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Summer Launch For Croydon Shared Ownership Apartments

Posted 27 May 2022 by Keith Osborne

Notting Hill Genesis is preparing for the launch of a collection of Shared Ownership apartments at Aspect Croydon...

Notting Hill Genesis is bringing a collection of new, contemporary homes for first-time buyers to south London this summer with the launch of Aspect Croydon.

The 26-storey development will offer one-, two- and three-bedroom apartments available to buy through Shared Ownership, each with its own private winter garden and the added luxury of access to a concierge set within an impressive entrance lobby with flexible mezzanine communal space.

Ninety-two homes will be available to purchase, with one-bedroom apartments starting from £91,250 for a 25% share, two-bedroom apartments from £108,750 for a 25% share, and three-bedroom apartments from £131,250 for a 25% share.

Shared Ownership at Aspect Croydon offers buyers the chance to experience luxury apartment living, but with a much smaller deposit than if they were to purchase outright. Through the scheme, buyers can purchase a percentage share of a property’s full market value and pay a subsidised rent on the remainder of between 25% to 75%t. When they can afford to, they can increase the amount they own by buying further shares, until they own 100% of your home.

The contemporary apartments at Aspect Croydon are fitted as standard with integrated appliances including a dishwasher, oven and hob, fridge-freezer and washer-dryer. The kitchen has a luxury feel, with handle-less cupboard units and to selected layouts a wood-fluted breakfast bar. Throughout the apartment there are built-in wardrobes, energy-efficient underfloor heating and high-quality oak wood effect flooring. Many of the homes are dual aspect, benefiting from floor-to-ceiling windows which fill the apartment with natural light.

Set in the heart of Croydon, the development offers buyers the perfect opportunity to live in a vibrant area, with local amenities to hand – yet within easy reach of central London and the wider South East area.

Aspect CroydonCroydon’s busy hub of restaurants, bars, shops and local attractions is just around the corner, including Boxpark, with eating options and event space hosting movie screenings, live music, creative workshops, art exhibitions, and comedy nights. For those who like the outdoors, nearby leafy Wandle Park, Lloyd Park and Coombe Wood are a stone’s throw away, giving buyers access to acres of green, open spaces.

Aspect Croydon is an ideal location for first-time buyers due to its convenient transport links, with Wellesley Road tram stop on the doorstep, providing routes throughout south London, and East Croydon station a five-minute walk, connecting with central London including Victoria and London Bridge in under 30 minutes. Those looking to travel further afield can also make use of quick connections to Gatwick Airport.

Lauren Nicholson, head of marketing and digital at Notting Hill Genesis, said: “Our new homes at Aspect Croydon are perfect for first-time buyers looking to get onto the property ladder – including those renting locally in south London who want to stay in the area but now want to purchase a home of their own.

“Croydon is a bustling, vibrant neighbourhood with lots to see and do, and the excellent transport connections into central London make it an ideal location for commuters, while local green spaces offer the opportunity to relax and unwind away from the busyness of city life.”

Shared Ownership homes at Aspect Croydon start from £91,250 for a one-bedroom apartment with a 25% share. Find put more nhgsales.com.

 

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A Guide To Part Buy Part Rent
With Home Reach you buy a share of your chosen newly built home and pay a monthly rent on the part you don’t buy. Your budget will decide the size of the share you buy, rather than the size of your home. So, you might decide to buy a bigger share of a lower priced home or a smaller share of a more expensive home.

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