New-build shared-ownership 1-bed apartment — low-maintenance city living with affordable entry options..
- New-build one-bedroom apartment, approx. 444 sq ft
- Shared Ownership 50% share option, part-buy part-rent model
- Example 50% share £92,500–£115,000; deposit from ~£4,600
- Rent on unsold share approx. £211.98–£263.54 pcm
- Energy-efficient, low-maintenance modern build with balcony
- Broadband speeds in area reported very slow
- Estimated estate charge TBC; additional legal fees likely
- No flood risk; excellent mobile signal
A modern one-bedroom apartment in the new Foundry Park development, offered via Shared Ownership. The building is contemporary with metal cladding and glass-balustraded balconies; the apartment is compact (approx. 444 sq ft) and designed for low-maintenance, energy-efficient living. This layout suits a first-time buyer or downsizer seeking a manageable home in Chippenham.
The scheme offers a 50% share purchase option on a property with a quoted full market value of £185,000–£230,000. Example costs: 50% share £92,500–£115,000, minimum 5% deposit circa £4,600–£5,750, and estimated rent on the unsold share approx. £212–£264 per month. Estimated estate charge is to be confirmed; Shared Ownership purchases can include additional legal costs — buyers should get solicitor advice early.
Practical points: broadband speeds in the area are reported very slow, while mobile signal is excellent. There is no flood risk and the surrounding area is assessed as very affluent with good local schools and average crime levels. A launch event for early reservations is scheduled for 4th October 2025.