UK Housing Market
EDGWARE PARADE OFFERS AFFORDABLE STEP ON THE PROPERTY LADDER IN BARNET
Set around the theme of ‘Reimagine’, the London Borough of Barnet is preparing to host the London Festival of Architecture in June and showcasing the community’s culture and creative placemaking. Part of the vibrant reimagination already taking place in the borough, SNG’s (Sovereign Network Group) new Shared Ownership homes at Edgware Parade have been designed with aspiring homebuyers in mind. Building upon SNG’s extensive experience and formidable reputation, Edgware Parade offers a mix of brand new one and two apartments, and three-bedroom duplexes with priority given to people who live and work in Barnet. Showcasing everything on offer to prospective homebuyers, SNG is hosting an open day at Edgware Parade on the 15th of June.
Purchasing through Shared Ownership, buyers can benefit from a more affordable route onto the Barnet property ladder with a deposit only required on the share being purchased, not the full value of the home. Buyers can then ‘staircase’ towards full ownership, increasing the share that they own at a pace that suits them, while paying a subsidised rent on the remaining share.
The mix of apartment sizes means the homes at Edgware Parade will cater for everyone’s needs. The properties are arranged across four buildings, which range in height from four to 16 storeys. At the heart of the development, a spacious podium garden creates a new hub for residents to meet and socailise, and offers children a safe space to play outdoors. Inside, the apartments provide thoughtfully designed, contemporary chic interiors. Most apartments feature private balconies, while homes on higher levels reward owners with spectacular views across the abundant greenery of Edgware and the broader London skyline.
Edgware Parade is well positioned for getting the best out of the local area. The apartments enjoy a prime town centre location, within walking distance of amenities such as The Broadwalk Shopping Centre, supermarkets, and leisure venues including a gym. Restaurants serving a wide range of international flavours from B & K Salt Beef Bar to Mascalzone reflect the diversity of this unique and welcoming community. For buyers keen to spend time in the fresh air, Edgwarebury Park, Silkstream Park and Stonegrove Park are all nearby, along with the 45 acres of greenery, ponds and shaded woodland at Canons Park.
The apartments at Edgware Parade are just a four-minute walk from Edgware Station, with the Northern Line running to Euston in as little as 24 minutes. Multiple bus routes provide regular services to Colindale, Harrow, Kilburn and Brent Cross. For buyers who prefer to travel on their own two or four wheels, Edgware Parade provides parking spaces to selected properties and on-site cycle storage available to all residents.
Buyers at Edgware Parade can purchase a share of 25% or more of their new home, while paying a subsidised rent on the remaining portion of the property.
Prices start from £81,250 for 25% share of a one-bedroom apartment with a full market value of £325,000.
For more information, please visit - www.networkhomessales.org.uk or contact SNG on 0300 373 3000.