Peace of mind for Arkley buyers

In today’s property market, discerning home purchasers are naturally concerned that the value of their property may fall in the future, particularly during the uncertainty of the next few years.

Recognising this, Fusion Residential is revolutionising the property market by providing purchasers at its Chenies Place development in Arkley, Hertfordshire the security and complete peace of mind of retaining the value of their new home after 3 years, even if prices have fallen during this time.

The new concept, named ‘Cenoption’ enables home buyers to retain the current market valuation price of properties at Chenies Place. After the first three years of owning the property, homeowners can sell their home back to ‘Cenoption’ who will pay the original purchase price of the property regardless of whether the market has declined. Should the market prosper during this time, there is no obligation to sell the property to ‘Cenoption’ and purchasers will retain the growth value.

Gavyn Fresco, Head of Sales and Marketing at Fusion Residential comments: “This is the first time a developer has committed to Cenoption locally and we are proud to be the first to provide homeowners with such security and peace of mind.”

“At a time when homebuyers are far more discerning, Cenoption gives them the ability to commit to a property without worrying about the uncertainty of the property market and what impact this may have on them. We believe that purchasers at the premium end of the market who are looking for a long time investment in properties like those at Chenies Place will see the long term value and security that ‘Cenoption’ provides.”

Chenies Place is a niche private gated development of just six modern homes each boasting more than 3,400 sq ft of flexible living space. Designed over three floors, all homes incorporate air conditioning, a sizeable living area, walnut glass staircase, sauna, gym, study and separate garage with unique storage and racking system.

Purchasers will appreciate the exceptional attention to detail, innovative design and technology as well as the high standards of customer care. Poggenpohl kitchens are designed to a high specification with granite work surfaces and a full range of Miele appliances including a coffee maker and wine cooler. The combined kitchen and family room has been designed to be at the hub of the family reflecting today’s modern living. There is also a separate utility room

Mood lighting, a multi-room music control system, I-pod docking station plus integrated 17” Aquavision waterproof flat screen TV to master bedroom suites all make for the perfect 21st Century home.

For security and peace of mind residents will benefit from an individually designed intruder alarm that utilises the latest in remote monitoring technology. Each of the components has been designed to fit seamlessly with the interior and exterior design of the homes, including stainless steel bell boxes and remote key pads. State-of-the-art CCTV systems provides homeowners with the ability to view the surveillance images from any of the home’s televisions. The system allows residents to check on their home from anywhere in the world.

In addition, Fusion has taken the design of the gardens one step further by providing landscaped patio areas in Indian sandstone with feature lighting and automatic watering systems.

New residents at Chenies Place will love exploring everything that the leafy London suburb has to offer. This pleasant location is popular with families for its large houses, green surroundings and highly rated schools. The area has an abundance of golf courses and parks on its doorstep as well as good healthcare provision. Barnet High Street is a busy shopping area boasting an array of well known names alongside smaller boutiques, while nearby Brent Cross Shopping Centre offers serious shoppers a wide variety of shops, stores and cafes.

Getting around couldn’t be easier with High Barnet tube station providing services on the Northern line every 3 - 9 minutes. Elstree and Borehamwood railway station is also just a short distance away providing regular trains into Kings Cross St Pancras. The development also lies just off the A1 providing direct road access to the M25, M1 and the rest of the motorway network.

Prices for properties at Chenies Place start from approximately £1.65 million. For further information or to register your interest in Chenies Place, visit fusionresidential.co.uk.