New apartments offer space and style in Streatham
Genesishomes is offering first time buyers the opportunity to purchase a chic, spacious two bedroom apartment from just £57,500 for a 25% share at William Court in Streatham.
The generously sized apartments, up to 63.4 meters squared, at William Court have been designed to maximise their space. The kitchens are partially separated from the living areas and feature wooden extractor hoods and cupboard doors, creating a homely, ‘country’ feel. Some units also come with balconies, offering a unique view of the surrounding area. All two bedroom apartments have their own entrance hall and spacious storage cupboard, providing invaluable extra space for sports equipment and household appliances.
Sharon Cummings from Genesishomes, says: “Genesis Homes is delighted to offer first time buyers in Lambeth the opportunity to buy one of our shared ownership apartments at William Court. Shared ownership allows purchasers to buy a high quality apartment at a fraction of the cost of buying an apartment on the open market.”
Sharon continues: “Renting on the open market can also be more expensive than many realise. Purchasing an apartment through shared ownership can lead to residents saving a significant amount of money on rent, as you’ll normally save substantially overall when purchasing with Genesis Homes, compared to the cost of renting a similar property in the same area.”
Located a few minutes’ walk from Streatham Common, residents will be able to enjoy its woodland, wild flower meadow and formal garden as well as a fantastic fireworks display on Bonfires Night. England’s largest freshwater open air swimming pool is a 20 minute walk away at Tooting Bec and of course, Norbury Park is on your doorstep! Streatham High Street offers a wonderful selection of fresh fruit and vegetable stalls, high street shops and restaurants.
All rooms in the apartments are carpeted with the exception of the kitchen which has contemporary vinyl flooring. The kitchens come equipped with fridge/freezers, stainless steel electric ovens, gas hobs and a light wood finish extractor hood to complete the homely aesthetic. Video entry systems, TV/Satellite and telephone points to the living room and main bedroom come as standard in all apartments.
William Court has fantastic transport links close by with Norbury station less than a 10 minute walk away. Streatham and Streatham Common train stations are also nearby, providing frequent services to London Blackfriars, London Bridge, West Croydon and London Victoria in less than half an hour.
All of the apartments are available on a part-buy/part-rent basis. This allows people to buy a share in a property and pay a subsidised rent on the rest.
To be eligible, this must be the buyers’ first property purchase or their only home, they will be unable to buy anything on the open market, earn less than £60,000 and have savings of around £3,500. Once purchasers have bought, they can also buy additional shares if they wish, as and when they can afford to do so.
Prices start from as little as £45,000 for a 25% share in a one-bed apartment at William Court based on a full market value of £180,000. For more information, visit genesishomes.org.uk.
