Parachute Grove


Parachute Grove

Register interest
Property reference number: 1638883
Parachute Grove is a two-bed property located in an apartment block built in 2020. The lease remaining on the property is 122 years. 

Local buses serve the area and the night buses provide links to the city. Local amenities are located 0,1 miles away. For leisure and enjoyment, Bars and restaurants are within 0,2 miles.
  • Nearest Station: Arlesey and Watford
  • Bus routes nearby: 74, W1, W4, W5, W06, W7, W8, 9C, 74, W4
The property comprises:
  • Entrance: Hallway with one large storage cupboards and entry phone system.
  • Living room: Spacious lounge with lots of natural light and open plan kitchen. Carpet flooring.
  • Kitchen: High gloss white base and wall units with integrated appliances in very good condition. Laminate flooring.
  • Bedroom one: Double bedroom. Carpet flooring.
  • Bedroom two: Double bedroom. Carpet flooring.
  • Bathroom: Off-white suite comprising panelled bath with shower head, WC and hand washbasin with shelving and large mirror over. Laminate flooring.
  • Outside: Allocated parking space, communal garden and secure cycle storage.

What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact  and our team will be able to help you.

What is Resale Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 

Financial information
•    Tenure: Leasehold
•    Remaining lease term: 122 years
•    Annual ground rent amount: £0
•    Ground rent review period: No ground rent to pay until final staircasing.
•    Annual service charge amount: £1,345.32
•    Service charge review period: Annually
•    Council tax band: B

*Financial information correct as of 12.08.2023


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*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.


Parachute Grove, Henlow, Henlow, Central Bedfordshire, SG16 6GT Open in Google Maps




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Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

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