West is best for affordable living
Set in West London, Genesis is offering a rare opportunity to purchase an affordable new home nestled in the heart of the London village of Hanwell, W7, an area traditionally associated with high property prices, where the average asking price is £443,402. Offering a self-contained haven of 94 one and two bedroom apartments and two bedroom maisonettes, this exciting new development by Genesis is available to purchase through shared ownership.
Situated in a quiet, established area less than 2 miles from the hustle and bustle of Ealing Broadway, ‘Cambridge Yard’ has been designed to provide a new residential district. Comprising a range of five and six storey apartment buildings and three storey maisonettes finished in a combination of soft yellow brick, render, modern weatherboarding and glass curtain walls, most of the properties feature private balconies or back gardens. The development also includes many landscaped communal areas including shared roof terraces and a children’s playground.
Perfect for young families and professionals, the great news for local residents is that priority will be given to people who live and/or work in the London Borough of Ealing. Buyers can purchase between 25% and 75% and increase their share at any time, all the way to 100% and outright ownership. Cambridge Yard is available to anyone who does not already own a property and is unable to buy a home on the open market. Their total household income must be less than £60,000 per annum and ideally they must have savings of around £3,500 to cover moving and legal costs.
Hanwell is one of London’s historic villages and was originally a gateway to London. It boasts a number of historic former coaching inns, including The Fox, rebuilt in 1848 and venue for Hanwell’s annual Easter Beer Festival. The area also boasts an excellent number of green spaces, including Brent River Park, Elthorne Park and Brent Lodge Park which includes a small zoo. For golfing enthusiasts, Brent Valley Golf Club is also nearby. The town is also the place where the River Brent and The Grand Union Canal meet and is famous for its waterways and the narrow boats that pass through them.
Designed for today’s modern living, the properties have been designed in a variety of layouts to accommodate individual’s specific needs. Each new home features floor to ceiling windows in the open plan kitchen, living and dining room which ensure a light and airy ambience. In many properties these lead to an external terrace or patio garden. All properties also include a contemporary style bathroom, and in many apartments there is an ensuite shower room in the master bedroom. Many properties also have fitted wardrobes in the master bedroom.
Completed to a high specification, the apartments include sleek and modern kitchens with contrasting cream cabinets and granite style kitchen work surfaces. Appliances include an Indesit washer/dryer, fridge freezer, electric hob and extractor fan. In the spacious bathrooms features include a thermostatically controlled shower above the bath, white floor to ceiling tiling, free standing basin and a large mirror with spotlights above. There are also cream carpets in the lounge, hallway and bedrooms and storage facilities in the hallways.
The apartments also include video entry phones to provide residents’ with added security and a car parking space in the undercroft car park. There is also additional storage for bicycles.
Best of all, the prices for the shared ownership apartments at Cambridge Yard start from just £51,000 for a 25% share of a one bedroom apartment based on a full market value of £204,000.
Ideal for commuters, Cambridge Yard is located within a short walk of Boston Manor underground station for the Piccadilly line, whilst Ealing Broadway for the Central line is less than 3 miles away or 10 minutes by car. There is also a great local bus network, including a 15 minute journey running eastwards along Uxbridge Road to Ealing Broadway. In addition, Hanwell railway station is a short walk away which offers regular services into Paddington in just under 18 minutes.
By road, the nearby A406 offers easy access to the M4 which leads to the M25. For international travel, Heathrow Airport is within a 20 minute drive from the development.
To register your interest, visit genesishomes.co.uk.
