gateway to Modern, Energy-Efficient Living

Nestled in the idyllic village of Newport, Essex, Hollymead Square offers an exceptional collection of 2, 3, and 4-bedroom homes available through Shared Ownership. These stylish properties are designed to provide both comfort and sustainability, featuring contemporary interiors, landscaped gardens, and allocated parking for two vehicles.

The 2-bedroom homes at Hollymead Square are designed with practicality in mind, offering open-plan living spaces, a modern fitted kitchen, downstairs cloakroom, modern family bathroom and two comfortable bedrooms. These homes also feature a private garden and two allocated parking spaces, making them an ideal choice for first-time buyers or downsizers.

Zero Energy Bills for Five Years!

Live smart and save big with the revolutionary Octopus Zero Bills scheme. Powered by cutting-edge renewable technology, including solar panels, battery storage, and air-source heat pumps, these homes guarantee zero energy bills for at least five years. It’s a step toward a greener future—and a lighter financial footprint.

Perfectly Positioned

Hollymead Square combines tranquil countryside living with excellent connectivity. Newport train station, a short walk away, provides direct links to Cambridge and London Liverpool Street. Local amenities, from schools to charming shops, ensure everything you need is within reach.

Don't miss this chance to step onto the property ladder in style! For more information on these energy-efficient homes and the Zero Bills scheme, speak to one of our advisors.


PRICING & AFFORDABILITY

Approximate Size 83 sq m

Full Market Value: £405,000

35% Share Price: £150,500 (rent £640.52pcm)
50% Share Price: £215,000 (rent £492.71pcm)
75% Share Price: £322,500 (rent £246.35pcm)

Minimum 5% Mortgage Deposit (35% share): £7,525
Approximate Service Charges: £32.88 pcm*
Shared Ownership Lease: 990 years
Council Tax Band: TBC

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

At Hollymead Square you can buy a minimum 35% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £80,000
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

**These photos are for information purposes only and may not represent a true likeness for the units being sold. They may have been taken from earlier phases or similar developments/house types and digitally furnished to represent how the home could be laid out; the final colours/appearance/specification may differ from the images and are not plot specific. We advise applicants to make their own investigations on future development in the area. We would suggest contacting the local authority for more information.; Service Charge: 394.56