Nubricks

Overseas Property Investment Blog

Brenley Park – ID: 5617377

Brenley Park – ID: 5617377

Key Information

Property ID: 5617377
Location: Mitcham, Merton, London, England, United Kingdom
Property Type: Residential Property, New Home, New Apartment
Price: GBP 66,000

Property Gallery and Description

Brenley Park is situated in a leafy residential area of Mitcham and offers the perfect suburban lifestyle – modern design and comfortable interiors complemented by easy access to Central London.

The development as a whole is comprised of a selection of 169 one & two bedroom Shared Ownership homes, all delivered with exceptional regard for design and quality of finishes. The first homes at Brenley Park are now available for occupation, and the development as a whole will be completed by early 2013.

Built to the Code for Sustainable Homes Level 4, the apartments are highly energy efficient; green features include roof mounted photovoltaic panels for electricity generation. For keep-fit enthusiasts, there will also be a green outdoor gym in the park.  Some homes benefit from park views and some parking is also available a select number of homes.

Prices
One bedroom apartment starts from £;66,000 based on a 40% share of the full market value of £;165,000.

Two bedroom apartment starts from £;81,000 based on a 40% share of the full market value of £;202,500.

Shares available from 40 - 75%. The monthly rental percentage is 2.75%.


Minimum Income

For a one-bedroom apartment your household income must be at least £;24,700
For a two-bedroom apartment your household income must be at least £;30,600.

Eligibility Criteria

Open to all first time buyers in London.  Priority will be given to applicants who live, work or have a connection* to the London Boroughs of Merton, as well as Public Sector tenants and MoD personnel, then residents of Wandsworth, Richmond, Kingston, Lambeth, Croydon and Sutton.

*E.g. If you have a parent living in the borough, you have a child attending a school in the borough, or you have lived in the borough in the past.

You will need to complete a First Steps application form in order to be offered a home.

Please note: You cannot buy a Shared Ownership home if you already own a home. If you are an existing homeowner we will not be able to allocate you a home unless you have started advertising your existing home and are deemed to be in need of housing by your local council. Our eligibility criteria are reviewed continuously and may be subject to change.


Please contact our Customer Service Team on 0845 388 5567 or email sales@nhhg.org.uk to register an interest in this development.

Property Categories:

Mitcham, Merton, London, England, United Kingdom

Click and drag the orange silhouette in the top left corner of the map to activate Google Maps Street View.