Cambridge Yard a hit with keen buyers
Since launching in January, the rare opportunity to purchase an affordable new home in an area renowned for its high property prices has proven so appealing to first time buyers that 50% of the apartments available at Cambridge Yard, are now under offer. So anyone interested in purchasing a stylish new home by Genesis at this successful and popular development in Hanwell, will have to move quickly!
Cambridge Yard offers young couples and professionals alike an amazing opportunity to get their foot on the property ladder through the Genesis shared ownership scheme. With prices starting from £52,250, for a 25% share based on a full market value of £209,000 for a one bedroom apartment, owning a new home is genuinely achievable.
Designed for today’s modern living, these remaining one bed apartments feature floor to ceiling windows in the open plan kitchens, living and dining rooms. There is also a private balcony or Juliette, whilst many have access to a communal or shared roof terrace.
Completed to a high specification, the internal features include sleek and fully fitted modern kitchens with contrasting cream cabinets and granite style work surfaces. Bathrooms include a thermostatically controlled shower above the bath with white floor to ceiling tiling, whilst there are inbuilt wardrobes to the bedroom.
For peace of mind every apartment has a video entry phone, whilst there is a car parking space in the undercroft car park available and an area to store a bicycle.
To be eligible for the Genesis shared ownership scheme, the property must be the buyer’s first property purchase or their only home. Their household must be less than £60,000 per annum and they will need savings of around £3,500 to cover moving and legal costs. Purchasers may subsequently buy additional shares as and when they can afford to do so.
Flanked by Victorian terraced houses and surrounded by an abundance of parkland and green spaces, Cambridge Yard has been designed to provide a new residential district to Hanwell. Comprising a collection of 94 one and two bedroom apartments and two bedroom maisonettes it is situated less than 2 miles from the hustle and bustle of Ealing Broadway.
Hanwell is one of London’s historic villages and was originally a gateway to London. It boasts a number of historic former coaching inns, including The Fox, rebuilt in 1848 and venue for Hanwell’s annual Easter Beer Festival. The town is also the place where the River Brent and The Grand Union Canal meet and is famous for its waterways and the narrow boats that pass through them. Brent River Park, Elthorne Park and Brent Lodge Park, which includes a small zoo, provide wonderful places to walk and relax in, whilst for the golfing enthusiasts, Brent Valley Golf Club is close by.
Ideal for commuters, Cambridge Yard is located within a short walk of Boston Manor underground station for the Piccadilly Line, whilst Ealing Broadway for the Central Line is less than 3 miles away or 10 minutes by car. In addition to Hanwell railway station offering regular services into Paddington in just under 18 minutes, there is also an excellent local bus network.
By road, the nearby A406 offers easy access to the M4 which leads to the M25. For international travel, Heathrow Airport is within a 20 minute drive from the development.
To register your interest go to genesishomes.co.uk.