L&Q’s Shared Ownership schemes bring affordability to SW19

Home to British Tennis and an impressive catwalk of celebrities, the leafy South-West London Borough of Merton has seen property prices rise by 15% in the last three years. For first time buyers feeling priced out of this prestigious area, L&Q offers a collection of one, two and three bedroom Shared Ownership homes at Morris Court and Nelson Gardens, in Colliers Wood at the heart of this sought after suburb.

Lucy Chitty, Sales and Customer Services Director comments, “Morris Court and Nelson Gardens provide a fantastic and rare opportunity for young professionals and families already in love with this leafy area of South-West London to purchase an affordable and spacious home in this up-and-coming residential neighbourhood. In L&Q’s recent survey of one thousand 24-35 year old renters in London, two thirds of participants think that nearby parks and green spaces are important when buying a home. Buyers at Morris Court and Nelson Gardens will benefit from close proximity of both Wandle Park and its glorious botanical gardens, as well as the idyllic Morden Hall Park, offering magnificent greenery and plenty of open spaces.”

Perfect for commuters, both developments are only a short walk from Colliers Wood Underground Station, which offers 25 minute journey times into London Bridge and Bank. Commuting times from nearby Tooting National Rail station into Clapham Junction and Canary Wharf are 35 minutes. Additionally, the scheme offers easy access to a number of bus routes, a Cycle Superhighway to the City, and the Phipps Bridge tramlink provide numerous major routes into London and rural Surrey.

Each apartment can be accessed by video entry phone and has their own private outdoor area, with patios and terraces for ground floor apartments and balconies for those above ground level. The stylish living spaces are designed to a contemporary specification throughout, bathrooms have a mosaic tile feature wall, while contemporary kitchens benefit from fully integrated appliances.

Prices for Shared Ownership homes at Morris Court start from £102,500 for a 25% share of a one bedroom apartment (full market value £410,000), and from £125,000 for a 25% share of a two bedroom apartment (full market value £500,000), and £173,750 for a 25% share of a three bedroom home (full market value £695,000).

Prices for Shared Ownership homes at Nelson Gardens start from £86,250 for a 25% share of a one bedroom apartment (full market value £345,000), and £111,875 for a 25% share of a two bedroom apartment (full market value £447,500).

Morris Court: register your interest at lqpricedin.co.uk/morriscourt

Nelson Gardens: register your interest at lqpricedin.co.uk/nelsongardens