New homes snapshot – Mill Hill new builds provide choice for North London buyers
Along with many other parts of north London, and the capital in general, the district of Mill Hill in Barnet is set to be transformed by the construction of thousands of new homes over the coming years.
In fact, Mill Hill has plans for 13,000 brand new homes, while there are a further 2,174 set for Millbrook Park in Mill Hill East, where the former Inglis Barracks site is being transformed by new street scenes and numerous landscaped areas.
As a generally affluent area and with some good transport connections in and out of London, it is understandable why people are attracted here, especially as prices become increasingly unaffordable in central London.
The area has two stations, Mill Hill Broadway on the Thameslink line from Luton and Mill Hill East, a terminus of the Northern line Tube network, while the area is bordered on the west by the M1. Bus services link to surrounding areas such as Hendon, Barnet, Finchley and Edgware and there has even been a petition to extend the Tube line to National Rail services at Borehamwood.
The Millbrook Park development is a hive of activity right now, with a host of housebuilders currently constructing a wide variety of apartments and houses as well as new playgrounds and open spaces for residents to enjoy. A new primary school has already been built there to accommodate the family buyers moving in, and some 500 new jobs are anticipated in new office and light-industrial premises within the area.
New homes currently for sale in Mill Hill:
CALA Homes is one of the multi-award-winning housebuilders at the early phases of Millbrook Park. In fact, just three of its homes remain for sale, starting at £824,950, among 65 apartments and 13 houses. One townhouse and two apartments remain for sale.
Countryside Annington is another major player at Millbrook Park, at The Mount. Its apartments start at £395,000 for a one-bedroom home with parking space, while its recently released selection of contemporary executive townhouses starts at £949,995, with just under 2,000 sq ft of space in three- and four-bedroom formats. Help to Buy London has been a popular option to date on properties priced up to £600,000, where buyers need a 5% deposit and 55% mortgage to get a government equity loan for the remaining 40%, interest-free for the first five years.
Taylor Wimpey is a name known to many, and the company is offering a range of three-, four- and five-bedroom homes at Millbrook Park, priced from £699,950. The current phase of homes is located adjacent to the Panoramic Park, offering peaceful surroundings that would be ideal for family buyers.
Linden Homes is another highly regarded housebuilder with a slection of new properties for sale at Millbrook Park. Its current phase has a range of three- and four-bedroom terraces from £730,000 and a last five-bedroom detached house at £1.4m. Buyers may be helped by the offer of Part Exchange on an existing property.
Recently, plans were approved for another developer at this development, Prime Place, were approved, with 188 homes, a mix of one- and two-bedroom apartments and penthouses alongside three- and four-bedroom houses. Twenty-nine of the homes will be ‘affordable’ to help buyers unable to meet full market price.
On an entirely different site further north-west, Berkeley Homes is build St Joseph’s Gate, converting a much-loved Grade II listed former college into luxury two- and three-bedroom apartments combining original features and striking contemporary specification, all set in seven acres of grounds. Prices for these prestigious properties start at £1.31m.
Local agent Glentree is marketing another unique development of 32 two- and three-bedroom apartments in a converted commercial building, giving the residential units a Manhattan-style feel reflected in the name, The Lofts. Priced from £660,000, the second phase has been released and provides high ceilings, large windows and exposed brickwork.