Move in together ‘right now’ at Woodberry Park
Did you know that many would-be first time buyers, single, and who do not have enough deposit or income to secure a mortgage, are now turning to their friends and family and suggesting they pool their resources and buy their first home together. With just a few apartments remaining for immediate occupation at Genesis’s award winning development Woodberry Park in Hackney, you could be moving in together before you know it!
These thoughtfully designed modern homes offer first time buyers a golden opportunity to purchase a brand new home at a genuinely affordable price. By taking advantage of the Genesis Shared Ownership Scheme, buyers can purchase between 25% and 75% of their chosen property and increase their share at any time, all the way to 100% and outright ownership.
A young couple could purchase the last remaining one bedroom apartment for just £57,500 for a 25% share of this property based on a full market value of £230,000. Whilst a family, or even friends could share the £85,000 for a 25% share of a fabulous 3 or 4 bedroom apartment based on a full market value of £340,000.
From its prime location on the banks of the New River and West Reservoir to the superior internal specification, every aspect of the development has been designed to provide a living environment that is ultimate in style, comfort and convenience.
Bathrooms are fully tiled with ceramic wall and co-ordinating floor tiles, fully fitted kitchens come complete with ‘Indesit’ appliances, whilst the floor to ceiling windows add a new dimension to the already spacious living rooms. For peace of mind and security, every apartment is fitted with an electronic audio door entry system.
The development is just around the corner from Manor House underground station, from where the Piccadilly Line runs services to Finsbury Park in just two minutes and King’s Cross St Pancras in ten minutes. The Olympic site and the new Westfield Stratford City shopping centre are a mere 18 minutes by tube.
For those who enjoy nature, the beautiful expanses of Finsbury Park are a short walk away whilst the banks of the New River and West Reservoir provide sailing, nature trails and an abundance of wildlife on your doorstep.
The Genesis Shared Ownership Scheme is available to anyone who does not already own a property and is unable to buy a home on the open market. Their total household income must be less than £60,000 per annum and ideally they must have savings of around £3,500 to cover moving and legal costs. For further information visit genesishomes.org.uk.