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New Hendon Village offers first time buyers new lease of life

18th June 2011 Print
New Hendon Village Exterior

Genesis Homes is pleased to announce the launch of the first phase of shared ownership properties at its new development, New Hendon Village. The collection of one and two bedroom apartments offers first time buyers the opportunity to purchase a stunning property in one of the most up and coming areas in London.

All apartments at New Hendon Village are finished to a good standard with sleek and modern kitchens featuring dark worktops and dark ‘Roman cherry’ kitchen units, contrasting white walls with stainless steel oven and hob and integrated extractor fan. Two bedroom apartments also come with a dishwasher. Each apartment has a balcony or courtyard and for security, a video entry system.

All of the apartments at New Hendon Village are available through shared ownership, a scheme which has been designed to help first-time buyers get on the property ladder. The scheme is open to anyone who doesn’t already own a property and is unable to buy a home on the open market. You can purchase between 25% and 75% and increase your share at any time, all the way to 100% and outright ownership. Your household income must be less than £60,000 per annum and you will need savings of around £3,500 to cover moving and legal costs.

New Hendon Village is part of Barnet’s ongoing regeneration, providing excellent retail, social and transport facilities helping to make this part of North London the place to live in the capital.

New cafes, restaurants and bars are opening, creating a lively cosmopolitan atmosphere. Colindale and Hendon have a good selection of eateries and shops, ideal for your everyday needs while Brent Cross Shopping Centre is the perfect place to go for that something extra. With a large Fenwick and John Lewis store along with fashion stores such as Banana Republic, Levi, Topshop, L K Bennett and Hobbs.

For a little peace and quiet nearby Fryent Country Park provides over 250 acres of picturesque rolling countryside and woodland, perfect for a Sunday afternoon stroll, while Hendon Park offers numerous sports courts and pitches. Also within easy reach is the expansive 790 acre Hampstead Heath.

New Hendon Village is approximately a ten minute walk from Colindale Underground Station offering services on the Northern Line to Brent Cross in five minutes, Hampstead in 12 minutes, Camden Town in 19 minutes and London Bridge in a little over half an hour. For travel by car, the M1 is nearby for access to Milton Keynes, Nottingham, Sheffield and Leeds while Heathrow and Luton airports are just 37 minutes away.

Prices start from £47,250 for a 25% share in a one bedroom apartment based on a full market value of £189,000 and from £58,000 for a 25% share in a two bedroom apartment based on a full market value of £232,000. To register your interest, visit genesishomes.co.uk.

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New Hendon Village Exterior