First-time-buyers are being priced out of the property market in London, with the average novel purchaser being asked to fork out a staggering £109,000 deposit. Many home-hunters are therefore forced to broaden their horizons, and look for their dream home outside the perimeters of the city.
With this in mind; buyers who are eager to secure an affordable home that enjoys a trendy London postcode should look no further than the award winning Peckham Place by Notting Hill Genesis – where just three Shared Ownership properties remain. Fast becoming one of London’s property hotspots, the chance to own a sumptuous Peckham pad is an opportunity that first-time buyers will not want to miss.
Occupying a prime position on Peckham’s Queen’s Road – a mere five-minute walk from Queens Road Station – Peckham Place epitomises convenient London living. This popular, attractively designed development has been in-demand over the past few months, and only three stylish Shared Ownership properties remain; including a one-bedroom apartment, and a two and three-bedroom duplex. Each of these homes benefit from their own private outdoor space in the form of a balcony and/or terrace, in addition to beautifully landscaped communal gardens; with a luscious pocket park, picnic tables and sun loungers. Private parking is also available for the two duplexes.
James Munson, Head of Marketing for Notting Hill Genesis, comments: “Our award-winning development, Peckham Place, provides a uniquely affordable opportunity to own a home in one of London’s most sought-after locations by purchasing a share of a property’s full market value. This will also mean they can secure their home with a much lower deposit than if they were to purchase the property outright.
The quality of the homes on offer at Peckham Place and benefits of purchasing through the Shared Ownership scheme can be evidenced by the popularity of this development so far. We therefore anticipate an influx of inquiries for the final three homes we have on offer, and urge prospective buyers to register their interest as soon as possible.”
The three remaining Shared Ownership properties have been designed to combine style with practical convenience; offering light and flexible accommodation that is both versatile and comfortable Situated on the 5th floor, the last remaining one-bedroom Shared Ownership apartment enjoys 544 sq. ft of space; with a contemporary open plan kitchen/living room naturally lending itself to be the hub of the home.
This area is extended further via a private balcony, which overlooks the superb communal gardens below. The property then features a well-proportioned double bedroom, a boutique style main bathroom, and plenty of storage to create clean lines, and promote a sense of organisation and calm.
Tucked within the development and enjoying a private ground floor entrance, the two-bedroom, two-bathroom duplex apartment boasts over 1000 sq. ft of space. The ground floor features a large kitchen/dining room and cloakroom, and upstairs – two well-sized bedrooms – the master coming complete with en-suite – a generous lounge area and private balcony spanning 15ft feet; perfect for eating alfresco in the warmer months. Secure underground parking is available for this property.
Finally, the three-bedroom duplex apartment boasts an enviable 1227 sq. ft floorplan; an idyllic choice for multi-person households, or for those hoping to entertain guests once social distancing restrictions have eased. The property enjoys a ground floor level entrance from a private terrace, with downstairs featuring a stylish kitchen/dining room, and handy cloakroom. Upstairs showcases a commodious lounge and private 15ft balcony, two double bedrooms – one with an en-suite shower-room and fitted wardrobes – as well as a third well-proportioned bedroom; perfect for accommodating growing families, guests, or even a nifty office for the discerning home worker. Secure underground parking is also available for this property.
Every Shared Ownership home at Peckham Place benefits from a top-tier specification. Kitchens come complete with a range of integrated Zanussi appliances. Bathrooms are equally well appointed, with large format ceramic tiles around baths and showers, full height and width mirrors, and chrome heated towel rails. Outside, residents can take full advantage of stunning shared gardens; with landscaped green spaces, cycle paths, picnic tables and sun loungers.
Peckham is fast-becoming one of London’s coolest places to be. The area is much loved for its bustling high street filled with shops, restaurants, cafés and rooftop bars, through to the award-winning green spaces of Peckham Rye Park and Common. For residents with children, there are a number of well-regarded schools in the local area, including seven that are Ofsted-rated ‘Outstanding’ within one mile of Peckham Place.
Professionals are well catered for at Peckham Place. For those who like to get around on two-wheels, there is on-site secure cycle storage; and Canary Wharf or Covent Garden is just 30 minutes away by bike. Queens Road and Peckham Rye station are a five and ten-minute walk away respectively; where residents can reach London Bridge in just 8 minutes.
For car owners, selected three-bedroom duplex apartments also come with the added bonus of secure underground parking.
Prices start from £110,000 for a 25% share of the one-bedroom apartment, £162,500 for a 25% share of the two-bedroom duplex, and £187,500 for a 25% share of the three- bedroom duplex. To register your interest, please visit www.nhgsales.com or call 02037974346.