Broomfield, Notting Hill Sales 22 May 2018
Shared Ownership at Broomfield Helps Second-Steppers Upgrade for Less

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Notting Hill Genesis (NHG)

New research has revealed that one in four second-steppers expect to need financial assistance from family or friends to move up the property ladder. A further 34 per cent believe they will need to gift money in the future to help their own children buy a home [1]. Keen house hunters looking for an affordable home that will complement their growing families and lifestyle needs, should consider Notting Hill Sales' new development, Broomfield in Enfield, N11. Offering a stylish collection of two, three and four bedroom homes available to buy with shared ownership, buyers can upgrade their home and purchase a three bedroom property with a deposit of just £13,062, providing much-needed space as well as value for money.

With Shared Ownership, buyers at Broomfield can purchase between a 25% and 40% share of a new home. Rent is paid on the remaining share, with buyers able to increase the proportion they own at any time, all the way up to 100%.

Nestled within the peaceful green north London borough of Enfield, the homes at Broomfield offer the perfect opportunity for young professionals and families alike to make their move up the ladder and become part of a brand new community. Comprising a selection of two and three bedroom apartments and three and four bedroom duplexes, purchasers can enjoy a home that offers spacious accommodation with range of contemporary design features in a variety of layouts. As well as being superbly located to enjoy a variety of local amenities and leisure activities, all within a comfortable walking distance of home, Broomfield strikes the perfect balance for today's busy lifestyles.

Jenny Murphy, Head of Sales and Marketing at Notting Hill Sales, comments: “The homes at Broomfield have been thoughtfully designed to accommodate a variety of buyers. With the shared ownership scheme available, the homes are especially ideal for those 'middle-movers' wanting to purchase a larger home but still feel outpriced in today's market. Each property enjoys its own private outdoor space and bright open-plan living and dining areas that are great for entertaining or spending time together but also offer that element of privacy. Residents also have access to a bespoke shared outdoor courtyard, perfect for spending time relaxing in and a secure environment for children to enjoy being outdoor

All of the homes at Broomfield illustrate sophisticated and contemporary living within a relaxed environment. Kitchens are fully-fitted with a range of integrated Zanussi appliances, while bathrooms are fully tiled and complete with Hans Grohe fittings. Residents also benefit from private off street parking to most of the homes and on-site bicycle storage facilities.

Commuters are spoilt for choice, with Bounds Green (London Travel Zone 3) and Arnos Grove (London Travel Zone 4) underground stations, served by the Piccadilly Line, and Bowes Park train station all less than one mile from the development. Boasting journey times of around 20 minutes to Kings Cross St Pancras underground, Moorgate and Leicester Square in around 30 minutes and London Waterloo in 35 minutes.

There is plenty to make the most of in the local community too, with a range of local amenities to enjoy. Arnos Swimming Pool is less than a mile away, while Broomfield Park is just a short walk away containing a bowls club, playground and netball and tennis courts, perfect for those who enjoy the outdoors. A short drive away is the award winning Forty Hall and Estate, where residents can take in views of the 273 acre Grade II listed estate surrounded by beautiful landscaped gardens and Ornamental Lake.

Located two miles away, The Mall at Wood Green offers a selection of stores ideal for a quick trip into town. For a wider selection of retail brands and restaurants, The Palace Exchange and Palace Gardens shopping complex is a short drive from the development, perfect for some retail therapy. While closer to home, the weekly shop can be completed with ease, thanks to Sainsbury's Local, Asda and Waitrose all within easy walking distance.

Prices for a three bedroom apartment at Broomfield start from £128,750 based on a 25% share of the full market value of £515,000. Prices for a four bedroom duplex start from £158,750 based on a 25% share of the full market value of £635,000. For more information, contact Notting Hill Sales on 020 3815 1234, or visit the website: www.nhillsales.com 

-ENDS-

 

NOTES TO EDITORS

About Notting Hill Sales

Notting Hill Sales is the commercial arm of Notting Hill Genesis, offering a range of property solutions including Shared Ownership sales and re-sales, open market sales and leasehold management.

Notting Hill Genesis is one of the largest housing associations in the country, with around 64,000 homes across London and the south-east, serving more than 170,000 residents.

It was formed in April 2018 when Notting Hill Housing amalgamated with Genesis Housing Association. It is a social enterprise committed to creating thriving communities and providing homes for lower-income households.

NHG owns and manages homes across a range of tenures including social, affordable and private rent, leasehold, care and support, temporary housing and Shared Ownership, of which we are the largest provider in the country.

For more information, visit www.nhggroup.org.uk.

[1] https://www.myhomemove.com/news/britain-s-forgotten-homeowners