Just released

Kingfields Park

Diversity Dr, Kingswood, Hull, HU7 3NJ

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  • 2-3 bedrooms

Prices from…

Shared ownership:£37,500*
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Unique styles in a new setting

Kingfields Park is a collection of two and three-bedroom homes for sale with shared ownership in Kingswood, on the outskirts of Hull. Available to reserve now, and ready to move into later this year.

Kingswood has all the amenities you need, from local shopping to a range of leading schools. Hull City Centre is a short drive away and there are convenient road links to the North too.

Key features of Kingfields Park

  • Uncrowded development set around a new urban green space
  • Available with shared ownership
  • All homes include parking
  • 20-minute drive from Hull City Centre
  • 1.4 miles from Kingswood Retail Park
  • Ready to move into later this year

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Shared Ownership

Shared ownership is a government-backed scheme that makes it easier for you to buy an affordable stake in a property.

The share you buy is dependent on your financial and personal circumstances. It can be from a minimum of 25% to a maximum of 75% share of the full market value of the property. You may be able to buy further shares at a later stage and in most instances you will be able to buy up to 100% of the shares in your home and own it outright. However, in some cases there may be restrictions on when you can buy a further share or on the maximum total share you can own.

Further information can be found in our Shared ownership article.

Do I Qualify?

You qualify for shared ownership if you:

  • Have a household income of under £80,000 (less than £90,000 in London)

  • Don’t currently own your home and can’t afford to on the open market

  • Can afford the minimum deposit

  • Pass an affordability check to make sure you can get a mortgage

* The full market value of these homes is from £150,000 but, with shared ownership, you could purchase an initial 25% share for just £37,500 and pay a monthly rent on the remaining share. If you’re buying with a mortgage you may only need a deposit of 5% of the amount you borrow, meaning your deposit could be as low as £1,875.

Keen to find out more?

Whether you’d like to book a viewing or simply have a quick introductory chat, our helpful advisory team would love to hear from you.

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