Due to high demand from buyers looking for affordable properties in London, the latest release of Shared Ownership homes at Bolingbroke Park were launched last month.
These homes in Cockfosters offer the perfect opportunity for first-time buyers and families to get a leg up on the London property ladder through Shared Ownership, a scheme whereby buyers can purchase a share of a property, and pay a subsided rent on the remainder that they do not own.
The newest phase at Bolingbroke Park, Ottoman Court, hosts apartments that offer a unique opportunity to buy a spacious home with room for children, as well as visiting family and friends. Nestled in the leafy north-west corner of the development, the five remaining three-bedroom, two-bathroom apartments at Ottoman Court are available from £131,250 for a 25% share, giving buyers the long-term security of home ownership at a price that is still affordable.
Cathy Lloyd, L&Q’s Sales and Marketing Director, commented: “Buying in London is a challenge for many and the Shared Ownership homes on offer at Bolingbroke Park are perfect for singles, couples and families alike and offer the perfect stepping-stone to outright ownership.”
Bolingbroke Park is located close to a thriving centre with a village feel, featuring a range of independent shops, boutiques, cafés and restaurants that are perfect for those lazy Sundays. The Chickenshed Theatre, a local gem offering everything from children’s shows to educational programmes, is just across the street.
On the Piccadilly Line, linking Cockfosters to central London in just half an hour, Bolingbroke Park is the perfect choice for the busy commuter, while the nearby vast open green spaces – including 413 acre Trent Park – offer the perfect rural setting with countryside charm for families. Families can also take advantage of Oak Hill Park which features a soft-play area, an independent café and even a mini golf course.
With the launch of Ottoman Court, there is now something for sale in each phase at Bolingbroke Park, including one and two bedroom Shared Ownership apartments at Cornflower Court, as well as one, two and three bedroom homes available through the London Help to Buy scheme, offering even more options to first-time buyers.