The average London rent currently sits at a staggering £2,300 per month, with this cost only set to increase in the next 12 months. In a bid to escape rising monthly costs, London renters are looking to the suburbs for a more permanent fix. Offering an opportunity to leave renting behind, Latimer, the development arm of Clarion Housing Group, is preparing to launch a brand new collection of shared ownership homes in Raynes Park. Located in zone 4, just a 10 minute walk from Raynes Park train station, Cavendish Grove offers first-time buyers the perfect blend of convenience, connectivity and stability, all secured with just a 5% deposit.
Homes at Cavendish Grove will range from one and two bedroom apartments ideal for singles and couples, to three bedroom houses that will provide a convenient base for suburban family living. Raynes Park rail station offers direct links into London Waterloo in just 21 minutes, giving city commuters fast and convenient transport connections in this well-connected Greater London suburb.
Sam Truman, Sales Manager at Latimer, comments: “Rising rent prices are forcing renters to reconsider their living arrangements, and shared ownership provides first-time buyers with a superb option. Cavendish Grove is in a sought-after location for those currently renting in Central London due to the excellent transport options ensuring swift connections to the capital, and outstanding amenities on the doorstep. Being less central comes with many perks, not least the amount of green space on the doorstep that provides a quiet escape from the city at the end of the working day.”
The new homes at Cavendish Grove have been designed with busy lifestyles in mind. Each apartment has an open-plan layout that maximises space and light, with the added benefit of a balcony or terrace, integrated appliances including a washer/dryer, and plentiful storage. The three bedroom houses boast interiors that are modern, light and spacious with an exemplary internal specification, offering plenty of room for all the family to enjoy time together.
Living in Raynes Park provides residents with everything they need within easy reach. A 12 minute walk from Cavendish Grove is Raynes Park high street, with everything including a Starbucks, Boots Pharmacy, Waitrose and a plethora of local cuisines to satisfy tastebuds. Wimbledon is under a 10 minute drive away with a wider choice of retail, leisure and cultural options, including Wimbledon Quarter Shopping Centre, an Odeon cinema, New Wimbledon Theatre and the prestigious Wimbledon Village.
Although within easy reach of fast-paced city life, residents at Cavendish Grove have an urban oasis to explore back at home. The National Trust’s Morden Hall Park is a 10 minute drive away, offering tranquil greenery and beautiful gardens, while Cannon Hill Common and Mayflower Park Wetlands add to the opportunities to spend time in nature and enjoy an active lifestyle.
Commuting couldn’t be easier from Cavendish Grove. Raynes Park train station is a 10 minute walk away, providing direct links to London Waterloo in 21 minutes, as well as links to other popular spots across Greater London including Hampton Court, Richmond, Kingston and Wimbledon. There is a reliable bus service two minutes away from Blenheim Road bus stop, offering regular services to Wimbledon and access to the District and Northern Lines via Morden tube station. For further details visit
Prices at Cavendish Grove start at £115,000 for a 25% share of a one bedroom apartment. https://www.latimerhomes.com/new-build-homes/london/merton/cavendish-grove
Call 0300 100 0309.
First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.
