Developer’s Shared Ownership Homes At Two North-West London Sites
WhatHouse? Award-winning Hyde New Homes is offering Shared Ownership apartments at two developments in north-west London: Eastman Village in Harrow and Helix in Harlesden.
Eastman Village is located on the historic site of the former Kodak factory and has homes in its Beaton Apartments via Shared Ownership, and with six months’ free rent incentive for a limited time only.
The development, which forms part of a £1.75billion regeneration programme with Harrow council, includes one-, two- and three-bedroom apartments in this exciting new residential quarter, conveniently located in the heart of town.
Minnie Dando, head of marketing and communications at Hyde New Homes, believes that choosing Shared Ownership is a fantastic way to get onto the London property ladder: “Typically, a one-bedroom apartment at Eastman Village’s Beaton Apartments would be priced at a minimum of £331,000, for the full market value. A 25% share priced at £82,750 would require a minimum 5% deposit of £4,137.50 with monthly payments working out at around £392 mortgage and £569 rent on the unpurchased equity plus £141.33 service charge payable to Hyde.”
“With select homes in Beaton Apartments, we are offering six months’ free rent, which can save buyers up to £3,432 on a one-bedroom home. In addition, we have reduced our reservation fee toto just £99 which, combined with a 5% deposit, we hope will assist those looking to get a good-quality and well-connected home in London.”
Helix
Nearer central London, in Zone 3, the ready-to-move-into new Shared Ownership homes at Helix are just five minutes’ walk from Harlesden tube station. This is the final part of the major regeneration project of New Stonebridge Park and only four homes are still available.
Final availability at Helix includes a two-bedroom maisonette with a full market value of £483,000. Buyers can purchase a 25% share at £120,750 with a 5% deposit of £6,040. The living space on the ground floor comprises a generous open-plan living/dining/kitchen plus a separate WC. Two double bedrooms include a fitted wardrobe to the master, and a modern bathroom plus plenty of storage space. The home also comes with a large patio garden so owners can enjoy the benefit of private outside space.
Also available is a fifth-floor two-bedroom apartment, valued at £520,000. Purchasing a 25% share at £130,000, buyers can secure this property with a 5% deposit of just £6,500. This home boasts not one, but two terraces from which to enjoy far-reaching views across north London. One from the bright and spacious living/dining/kitchen, the other from the master bedroom, which also includes a fitted wardrobe and en suite shower room. The second bedroom comfortably fits a double bed, and the apartment also comes with a separate bathroom and two storage cupboards.
Both homes benefit from contemporary kitchens with integrated appliances, quality flooring and underfloor heating included in the purchase price.
Minnie Dando added: “The idea of owning a home in London can seem unachievable, but at Helix, it could become a reality. Visitors to our marketing suite at Helix will have the chance to view a fully dressed show home as well as the home they are interested in. They can also talk though their situation with our friendly in-house consultant who is fully trained to find the best option to suit their particular circumstances.”
Find out more at www.hydenewhomes.co.uk.
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