The north-west London hub of Harrow has become a popular destination for homebuyers following investment of more than two million pounds from the Mayor of London. With plans afoot to deliver an exciting program of regeneration to Harrow’s town centre, creating new public spaces, new schools, shopping zones and pedestrianised routes, property values have experienced a 5% uplift in the last year. For first-time buyers keen to step onto the property ladder in this up and coming destination, Notting Hill Genesis’ development, Greenstock Lane is a must-see! Purchasers can secure a fully furnished two-bedroom Shared Ownership apartment using a deposit of just £11,438.00, that also comes with a 12-month parking contribution *.
Occupying a prime position in the heart of Harrow, just moments from the bustling town centre, Greenstock Lane comprises a charming collection of contemporary homes. The last remaining two-bedroom apartment benefits from a flexible and spacious layout perfect for modern day lifestyles. A 32ft open-plan living/kitchen/dining area provides an ideal space for a variety of uses, from relaxing with a film in the evening to working from home during the day. From here, there is direct access to a private balcony which creates a further extension to this room. The master bedroom comes with a fitted wardrobe and there is also ample storage space to stow away belongings. For those who like to get out and about on two wheels, there is secure on-site bicycle storage.
Less than a mile from Harrow high street, residents will have plenty of high street favourites and local amenities to choose from once government restrictions are eased. With niche shops on Harrow-on-the-Hill’s historic high street, Vue Cinema and St George’s Shopping Centre hosting a range of independent stores and restaurant’s including big brands such as H&M, Starbucks, Boots and Prezzo, residents at Greenstock Lane benefit from having the luxury of everything they need right on their doorstep.
James Munson, Head of Marketing at Notting Hill Genesis comments:
“With such a fantastic program of investment and regeneration taking place, Harrow is certainly piquing the interest of homebuyers wanting to benefit from the changing landscape for themselves. Harrow is a thriving and prosperous location for local residents, and the Mayor of London’s investment is proving transformative, with shops and public spaces becoming better places for people to enjoy. With just one apartment remaining at Greenstock Lane, prospective purchasers should act quickly to secure a stunning fully furnished home and a contribution to parking in the local area for the first year
Offering the best of both worlds, residents can take full advantage of Greenstock Lane’s superb location being close to Green Flag awarded parks Harrow Recreation Park and Pinner Memorial Park, both right on the doorstep of home. Ideal for outdoor enthusiast as well as those needing a balance between the buzz of city life and enjoying the outdoors, Harrow Recreation Park benefits from 10 hectares of green open space, football pitches, tennis courts and a sensory garden and Pinner Memorial Park provides another tranquil oasis for residents to explore; including open green space, a duck pond, children’s play area, and a cosy café.
Conveniently connected for commuters, Greenstock Lane is just a minutes’ walk from Harrow town centre, and less than a mile from two tube stations, Harrow-on-the-Hill and West Harrow tube stations; providing easy access to Baker Street in 21 minutes via the Metropolitan Line and King’s Cross St Pancras in under half an hour. Harrow-on-the-Hill station is also served by Chiltern Railways, providing direct services into London Marylebone in just fifteen minutes.
Shared Ownership offers aspiring buyers the opportunity to buy a share of a home’s value, between 25% and 75%, while paying a subsidised rent on the remaining share. The lower deposit level required with the Shared Ownership scheme, means buyers need only put down a deposit on the share they purchase and not the full market value of the property. Shared Ownership means you can become a homeowner with a lower level of savings than if you were to buy the same home outright. Buyers can also choose to buy additional shares on their property as and when they can afford to, right up to 100%.
The exclusive two-bedroom apartment at Greenstock Lane is priced at £114,375 for a 25% share of the full market value of £457,500.
For more information, contact Notting Hill Genesis on 020 3815 2222, or visit the website: www.nhgsales.com.
*Deposit of £11,438 is based on purchased a 25% share of a two-bedroom apartment with a FMV of £457,500.