Shared Ownership Apartments in Purley
Named after Star Wars actor Peter Cushing, Cushing Gardens is a stunning development launching on June 19th. Cushing Gardens is situated in the prime location of Purley and comprises 30 one, two, and three-bedroom homes. The development by Clarion Housing Group offers buyers affordable homes through the shared ownership scheme and people are able to purchase as much of the home as they can afford. This starts from 25% and goes up to 75%, with the remaining share being paid for via subsidised rent. Buyers also have the opportunity to buy a bigger share at a later time, until they own the property outright.
Cushing Gardens is in a great location, and Purley is known for being one of London’s most desirable leafy suburbs. Purley was reported as London’s third most sought-after location, and prices for properties in the area have risen to 9% in the last year. With people desiring green spaces and good transport links since lockdown, Purley has recently become more popular, as it is home to many beautiful parks and London Bridge can be reached in just 22 minutes by train.
Krete Luca, Sales Director at Clarion Housing Group, comments:
“This is a unique opportunity for first-time buyers to get on the property ladder in an extremely desirable area that perhaps otherwise they may not be able to afford. And, of course, with that comes so much more than just a brand-new stylish home, it is a whole lifestyle with excellent schools down the road, as well as parks, countryside and London on your doorstep. Cushing Gardens is a very special opportunity indeed.”
Located on a beautiful leafy street, the red-brick and white painted mansion is beautiful and contemporary. All of the apartments in the building are stylish and feature luxury interiors. They also come with a private balcony or terrace as well as access to communal gardens.
Each of the apartments have been carefully designed and feature contemporary open-plan living areas. Kitchens come complete with drawers, soft-close hinges, square-edged laminated worktops and Zanussi appliances. Bathrooms are chic and feature an oversized rain shower fitted over the bath. Additionally, there is quality flooring throughout, with durable ceramic flooring in the kitchen and plush carpets in the living areas.
There is a varied selection of apartment layouts to choose from, and the three-bedroom apartments all come with an additional en-suite, which is attached to the master bedroom. The apartments are eco-friendly as they feature energy-saving double-glazed windows, and there is also cycle storage available for every home. Off-street parking is also available.
Hugely desirable due to its access to green spaces and the open countryside of Surrey, Purley is excellent for scenic walks, bike rides and running. It also marks where London’s urban city landscape changes into the vast greenery of the North Downs. Great green spaces to visit include Happy Valley Park, Farthing Downs, Purley Way playing fields, and Mayfield Lavender Farm.
There are many local amenities available to residents in Purley, such as supermarkets, pubs and restaurants. A short drive away in Croydon, you will also find Boxpark Croydon, a venue that is home to a variety of street food traders.
Prices at Cushing Gardens start at £76,875 for a 25% share of a one-bedroom apartment priced at £307,500. Two-bedroom apartments start from £140,875 for a 35% share (full market value of £402,500), and three-bedroom apartments start from £135,000 for a 25% share (full market value £540,000). Viewings are currently available by appointment only.
