Affordable properties in the heart of popular Battersea
Gwynne Road, a new development including nine brand new one and two bedroom apartments, each showcasing the best in contemporary living.
Developed by Linden Homes, these stylish properties are located in Battersea, one of London’s most sought after and trendy areas. The nine apartments at Gwynne Road are available through Shared Ownership, the government’s part-buy, part-rent initiative, which is aimed at helping people get on the property ladder.
With prices starting at £105,000 for a 35 percent share of a one bedroom flat valued at £300,000, Battersea has never been so affordable.
Gwynne Road’s location, makes it ideal for those who want convience on their door step, it is expected to become even more appealing after the 2011 announcement that there may be a new underground station opened in the area in the coming years. Should all go to plan, the new Northern Line station should be open by 2015, with house prices expected to rise significantly as a result. Plus the iconic Battersea Power Station, with its proposed redevelopment into a major new cultural, leisure and event destination, will become a new major attraction for the area.
Each of the properties at Gwynne Road comes with fully fitted bathrooms and kitchens, enabling buyers to move in at the first opportunity. In the kitchen, residents will benefit from a range of integrated appliances, including an electric oven, ceramic hob, stainless steel splashback, extractor hood, fridge/freezer and washer/dryer. Meanwhile, all bathrooms feature contemporary chrome fittings and ceramic wall tiles around the bath/shower area. The apartments also come with uPVC double glazed windows, which will reduce heating costs, and increase noise protection.
Residents of Gwynne Road will benefit from having some of the capital’s most popular hotspots right on their doorsteps. Battersea itself is home to some of London’s most exciting nightlife, restaurants, cafes, boutiques and delicatessens, with the high street becoming an increasingly popular alternative to the nearby Kings Road. The bank of the Thames, upon which Battersea sits, provides extensive walking routes, while Battersea Park remains one of South London’s most popular destinations to relax and enjoy. Additionally, a short walk over Battersea Bridge is Chelsea, an area synonymous with style and exclusivity.
Kush Rawal, Head of Sales & Marketing for Thames Valley Housing comments: “Gwynne Road is a really rare opportunity, allowing purchasers the opportunity to buy their first home in this popular part of the capital. With shared ownership, buyers will be on the doorstep of some of London’s most famous districts, without the financial burden this invariably demands. Moreover, with the planned extension of the Northern Line to introduce an underground station in the area, house prices are expected to rise substantially in Battersea, meaning Gwynne Road also represents a solid investment opportunity.”
He adds: “Getting your foot on the property ladder is becoming increasingly difficult in the current climate and we are delighted to be offering this opportunity for prospective buyers in this part of London.”
Residents at Gwynne Road will have access to the wide range of transport connections that the area provides. It is only a short walk from Clapham Junction, one of the country’s most important transport hubs, with services to Vauxhall in four minutes, Victoria in six minutes, Waterloo in seven minutes, and easy access to Southwest and Southeast England. There is also extensive local bus routes.
All of the properties at Gwynne Road are available through Shared Ownership, the part-buy, part-rent government-led initiative, aimed at helping first time buyers, and those looking for help to buy their own home, get on the property ladder. To apply for Shared Ownership, purchasers need to have an annual household income of a maximum of £60,000. Applicants must also either live or work in the London Borough of Wandsworth, and be registered with the HomeBuy agent for the area.
The main objective of Thames Valley Housing is to get people living in their own home in an affordable way. They are dedicated to providing the best possible customer service experience, from enquiry, to meeting, all the way through to purchase and beyond. To read about past buyers’ experiences of shared ownership, visit homebuy4u.co.uk.