70% of Shared Ownership homes sold at Chestnut Fields in Woking

With high local property prices continuing to challenge affordability, Chestnut Fields provides an opportunity for aspiring buyers to take their first step onto the property ladder.

A collection of one-bedroom apartments designed to provide affordable, manageable living spaces for individuals and couples. These homes feature contemporary kitchens, well-proportioned living areas, and private outdoor spaces.

The one-bedroom homes start from £94,500, based on a 35% share (other shares available). Buyers require a 5% deposit of £4,725, with monthly payments of £1,000 (including £471.02 mortgage payments, £402.19 rent, and an estimated monthly service charge of £127.09*).

Homes at Chestnut Fields are available to purchase through Shared Ownership, a scheme designed to help aspiring homeowners by enabling them to purchase a share of a property, while paying a reduced rent to Abri on the remaining amount. With Shared Ownership, buyers only need a mortgage for the portion of the home they wish to purchase, meaning the deposit is typically lower than if buying on the open market. First priority is offered to applicants that live or work in Woking, in line with guidelines established by Woking District Council, helping to make homeownership accessible to local first-time buyers and residents who may otherwise find themselves priced out of the area.

Stuart Hensby, Sales and Marketing Director at Abri, said: "Strong interest in Chestnut Fields underlines the ongoing need for affordable housing in in the local area. By prioritising applicants with a connection to Woking, this development helps provide more residents with the opportunity to secure a home in an area where quality, affordable options remain limited.

“Our Shared Ownership homes at Chestnut Fields are a fantastic opportunity for a variety of buyers looking for a more attainable and affordable step on to the property ladder. These homes have been snapped up and 70% of all homes have sold, with enquiries remaining high.”

Situated approximately two miles from Woking town centre, residents will benefit from nearby amenities including shops, schools, community facilities, and a range of dining options. Woking train station, within easy reach, offers frequent services to London Waterloo, with up to 14 trains per hour during peak times and journey times

from around 25 minutes. There are also regular connections to Guildford, Basingstoke, and other key destinations. This excellent connectivity positions the development as a practical choice for commuters and those seeking convenient access to wider employment hubs.

With a full market value of £270,000, this Shared Ownership opportunity offers an affordable way to get onto the property ladder in a thriving, in-demand location. For more information about Abri Homes, email [email protected] or call 0800 145 6663.

*Based on a 95%, 30 year mortgage with an interest rate of 4.8%. Service charge is subject to an annual review.