NHG Homes scheme offers properties with deposits starting at £4,625 for 25% of a one-bed
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NHG Homes’ Kidbrooke Square development is all set to welcome its first residents in the coming months.
Set beside the wider regeneration of the Ferrier Estate, the area has been transformed in recent years with extensive house building and landscaping.
This project has seen a wealth of amenities arrive in this part of the Royal Borough Of Greenwich, including the blockbuster playgrounds and open spaces of Cator Park – a winner of the Sir David Attenborough award for biodiversity – all of which will benefit Kidbrooke Square buyers.
NHG Homes’ scheme is currently offering one, two and three-bedroom properties on a shared ownership basis, with prices starting at £92,500 for a quarter share of an apartment.
The housing association recently unveiled a one-bedroom show home on-site, showcasing the features of its homes including fully fitted kitchens with A+ energy-rated appliances, bathrooms with porcelain floor tiles and white sanitaryware as well as built-in wardrobes and storage space.
Properties feature open-plan design and boast private outdoor space (including two apartments with winter gardens). Further benefits on-site include communal cycle storage and a concierge service.
Locally, Pegler Square is home to cafes, shops and The Depot pub as well as a gym and regular food markets.
In addition to Cator Park, the open spaces of Kidbrooke Green Park and Sutcliffe Park are also within easy walking distance.
The development is located right beside Kidbrooke Station, offering rapid connections into the centre of the capital – London Bridge takes about 16 minutes, with Waterloo East three minutes beyond that.
Journeys to Canary Wharf take a little over 20 minutes with a change at Lewisham onto the DLR.
The area is well served by bus services and cycle routes, with trips to Blackheath and Greenwich within easy pedalling distance.
NHG Homes head of marketing and digital, Amie Triphook-Cole, said: “Now is a brilliant time to buy at Kidbrooke Square, as residents start to move in and the community continues to grow.
“These fantastic apartments have been designed with a sense of comfort, accessibility and sustainability in mind.”
NHG Homes said the monthly costs of a shared ownership property at Kidbrooke – where rent is paid on the portion of the property not owned by the buyer – were cheaper on average than renting locally.
With a 5% deposit paid on a 25% share of its entry level one-bed, it estimates that cost to be £1,344 per month, dropping to £1,291, if a buyer pays a 10% deposit.
- key details
Prices at Kidbrooke Square start at £92,500 for a 25% share of a one-bed apartment, based on a total market value of £370,000.
The home extends to some 566sq ft and is available with a minimum deposit of £4,625 (5%).
Two-beds are also available starting at £111,875 for a 25% share. Deposits for that property would start at just under £5,600 (5%).
Find out more about Kidbrooke Square here
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- Jon Massey is co-founder and editorial director of Wharf Life and writes about a wide range of subjects in Canary Wharf, Docklands and east London - contact via jon.massey@wharf-life.com
