Beckton Parkside Hands Over Its First Homes

Beckton Parkside Hands Over Its First Homes

Beckton Parkside development in Beckton, part of Bellway London’s collection of homes, has announced the handover of their first homes to their new owners. This milestone was marked by the completion of an apartment building at the development, in which 55 home owners received the keys to their apartments.

Out of the 391 properties due to be built at Beckton Parkside, consisting of studio, one, two and three-bedroom apartments, a total of 200 are finished and occupied. Currently, the choices available at the development are studio, one, two and three-bedroom apartments within the Parkside Court and Redwood Court apartment buildings, with prices starting from £265,000. Further homes will be released for sale as building work progresses, while all work on site is due to be completed next year.

“A new community is forming in Beckton as more new residents arrive at Beckton Parkside. The latest completions here take the number of finished homes to 200, which means the development is now more than 50 per cent complete. Beckton Parkside has been particularly popular with first-time buyers, young single people and couples, and the Help to Buy scheme in London has helped many buyers to get a foot on the property ladder and realise their dream of homeownership,” said Emma Hamlett, Sales Director for Bellway London.

“The development still has new homes for sale with Help to Buy, but only on those reserved by 31 October 2022, and ready for build completion by the end of the year, so we’d urge anyone interested in Beckton Parkside to make an appointment with the sales team to find out more.”

The London Help to Buy scheme, which is due to come to an end in March 2023, allows first-time buyers to purchase a new-build home up to the value of £600,000 in London with a five per cent deposit and 55 per cent mortgage. The remaining 40 per cent is provided in the form of a Government-backed equity loan which is interest free for the first five years.

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BDC 299 December 2022