Peabody offer Shared Ownership homes in North London regeneration hotspot

Shared Ownership boost for first time buyers in Colindale 

For first time buyers eager to get on the property ladder, affordability is the overriding factor. Savvy purchasers looking to make their hard earned savings go as far as possible should think about buying in a regeneration zone as a good option for future returns. In the North London Zone 4 neighbourhood of Colindale, the £1 billion Colindale Gardens regeneration scheme is creating a vibrant new community with a range of new homes, parks and amenities. Here a range of stylish Shared Ownership apartments is available from Peabody, giving prospective buyers an added boost through the part buy, part rent scheme.

Just 30 minutes from Central London and with a thriving community already coming to life, Colindale Gardens offers value and convenience in a fantastic setting. Until recently this corner of North London had gone under the radar for first time buyers, but with huge investment across the London Borough of Barnet including the development of 27,000 homes and widescale regeneration, it is emerging as an attractive option for househunters that want to get ahead. The homes at Colindale Gardens include a range of contemporary one bedroom apartments available for as little as £105,450 for a 30% share.

Andrew Peglau, Assistant Director of Marketing at Peabody comments: “For first time buyers affordability is paramount and that is truer than ever in the current circumstances. Buyers want to feel confident they are choosing a location that is a good bet for the long term – Colindale has all of the pull factors that indicate strong future potential, including great transport links, ongoing regeneration and excellent amenities. The Shared Ownership collection currently available at Colindale Gardens is the ideal location for first time buyers to realise that dream of a home of their own at an affordable price, in an up-and-coming place that ticks all the boxes.”

Colindale is leading the way as one of North London’s most exciting regeneration zones, having been recognised as an opportunity area in the Mayor’s London Plan and attracting major investment into its housing and transport links. Peabody’s Shared Ownership collection, which forms part of the established Redrow development, brings new housing opportunities to an area that is already reaping the benefit of regeneration.

The Shared Ownership apartments overlook the green expanses of the development’s main park, with sweeping views from each home’s private balcony or terrace. Public space is a stand out feature of Colindale Gardens with nine acres of open space creating the perfect environment for enjoying time outdoors and keeping active. Cyclepaths, walkways, squares, lawns and landscaping are all under way, along with plans for further amentities including cafes and restaurants. The wider surroundings are also rich with greenery, with Colindale Park, Silkstream Park and Rushgrove Park providing further outdoor spaces for walks, picnics, sports and recreation. Closer to home, the apartment buildings have tranquil roof gardens for residents to use and they also have exclusive access to the one-site gym and health club.

Designed to perfectly complement modern lifestyles, the apartments come in a range of layouts with all offering plenty of space and flexibility. The one bedroom properties are airy and spacious with fluid open plan living areas opening onto an inset balcony that extends the living space outdoors. Each home is finished with careful attention to detail and a high-quality specification that is practical and elegant. Contemporary kitchens have soft-close units, slimline work surfaces and integrated Bosch appliances. LED and dimmable lighting, authentic wood grain laminate flooring and built-in wardrobes are other highlights of the immaculate finish.

Located a short walk from Colindale underground station on the Northern Line, Colindale Gardens is convenient for commuting into Central London with travel times of less than 30 minutes into the West End and 31 minutes to Bank. Also close by, Mill Hill Broadway station provides Thameslink connections to St Pancras International and Luton Airport, while the proximity to the M1 makes it easy to travel out of London. For retail and leisure Brent Cross Shopping Centre and Wembley Stadium and Designer Outlet are all just a short hop away.

Prices at Colindale Gardens start from £105,450 for a 30% share of a one bedroom apartment. Virtual online tours are currently available. For information visit www.peabodysales.co.uk

Share to Buy is a one stop shop for buyers looking to get on the property ladder. On our website, you can search for properties, find out about mortgages and learn all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy via our FAQs and Guides