AFFORDABLE HOMES
DISCOVER HOMES AT CRESCENT GARDENS : THE COMMUTER’S CHOICE Recent statistics have revealed that over half of London professionals are unable to buy a home on the open market due to high property prices¹, making homeownership a pipe dream for many. In London’s largest borough, however, shared ownership is providing a lifeline to first time buyers keen on owning a property in a desirable London postcode. An area proving popular owing to its affordability and convenient travel connections, the London Borough of Croydon is home to Crescent Gardens – a new collection of shared ownership apartments just minutes from East Croydon station, with 5% deposits from £5,469
Set on Cherry Orchard Road, Crescent Gardens by Latimer, part of the Clarion Housing Group, forms part of a vibrant new urban commuter hub.The homes offer a selection of exceptional move-in ready two bedroom apartments available with shared ownership. A perfect alternative to the high prices of central London, this route to homeownership lets you secure a minimum 25% share of a stunning home, with the opportunity to gradually increase your stake to full ownership when circumstances allow. At Crescent Gardens, a 25% share of a two bedroom apartment starts from £109,375, meaning buyers can reserve a home with a 5% deposit of £5,469. Croydon is a thriving commuter hub, ideal for first time buyers seeking convenience and connectivity. Already home to a vibrant social scene, this dynamic London hotspot is undergoing an exciting regeneration, further enhancing its appeal.With some of London’s best transport links, Crescent Gardens offers unparalleled connectivity. Situated in Zone 5, just a four-minute walk from East Croydon station, residents can quickly travel to key destinations – including Clapham Junction in just nine minutes and London Victoria in 15 minutes. Croydon is also well-served by frequent tram and bus services, connecting residents to Mitcham, Beckenham, Addington, and Wimbledon. For first time buyers Paulina and Joel, living close to the station was a priority when house hunting. Since moving into Crescent Gardens, the couple have halved their travel times, with Paulina’s commute to Blackfriars now taking just 15 minutes. She comments, “I had to catch a bus to the station from my rental flat, now I can just walk across the road. I’ve cut 20 minutes off my commute.They’re building a bridge from here to the station next year, which will shave even more off my travelling time – it
Croydon residents also have plenty to entertain them back at home. Crescent Gardens is centrally located within walking distance of the high street and two shopping centres, offering an array of shops, restaurants, gyms, Boxpark and a Vue cinema. Apartments at Crescent Gardens don’t compromise on quality. Each home offers flexible open-plan living spaces with flooring throughout. Attention to detail comes in the form of contemporary high- quality fixtures, fittings and integrated appliances, while each home enjoys its own private outside space. Prices at Crescent Gardens start from £109,375 for a 25% share of a full market value of £437,500.
will be just a one-minute walk to the station once that’s finished.” John McGinley, 21, was also impressed with the incredible commuting options available in Croydon. A trainee accountant based in the City, John travels into London regularly, meaning location was key when he purchased an apartment at Crescent Gardens. He comments, “The travel connections here were a major selling point. I work from home two days a week and am based in the City for the other days. It takes me about 30 minutes to get to the office, which is less than my colleagues living in Zone 2.” He continues, “Croydon provides a brilliant base for working and going out in London while still enjoying more peaceful locations in the opposite direction. There are lots of commuters basing themselves here, and the weekend options, to either escape the city or explore London for fun, are another benefit.” Along with unrivalled transport options,
To find out more, contact 0300 131 7290 or latimerhomes.com/crescent-gardens
1 zoopla.co.uk/discover/property-news/two-fifths-of- workers-unable-to-access-home-ownership-in-great-britain
72 First Time Buyer February/March 2025
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