More home for your money at Bauhaus, Croydon
For those looking to make their first step on the property ladder, Durkan Estates new development Bauhaus, Croydon, may be the perfect stop! With fantastic transport links and a thriving community, Croydon is a great place to live and the average price for a flat is over £35,000 cheaper than nearby Bromley. Average prices for apartments in Bromley for the past three months were on average 19% higher than Croydon. With prices starting from £155,000 for a one bedroom apartment, purchasers are making a significant saving of £36,622.
Ideal for first time buyers, Bauhaus consists of a selection of modern one and two bedroom apartments, three bedroom penthouses with stunning views and two bedroom mews houses. Conveniently located a few minutes walk from East Croydon train station, offering train journeys to London Bridge and Victoria in less than 20 minutes, Bauhaus is also a fantastic development for commuters and city workers.
Durkan Estates has a reputation for design-led high quality developments and Bauhaus reflects this with a number of impressive features, including landscaped communal courtyard. All properties include an impressive interior specification and attention to detail including Lemongrass kitchens with a stainless steel oven and ceramic hob and plumbing for a dishwasher. The master bedroom features built-in Portico wardrobes while the bathrooms come with luxury Roca white sanitary ware and an electric heated chrome towel rail. Some apartments also have balconies offering sweeping views of Central London to the North and Surrey to the South.
Durkan Estates is leading the way with the new government-backed initiative for first time buyers at Bauhaus. HomeBuy Direct was introduced earlier this year as a means of helping first-time purchasers to buy property on the open market. Under the scheme, Durkan will allow for a property to be bought at Bauhaus for 70% of the purchase price with no deposit required the remaining 30% is provided as an equity loan which comes interest-free for the first 5 years.
The initiative is a great way for younger buyers to access high-quality new-build properties at an affordable price. The development is situated just off Croydon High Street, right on the doorstep of Croydon’s cultural quarter with its variety of shopping and entertainment facilities, and with significant investment into the town centre to bring further amenities, Bauhaus residents will be perfectly placed to take advantage of all that Croydon’s exciting future has to offer.
Over £3.5bn has already been committed to Croydon’s regeneration programme which will include upgraded transport links, a major retail centre and entertainment amenities which will rival London’s West End – where comparable penthouse apartments are likely to cost as much as 10 times more than the Bauhaus collection. It all adds up to a rare opportunity for genuine luxury value in an uneasy market for property buyers.
Interested purchasers can now visit the development’s on-site showhome – a fully furnished apartment open Thursday to Monday from 10am to 5pm. Market prices start from £155,000 for a one bedroom apartment, up to £285,000 for a three bedroom penthouse. For further information see bauhaus-croydon.com.
