Property Purchasers Head to Mitcham to Maximise Budget

Sales advisors at Crest Nicholson’s Rowan Park development in Mitcham, Surrey, have reported an influx of buyers looking to maximise their property budget by capitalising on the fact that property in the area offers better value for money than neighbouring parts of London.

Neighbouring areas including Streatham, Tooting and Wimbledon are much more expensive, with a two-bedroom property in Tooting being on average 28% more expensive than Mitcham and a four-bedroom house a staggering 39% more expensive in Wimbledon*.

Christine Tiernan, Sales & Marketing Director, Crest Nicholson South, commented: “Mitcham is a real gem of an area yet it remains much more affordable than its neighbours despite having excellent transport links, plenty of lovely open green spaces and a wide range of local amenities. We’re seeing a lot of purchasers looking to move here as they’re priced out of areas such as Streatham and Tooting and either want to purchase a first home rather than continuing to rent or want a bigger house but can’t afford to upsize in the part of London in which they have been living.

“The properties at Rowan Park represent great value for money for purchasers. They are well designed, light, bright and spacious and with the award-winning contemporary newly built houses and apartments sitting alongside the elegant, refurbished former school building, there’s something to suit every taste.”

At Rowan Park, innovative new homes and apartments sit side by side with the listed former Rowan Park school building, which has been sympathetically renovated as apartments. All homes at the development meet level four requirements in the Government’s Code for Sustainable Homes**, the national standard for sustainable design and construction of new homes. The landscape at Rowan Park has been thoughtfully designed and offers something that is often very unusual in a London location – lots of open space and surrounding parkland. Each of the houses also has a garden. There are homes to suit all households and budgets, from apartments in the refurbished school building, to the bold and striking looks of the contemporary homes. Rowan Park is designed to become a flourishing community, with a doctor’s surgery due to be situated at the entrance to the development, as well as a scout hut and a community hall to encourage relationships between neighbours.

Mitcham is located about nine miles from central London and has much to offer in the form of shopping and leisure, making it a great choice for both families and commuters. A small shopping centre is located conveniently nearby; neighbouring Wimbledon has excellent shopping and numerous restaurants on The Broadway, with luxury brands and chic eateries in Wimbledon village. The Canons Leisure Centre in Mitcham has a swimming pool and facilities for all kinds of sport and fitness. Mitcham has long been popular with parents for its wide choice of state primary and secondary schools, several within easy reach of Rowan Park.

Rowan Park offers great links to central London and is within easy reach of much of the South West. Mitcham Eastfields station is within walking distance from the development with direct services to Victoria and Blackfriars. There are also bus services to the nearby Norbury station, with trains to Victoria and London Bridge in under half an hour. Mitcham Junction station also offers handy connections to the Thameslink network including Wimbledon, Blackfriars and Kings Cross. By car, the A23, about a mile from Rowan Park, is a major route into and out of London, joining with the M25 and the M23 at junction 7, meaning both Heathrow and Gatwick Airports are within easy reach.

Prices for current availability at Rowan Park start from £166,950 for a one-bedroom apartment, from £262,500 for a two-bedroom house and from £324,950 for a three-bedroom house. For more information, please contact Crest Nicholson’s on site Sales Advisors on 0870 750 8403 or rowanpark@crestnicholson.com, or visit www.crestnicholson.com/rowanpark.

* Foxtons **http://www.communities.gov.uk/ planningandbuilding/sustainability/ codesustainablehomes

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