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Last chance to buy in Lexden

24th July 2015 Print
Redrow home

Those who long to leave London for the quiet life of an Essex village will need to act fast to avoid disappointment.

King’s Park in Lexden, near Colchester, offers a commuter haven within an hour’s journey to the capital.

The 31-home development was officially launched in January and is now approaching a sell-out with only five houses and two apartments available.

Kerry Jenkins, sales director for Redrow Homes (Eastern), says: “King’s Park continues to attract a good mix of purchasers ranging from first time buyers to growing families, downsizers and everything in between. They all recognise that the development offers a winning combination of high specification homes in a sought-after village location with good local amenities and strong commuter links. These factors have helped make King’s Park a success and now that availability is limited we’re encouraging would-be homeowners to contact us without delay.”

Despite small numbers available, there’s still plenty of choice including two-bedroom apartments and three and four-bedroom homes with prices ranging from £278,995 to £674,995.

Properties priced under £600,000 are available with Help to Buy. The Government backed equity loan reduces the initial price of an apartment from £278,995 to £223,196. Typically those purchasing a home with Help to Buy should only need a 5% deposit, plus a 75% mortgage from their chosen lender. The remaining 20% is covered by the equity loan, which is interest free for five years and can be repaid when purchasers have more funds available or they resell.

Those looking to buy a family home at King’s Park who have a property of their own to sell could find that they’re able to move quickly and simply with part exchange.

“Whether you’re an aspiring first time buyer or a homeowner looking to move up the property ladder we can help make your dream move a reality,” Kerry adds.

“In some cases we may even be able to secure a buyer for the customer’s property with our Mastermove service so that they can then purchase a brand new home with Help to Buy.”

Situated just a mile from the centre of Colchester, residents of King’s Park will benefit from having a wealth of amenities close to home.

It’s a great base for commuters as trains from the local station offer journey times to London of less than an hour.

To find out more, visit the showhome and sales office at King’s Park, open Thursday to Monday from 10am to 5.30pm. Alternatively, see

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Redrow home