Montmorency Park - Perfect new home for family of three
For Company Director, Gokce Komurcu (41) and her husband Erdem (43), the Stamp Duty holiday proved too good an opportunity to miss. With their son Efe (13) already happily settled at the ‘Outstanding’ Ashmole Academy in Southgate, the family were determined to find their new home within the North London area. After falling in love with a stunning two-bedroom apartment at Montmorency Park by One Housing and Sherry Green Homes in New Southgate, the family got their foot on the property ladder by using the Shared Ownership scheme and purchasing through the dedicated selling agent SiteSales Property Group.
Gokce and Erdem visited Montmorency Park during its launch event and immediately fell in love with the development. Reflecting on why they chose their apartment, Gokce comments: “Our main priority was staying local to Southgate. Efe attends Ashmole Academy and which is rated ‘Outstanding’ by Ofsted, so we didn’t want to have to move him. When I saw this building, I wasn’t sure that we could afford it, but I decided to give it a chance and arrange a viewing during the launch. After seeing the site that day, we completely fell in love with it. We didn’t even want to look at any other properties because the location and design of the apartments were just perfect!”
Gokce continues: “Family is really important to us. Our son is thirteen now so he doesn’t always want to spend time with us, but when he does our new home is perfect. The open plan layout and breakfast bar mean that I can talk to Efe when he gets home from school while I’m cooking in the kitchen. The balcony is also lovely. It’s great on lovely summer days, but we can even enjoy it without getting wet in heavy rainfall! The local area is perfect for our family too. There are lots of parks nearby, including Trent Country Park, that we like to walk through, as well as a cinema nearby and plenty of places to go out for a meal as a family.”
The family had previously been renting a two-bedroom house nearby in Southgate. Explaining their decision to leave their rental property and purchase a 25% share of their new Shared Ownership apartment, Gokce comments: “When you are paying rent, really you are helping pay off someone else’s mortgage, so we had always wanted to have somewhere of our own. I remember seeing the government were promoting the Stamp Duty holiday and my husband and I took that as a sign that this was the right time for us to get on the property ladder. Normally you would have to save for a deposit and then for added stamp duty and legal costs on top of that, but this way we only needed to save around £20,000 upfront which was a lot more manageable.”
Gokce continues: “Shared Ownership was a really good option for us. A lot of my clients were impacted by the pandemic and although my business was still doing ok, spending a lot of money on something just didn’t seem like the best option for us. Having the option to buy more shares in the future and staircase our way up to full ownership is definitely something that we are working towards, as and when we have the money available. I’ve already recommended Shared Ownership to a lot of my friends.”
Gokce concludes: “The community at Montmorency Park is amazing. Everyone helps each other and seeing everyone’s smiling faces is really important. We are so happy here and I have already recommended the properties to a friend of mine. I remember coming to look around and we knew that this just felt like home. We still have that feeling now that we’ve settled in, and I’m certain it will continue.”
Montmorency Park shares its name with the dog in the Jerome K. Jerome masterpiece, Three Men and a Dog as the author grew up in New Southgate. The Shared Ownership apartments range in size from one to three bedrooms and each enjoys its own unique design and layout. All apartments feature spacious open-plan kitchen/living/dining areas, stunning contemporary bathrooms as well as private outdoor spaces in the form of balconies or terraces.
The homes form part of the New Ladderswood Regeneration Project, creating a stunning new community alongside new commercial spaces, a hotel and a community centre. Montmorency Park is perfectly located to enjoy all the perks of London living. From excellent shops and schools to open green spaces and cultural experiences, everything the capital has to offer is within easy reach. Located just a 9-minute walk from New Southgate station and an 8-minute walk away from the Piccadilly line at Arnos Grove, Montmorency Park enjoys exceptional connectivity with the wider Metropolitan area.
Prices at Montmorency Park start from £118,000 for a 25% share of a two-bedroom apartment through selling agent SiteSales Property Group. For further information, please visit https://sharedownership.montmorencypark.co.uk/.