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Shared ownership

Shared ownership at Rochester Riverside in Rochester

by Hyde New Homes

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1 & 2 bedroom apartments
From £96,000 for a 40% share
(From £240,000 Full Market Value)

Rochester, Kent, ME1 1PZ

Hyde New Homes

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This is a Shared ownership development by Hyde New Homes

Launching January 2025, Shared ownership at Rochester Riverside offers a modern collection of 1 & 2 bedroom apartments in a riverside location at the heart of the city.

1 bedroom apartments priced from £96,000 for a 40% share*. Deposits from £9,600.
2 bedroom apartments priced from £79,000 for a 25% share*. Deposits from £7,900.

*Terms and conditions apply – contact our sales team to find out more.

• Located in the heart of the city with a perfect balance of history and modern contemporary living
• Set within 10 acres of open space, with a central plaza and newly regenerated riverside walk
• Stunning views across the Medway and inland towards historic Rochester Castle and Cathedral
• Excellent travel connections via rail to London and the South Coast and beyond
• New commercial facilities including hotel, local supermarket and coffee shop and a new primary school
• Local area well known for the annual Dickens Festival

Set down your roots with a perfect balance of history and modern contemporary living in an established community in Rochester. The homes boast contemporary specifications and come complete with integrated appliances and quality flooring fitted at no additional cost, ensuring a hassle-free move-in experience.

Register your interest to keep up to date with everything Rochester Riverside and find out more about our launch!

A fantastic location

Located on your doorstep is Rochester station with excellent connections to London, the South Coast and beyond. What’s more, a short walk away is the on-site central plaza including a Co-op, Costa, Travelodge and new primary school.

All-year round feel the breeze in your hair on riverside walks or runs along Rochester Riverside’s new walkway, or visit Riverside Country Park where the reed beds, mudflats and salt marshes are a special haven for wildlife.

Love living local

But it's not just about the convenient location, Rochester offers you the chance to immerse yourself in the local scene; sit out at pavement cafés, explore the historic Rochester castle, or become a regular at the Farmers’ Market with its stalls of freshly baked bread, artisan cheeses, award-winning chilli-infused oils and cherries, pears and apples from Kent orchards.

Just down the road, Strood has a superb choice of supermarkets, as well as the Strood Sports Centre – a hub for swimming, a workout or fitness class. Rochester’s Leisure Park is home to Cineworld, Hollywood Bowl and a choice of diners, or catch the latest production at The Little Theatre.

Rochester loves its festivals and events which run throughout the year, from the traditional Sweeps and Dickensian Festivals to the Medway Arts Festival. The magnificent castle and gardens host the July Medway Mile event and in wintertime they become a fairy-tale backdrop for the Christmas Market with its hot chocolate stalls and Bavarian food village.

Make the most of the Hyde difference

• Over 90% customer satisfaction for 11 consecutive years
• Experienced in-house sales team to help you with the process to owning your own home
• Option to purchase more shares and own your home outright at any time
• High specification as standard
• Contemporary kitchen units with integrated appliances
• NHBC warranty
• Quality flooring included at no extra cost

What is shared ownership?

Perfect for first time and repeat buyers alike, shared ownership is a government backed scheme which allows you to purchase a home which may be out of your price range by allowing you buy to a share of a home and pay a subsidised rent on the remaining share.

You can buy a 25% – 75% share of your new home. You’ll pay a mortgage on this and a subsidised rent to Hyde New Homes on the remaining share.

As time goes on and your income rises, you’ll have the option to ‘staircase’ – to increase the amount you own and eventually, you can own 100% of your home, and no longer pay rent. Eligibility criteria applies.

Register your interest to keep up to date with everything Rochester Riverside and find out more about our launch!

Example Shared ownership share price options

The following table shows examples of the share price range of this development at various share points

 
Share Price from
40% share£96,000
45% share£108,000
50% share£120,000
55% share£132,000
60% share£144,000
65% share£156,000
70% share£168,000
75% share£180,000
 

Are we missing any purchase information? Contact the developer

Please note: Computer generated images are for illustrative purposes only. Images may include optional upgrades at additional cost. Its purpose is to give a feel for the development, not an accurate description of each property. External materials, finishes, landscaping and the position of garages (where provided), may vary throughout the development. Properties may also be built handed (mirror image). Please ask for further details.

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