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PEABODY LAUNCHES HOUSES IN COLCHESTER CITY WITH SHARED OWNERSHIP AT ABBEY CORNER

17 Jun PEABODY LAUNCHES HOUSES IN COLCHESTER CITY WITH SHARED OWNERSHIP AT ABBEY CORNER

Recently awarded city status as part of the Queen’s Platinum Jubilee celebrations, Colchester is a must-see destination on the map for new home-movers. Launching on Wednesday 13th July is Abbey Corner by Peabody, an impressive collection of two and three bedroom houses all available to purchase through Shared Ownership in Colchester. The development allows those looking to purchase their own home to do so without the need for a big deposit, this is done by purchasing the share of the property they can afford (starting from 30%) and paying a reduced rent on the remainder.

The launch kicks off on the 13th July with an exclusive webinar event, offering customers an overview of the development and floorplans for each of the houses, along with how to buy their new build home with Peabody through Shared Ownership. There will be an opportunity for any questions at the end of this and time to book in a 1-2-1 virtual viewing from Saturday 16th – Tuesday 19th July – this private session will allow each customer time to explore the two 3 bed show homes walkthroughs and reserve their dream home.

Andrew Peglau, Assistant Director of Marketing at Peabody comments: “Abbey Corner provides purchasers with an excellent opportunity to live close to everything Colchester has to offer in a beautiful brand-new house. The Shared Ownership offering makes home ownership a reality, allowing buyers to purchase a share of a property and pay rent on the rest, with the opportunity to buy further shares, to in-turn have outright ownership. This is a much sought-after area of the town, and, with the modern design of each property and high-quality interiors, we anticipate a strong interest in Abbey Corner and encourage buyers to register their interest as soon as possible to avoid missing out.”

The Bilberry at Abbey Corner – Dining Room.jpg

Colchester has enjoyed a range of new investment in recent years, securing £50 million improvement plan by Colchester council. This includes a strong package of investment programmes and projects around active travel, employment and skills, regeneration, young people, heritage and culture, making this an ideal time to enter the local property market.

The spacious layouts of each house and scenic development setting will make Abbey Corner an appealing place to live for a range of buyers, from young families to first-time buyers. For those looking for Saturdays filled brunching with friends to lazy Sundays of barista coffees, Colchester offers it all. Just a short walk from your home will bring you to arts and culture, music venues and boutique cafes and restaurants.

Young families will also benefit from its proximity to numerous well-regarded local schools, including the Ofsted ‘outstanding’ rated Hamilton Primary School which is within walking distance of Abbey Corner, as well as a further seven ‘good’ rated primary and secondary schools within a mile of the development.