If you’re looking for a new family home in Tunbridge Wells, Showfields could be worth exploring.
Located on Showfields Road in Tunbridge Wells, the development forms part of a major regeneration project creating modern new homes and improvements to the wider neighbourhood.
A limited number of three-bedroom homes are available through Shared Ownership in Tunbridge Wells with Love Living Homes, providing an opportunity for eligible buyers to take a step onto the property ladder while living in an established Kent community.
With schools, shops, green spaces and Tunbridge Wells town centre nearby, together with rail connections to London, Showfields could appeal particularly to families looking for more space while remaining within commuting distance of the capital.
£480,000
Equity share: 25% / £120,000
£465,000
Equity share: 25% / £116,250
Showfields is a new-build housing development on Showfields Road in Tunbridge Wells, TN2 5PP.
The development is part of a wider regeneration of the Showfields neighbourhood, replacing older homes with modern properties alongside improvements to green spaces, streets and the wider environment.
The first phase includes 83 new homes, following the demolition of 68 existing properties, with the wider regeneration project planned to replace 110 older homes with 146 new, modern and energy-efficient properties across two phases.
The new homes are designed to provide modern family living in an established neighbourhood, while the wider regeneration is intended to improve the local environment and strengthen the existing community.
Showfields currently offers a limited number of three-bedroom homes through Shared Ownership, making the development particularly interesting for families looking for an affordable route into homeownership.
The available properties include mid-terrace, end-terrace and detached homes, with the homes shown on the current availability list having around 99.9 square metres of internal space.
Current full market values range from around £465,000 to £480,000, with 25% Shared Ownership shares starting from approximately £116,250. Monthly rent and service charges are also payable on the current homes, with the exact amounts depending on the property.
As with any new-build development, specifications, prices and availability can change, so prospective buyers should check the latest information before making a decision.
Showfields is located on Showfields Road in Tunbridge Wells, Kent, close to the town centre.
The location provides access to the shops, cafés, restaurants and other amenities that Tunbridge Wells is known for, while the surrounding area also offers plenty of green space.
For families, the town has a wide choice of schools, while parks including Dunorlan Park, Grosvenor and Hilbert Park and Calverley Grounds provide places to walk, play and enjoy the outdoors.
The wider area also offers opportunities for days out, including Penshurst Place and Bedgebury Forest.
Tunbridge Wells combines the feel of an established Kent town with a wide range of amenities and green spaces.
For families living at Showfields, having parks and open spaces close by could be particularly useful for everyday activities, walks and spending time outdoors.
The town also has a strong local community, with events, markets and activities taking place throughout the year. The Pantiles is one of the best-known areas of Tunbridge Wells, with independent businesses, markets and seasonal events.
Education is another attraction for families considering the area, with Tunbridge Wells home to a number of state and independent schools.
At the same time, residents are not far from the town centre, meaning shops, cafés, restaurants and cultural attractions are all within easy reach.
For buyers who need to travel to London, Tunbridge Wells offers established rail connections to the capital.
Love Living Homes says rail journeys from Tunbridge Wells to London can take around 50 minutes, making the town an option for commuters who want to live outside London while retaining access to the capital.
That combination of transport links, green space and local amenities could make Showfields interesting to families where one or more household members commute for work.
The location also provides access to other parts of Kent, giving residents the opportunity to enjoy both town and countryside.
The three-bedroom homes at Showfields are particularly suited to families looking for more space.
The development could also appeal to buyers who want a new-build home in Tunbridge Wells but find purchasing a property outright difficult.
Shared Ownership provides another route into homeownership, allowing eligible buyers to purchase a share of a property rather than buying the entire home from the outset.
As with any Shared Ownership property, buyers will need to meet the relevant eligibility and affordability requirements before purchasing.
Shared Ownership is a way of buying a home where you purchase a share of the property’s value and pay rent on the remaining share.
For example, rather than buying a property worth £400,000 outright, an eligible buyer might purchase a 25% share worth £100,000 and pay rent on the remaining 75%.
The exact share available varies between properties and developments.
Shared Ownership buyers may also be able to purchase additional shares in their property in the future, where permitted by the lease. This is known as staircasing.
One potential benefit of Shared Ownership is that the mortgage required can be smaller than if you were purchasing the entire property outright. However, buyers also need to budget for rent on the remaining share, service charges and other costs associated with owning a home.
Shared Ownership is not simply another form of renting. You become a homeowner of the share you purchase and have responsibilities in accordance with the terms of your lease.
The current Showfields availability includes three-bedroom homes with full market values from around £465,000, with a 25% minimum share starting from approximately £116,250. Some of the larger or detached homes have full market values of around £470,000 to £480,000, with 25% shares from approximately £117,500 to £120,000.
The current availability information also shows monthly rent and service charges, which vary depending on the property.
Prices, availability, rent and service charges can change, so prospective buyers should always check the latest figures and key information documents before proceeding.
Showfields brings together several features that may appeal to families looking for a new home.
There are modern three-bedroom homes, an established neighbourhood, access to green spaces and the wider amenities of Tunbridge Wells, as well as rail connections towards London.
The wider regeneration also means the development is part of a significant investment in the Showfields area, with improvements planned to homes, green spaces, footpaths, cycle routes and the local environment.
For eligible buyers, Shared Ownership provides another way to access a new-build home in an area where buying a property outright may require a considerably larger budget.
Showfields provides an opportunity to explore modern three-bedroom Shared Ownership homes in Tunbridge Wells, particularly for families looking for a new-build property.
If you’re interested in the development, you can check the latest availability, prices and eligibility requirements and register your interest with Love Living Homes.
You can also find Showfields and other Shared Ownership homes through MovingSoon, giving you another way to discover new-build properties that may be available in your area.
As with any property purchase, make sure you understand the full costs, eligibility requirements and terms of the Shared Ownership arrangement before proceeding.
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