Shared Ownership in Southend-on-Sea
This revitalised Essex town has been bursting into life following years of slow decline. What does that mean for homeowners in the area? New life is swirling in its streets, and with new life comes new investment. And that my friend, means buying a home in Southend is a very shrewd move.
Why you should buy a home in Southend-on-Sea?
You can be whisked to Fenchurch Street from the Central and East stations in 40 minutes, or into Liverpool street from Southend Victoria in less than hour. You’ve also got Southend Airport on your doorstep – a gateway to destinations in the UK and into Europe.
As for city life, well, it’s getting smarter by the day. Once a little rough around the edges, it’s blossoming with new independent shops, galleries restaurants and cafes. But what’s so endearing is its nostalgic seaside vibe that’s always at its heart.
You can still find the retro fish and chips, the flashy arcades and ice-cream-licking locals. But there are also hip new openings and regeneration plans well into the planning stages, from the proposed £50 million seafront upgrade, to the vast £400 million residential development of the Queensway estate. Southend’s a place that doesn’t take itself too seriously. A place with an enormous sense of fun. And one that’s hotly tipped for a residential boom. Buy now, before it’s too late.
If you’re thinking about buying a new home in Southend-on-Sea, the good news is that this is a fantastic time to invest. And if you need some help getting that foot on the ladder, consider shared ownership, whereby you part-buy part-rent a place with just a 5% mortgage. Sounds tempting?
Buying a shared ownership property doesn’t mean a scrappy flat in a shoddy area – more often than not, it means a swanky home in an all-encompassing buzzing community. Take the swish Richmond House – a central sprawl of flats, all clean lines, upmarket fittings and open-plan living. Buy here and you’ll have the town’s buzz and the region’s charming stretch of coast on your doorstep. A real one to watch is the sprawling Better Queensway development. Still in the planning stages but one gaining lots of backing and media attention, the project will see the transformation of this central area into a thriving community with design credentials to propel it into the 21st century. The result will be spruced up outdoor spaces and high-quality new housing – making it one of the area’s most exciting regeneration projects to invest in.
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