News & Events
17/05/05Merlion Homes Hits a Winner for First Time Buyers in Wimbledon
Merlion Homes is offering first time buyers a chance to climb onto the property ladder by offering brand new apartments for as little as £172,500 at Lanherne
Gate, The Downs in Wimbledon.
With the help of the Merlion Assisted Purchasing Scheme (MAPS) a shared equity plan unique to Merlion, homeowners who might not normally aspire to such a lifestyle are able to purchase a new apartment at this development at a reduced percentage of its market value.
Merlion Homes is selling 15 one, two and three bedroom apartments on a shared equity leasehold basis. The purchaser has a 75% share of the equity and unlike many shared equity schemes; Merlion's Assisted Purchase Scheme does not require rent to be paid on the remaining 25%.
Sally Prince, Sales and Marketing Manager added, "We are very excited to be offering local people in Wimbledon a contemporary designed, quality apartment at an affordable price. Buyers may have the opportunity to buy the remaining share at a later date but are under no obligation to do so".
Key features include a fully fitted Paula Rosa kitchen. There is also a fridge, washing machine, single fan oven, gas hob and extractor hood. The bathroom includes a white Twyfords suite with chrome mixer tap, contoured with white glazed ceramic tiles. All apartments also benefit from one parking space.
Lanherne Gate is situated on The Downs, a mature, tree lined residential street close to Wimbledon Village, which gives the development a tranquil and established feel.
Lanherne Gate is located just fifteen minutes from the boutiques and cafés of Wimbledon Village, Wimbledon town centre and Wimbledon station (with access to the District line and overland lines to central London) and fifteen minutes to the common.
For further information please contact Gascoigne- Pees on 0208 9477722.
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