New Part Buy-Part Rent Homes Come To West Norwood
Posted 15 February 2024 by
Keith OsborneWith deposits starting from under £10,000, Home Reach is bringing a contemporary collection of two- and three- bedroom Shared Ownership homes to Knollys Road in West Norwood, just a short walk from the bustling High Street.
Featuring open-plan kitchen/living/dining areas, private balconies or terraces and solar panels, all 19 homes are available through the ‘part-buy-part rent’ scheme called Home Reach. Offering the chance to purchase between 35%-75% of the property’s full market value and rent the remaining portion, Home Reach can be a more accessible option for many looking to step onto the property ladder.
Melissa Toomey, director of sales at Heylo Housing, commented: “This has to be one of our most exciting launches in the capital to date! The Marziale’s location is just fantastic – residents will have everything on their doorstep, and can get into the city quickly and easily via a number of routes. The homes have been built to a high standard, offering plenty of natural light and thoughtful layouts that work for modern singles, couples and families.”
Ideally located less than 10 minutes’ walk from West Norwood High Street, a wealth of food, drink and shops await. Knowles of Norwood is a popular local pub, while 400 Rabbits pizzeria is consistently busy with those looking for a budget-friendly bite. Local shops include a Sainsburys, Tesco and Co-op, with a small fruit and veg market popping up a couple of times a week just off the High Street.
The Marziale
The West Norwood Library and Picturehouse is a community hub. Complete with coffee shop, co-working spaces, baby classes and even the odd film premiere, it’s a popular spot for all ages. When it comes to working out, the West Norwood Leisure Centre offers a pool, gym and wide range of classes, while Anytime Fitness and More Yoga are also close by.
Access to highly rated schools and nurseries is another key selling point; all schools within the near vicinity are rated ‘Good’ by Oftsed, including Hitherfield Primary School, Julian’s Primary School, Dunraven Educational Trust and Sixth Form and Monkey Puzzle Day Nursery.
Residents at The Marziale are incredibly well connected, with three train stations within a 15-minute walk. Trains from nearby Tulse Hill station take just 21 mins to Farringdon for the Elizabeth line, and 24 mins to St Pancras. Streatham Hill is also just a short walk away, with frequent connections to Clapham Junction taking just nine minutes, and London Victoria just 17 minutes, running on the same line as West Norwood station. Regular buses to Brixton and the Victoria Line run from both West Norwood and Streatham Hill.
Prices at The Marziale start from £180,250 for a 35% share of a two-bedroom apartment (full market value £515,000), and £215,250 for 35% share of a three-bedroom home (full market value £615,000). Selected parking spaces are available to buy in the secure underground car park, which also houses cycle racks and electric charging points. Find out more.
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