This is a sponsored article on behalf of Guinness Homes.
Living in London can sometimes feel like one big hit on the wallet. But when it comes to buying a home, Shared Ownership makes securing your very own corner of the capital easier than ever.
Getting a foot onto London’s lofty property ladder is precisely the deal at Signal Park, a leafy new development in Kingston-upon-Thames. On offer? A collection of one-, two- and three-bedroom apartments. Each is kitted out to the nines, lies minutes from a commuter-friendly railway line, and can be purchased flexibly with ownership shares between 25-75% available.
Apartments are ready to move into this summer, so here’s your chance to get ahead of the crowds. Read on for the nitty gritty (and some of the perks too)…
What is Shared Ownership?
Simply, Shared Ownership allows first-time buyers to purchase a percentage of the property rather than stumping up the full cost. At Signal Park, shares start from 25%. That means you could secure a one-bed apartment from as little as £88,125 (£352,500), a two-bed from £116,250 (£465,000), or a three-bed from £145,000 (£580,000).
To start, you can buy up to 75% of the property with Guinness Homes owning the remainder. You’ll pay a mortgage for the part you own, rent on the part you don’t, plus a service charge. Regardless of much you’re able to afford up front, it’s your home. Decorate your heart out! Plus, you have the freedom to buy or sell more shares over time.
What’s in your new home?
Signal Park’s high spec apartments feature open plan layouts and oodles of natural light. The spacious kitchen, which adjoins the dining and living areas, comes complete with integrated Zanussi appliances (yes, including a dishwasher) so everything’s ready for you to whip up your first meal.
Special touches likes recessed downlights, fitted wardrobes, natural stone tiling and heated towel rails really turn the house into a home. Meanwhile, the tasteful colour scheme allows plenty of room for you to make your mark. And if that weren’t enough, every single one of Signal Park's 211 apartments comes with a private outdoor space or balcony! Fresh herbs, anyone?
Where is Signal Park?
Tolworth is located in the Royal Borough of Kingston-upon-Thames, an increasingly popular neighbourhood for first-time buyers and upsizers alike. As a regeneration area, this pocket of south west London boasts open spaces, excellent facilities and top transport links. In fact, Signal Park lies a three-minute stroll from Tolworth Station – zipping you straight to London Waterloo in 31 minutes.
But you may wish to stay put at the weekend. Tolworth Court Farm Fields is a lovely Local Nature Reserve within walking distance of your new apartment. Or, hop on a bike. In 10 minutes you’ll be pedalling beside the River Thames, ready to explore the picturesque promenades and riverside restaurants this part of London is known for.
Hampton Court and Bushy Park await across the water, bringing a further 2,000 acres of green space to your doorstep. However, Signal Park’s own podium gardens offer a welcome slice of tranquility even closer to home. Safe to say, when it comes to a fresh air fix, you’ll be spoilt for choice.
Visit the Signal Park website to find out more, organise a viewing and register your interest today.