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Help to Buy success for first time buyers at Crest Nicholson’s Wood’s Road, Peckham

Crest Nicholson recently launched Wood’s Road, a contemporary new development in Peckham. With most of the properties in the development falling within the government-backed London Help to Buy scheme, uptake has been strong with 90% of the properties already reserved using the initiative.

Potential buyers can apply for equity loans of up to 40% of the property price for the homes that fall within the guidelines, prices start from £455,000, or just £273,000 with London Help to Buy. The development itself appeals to first time buyers due to its strong transport links to the city as well as the bustling nightlife that Peckham has to offer.

Situated in the heart of Peckham and overlooking Cossall Park, this new development will provide an eclectic mix of one, two and three bedroom apartments, designed to perfectly embody the creative and artistic flair of the area. Most of the homes will benefit from their own private outside space, and all properties will have access to the communal landscaped gardens. A selection of the higher level properties will also enjoy breath-taking views of the City of London, with Canary Wharf, the O2 and The Shard visible.

Located five-minutes from Queen’s Road Peckham station, which has trains into London Bridge in just ten minutes, Wood’s Road is a fantastic opportunity for buyers to snap up a new home, in an enviable Zone 2 location, on London’s Help to Buy.

Sean Ruane, Sales and Marketing Executive at Crest Nicholson London, said “We’ve witnessed strong demand at Wood’s Road since its launch in July. The fact that 90% of our sales have been purchased on the Help to Buy scheme really highlights what a fantastic opportunity this development is for first time buyers looking to get on the property ladder in a great central London location.

The development appeals to those purchasing their first home, as it is positioned in a vibrant location, and is served by fantastic transport links to central London.”

The development is a Joint Venture between Kitewood and Crest Nicholson.

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