Many London purchasers are squeezing into homes too small for them, with a typical flat in London providing under 500 sq ft of living space and many homes considerably smaller. Housebuilder Fernham Homes has prioritised square footage at its new boutique collection of apartments at 8 Croham Valley Road in South Croydon.
Launching on 23rd April with London Help To Buy, the stylish development’s two-bedroom apartments start from 708 sq ft, rising to 819 sq ft for a three bedroom apartment with all benefitting from a private balcony or terrace.
The London Help to Buy: Equity Loan provides an affordable route to homeownership. Purchasers will be able to access a 40% government equity loan towards their deposit, meaning they would only need to secure a mortgage for 55% of the value of their chosen apartment and a 5% deposit.
8 Croham Valley Road features a detailed brick façade which complements neighbouring properties on the street and large feature windows which fill each apartment with natural light. Each of the nine apartments are the epitome of chic apartment living, designed to offer spacious open plan layouts with modern fittings and high-quality appliances throughout, generously sized private balconies or terraces and access to landscaped communal grounds and cycle storage.
Paul Rosbrook, Operations Director at Fernham Homes comments: “8 Croham Valley Road presents an excellent opportunity to own a beautiful new home in a highly prized area of South Croydon. We set out to create spacious homes, with generous hallways, storage cupboards and spacious rooms, complete with outdoor space that acts as an extension of the living space.
“We are pleased to be able offer first time buyers the opportunity to purchase with the London Help to Buy scheme. Saving towards a deposit in the current economic climate is difficult for many, and so with a reduced deposit threshold of 5% on this scheme we can make luxury apartment living far more achievable.”
Located only half an hour from Central London, buyers who choose to make 8 Croham Valley Road their home will be able to reap the rewards of city, suburbia and countryside on the doorstep. Thoughtfully positioned to create tranquil and peaceful surroundings close to lush parkland as well as excellent transport connections, the development itself draws on its green environs to incorporate landscaped communal grounds – exclusive for residents.
South Croydon combines both proximity to the wide-open countryside of Kent and Surrey with easy access into central London. Indeed, residents at 8 Croham Valley Road can reach London Bridge in less than 20 minutes from South Croydon Station making it an ideal location for London commuters.
As the London Borough for Culture in 2023 there are no shortage of things to do within the local Croydon area. There are a range of museums, entertainment venues and a burgeoning arts scene to explore, as well as big-name brand fashion stores and gourmet restaurants in Croydon’s rejuvenated central hub, which is only three miles from the development. Within the vicinity of 8 Croham Valley Road are a variety of green spaces and woodlands to enjoy, including the Woodland Trust’s Coombe Woods and Croham Hurst Golf Club.
Property & Development Magazine | The Home of Residential Sector News
