Kiln Road Benfleet

Date:Nov 20, 2009

In July 2009, East Thames completed a new affordable scheme known as Grovewood Court in Kiln Road, Benfleet. The development comprises 6 x
1 bed flats and 2 x 2 bed flats. The scheme was grant funded by the Homes and Communities Agency with support from Castle Point Borough Council.
Despite the economic downturn, there was considerable interest in the new scheme including a well attended open day in July 2009. The
development was originally marketed for shared ownership with prices starting at £34,500 for a 30% share on the 1 bed flats and £38,250 for a
30% share on the 2 bed flats. All 8 properties are now occupied. Five properties have been sold on a shared ownership basis. Subsequently, in
recognition of the changing market conditions, three properties have been allocated on a “rent now, buy later” basis following agreement between
East Thames, the Homes and Communities Agency and the Council. The development was officially opened by the Council’s Cabinet Member
for Homes, Cllr Wendy Goodwin, on 14th October 2009. Cllr Goodwin said “I was delighted to open this new development provided by East Thames
Housing Group. It provides a much needed contribution to affordable housing in Castle Point and it is very encouraging that so much interest
has been shown in it given the present difficult economic situation”. For further information please call East Thames Housing on 0845
6000 830.

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