Shared Ownership Apartments Virtual Launch In North Acton This Weekend
Notting Hill Genesis is bringing brand new homes for first-time buyers to west London on Saturday 3 June with the highly anticipated launch of The Perfume Factory, North Acton.
Prospective buyers will be able to join sales advisers online to find out more about the homes available and the buying process. The development, which is located on the site of the former Elizabeth Arden factory, offers a collection of 60 one-and two-bedroom apartments available to buy through Shared Ownership.
With Shared Ownership, buyers purchase a share of the property with a mortgage (as little as 25% and up to 75%) and pay subsidised rent on the remaining share. The share of property owned can be increased over time until they own 100% of their home. As they are only buying a share of the full market value, the deposit will be based on that share, meaning that buyers may not have to save for as long.
The Perfume Factory sits within the £26billion Old Oak and Park Royal Development Area in the London Borough of Ealing, an up-and-coming piece of London which is already attracting many first-time buyers and is set to experience continued growth in the coming years. The development pays homage to its site’s rich heritage, and a unique stand-alone red portal arch sets the tone.
Homes have been designed with spacious open-plan layouts, mirrored fitted wardrobes and Nordic Oak wood-effect floors throughout living areas. Along with private balconies, the ample outdoor space includes landscaped communal gardens and a roof terrace with lawn, seating and a play area. The focus is also on sustainability, with cycle storage, energy-efficient Bosch appliances and communal spaces powered through the development’s integrated solar panels.
A great part of London in which to buy a home
North Acton is home to a well-established community – as well as plenty of nearby shops, cafés and leisure venues, green spaces like Wormwood Scrubs and Gunnersbury Park are right on the doorstep. Residents can also take advantage of convenient transport connections to shopping havens such as Westfield White City and independent shops on Portobello Road in Notting Hill.
The Perfume Factory benefits from excellent transport links from North Acton Underground station, just a two-minute walk away, and homes are ideally suited to modern buyers looking to balance style and convenience. Residents can reach Oxford Circus in 19 minutes, or Canary Wharf in under half-an-hour via the Elizabeth line.
Philip Wellard-Hughes, head of sales at Notting Hill Genesis, said: “North Acton is emerging as an exciting part of west London, and with high-quality homes, superb transport connections, and plenty of local amenities, The Perfume Factory is set to become popular with buyers. We’d encourage anyone looking to secure a home here to join our launch event on 3 June and learn more about the fantastic apartments on offer.”
Prices start from £110,000 for a one-bedroom apartment, and £122,500 for a two-bedroom apartment, both with a 25% share (full market values £440,000 and £490,000 respectively). Find out more about The Perfume Factory from Notting Hill Genesis.
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