Hole in one for young apprentice at Crescent Gardens
Meet John, who took his first step onto the property ladder with shared ownership at Crescent Gardens.
The decision to own
When 21-year-old John McGinley’s parents retired and decided to relocate, he was faced with a big decision; rent or take a step onto the property ladder.
A trainee accountant based in the City of London, John had managed to save whilst still living at home. Combined with a financial contribution and support from his parents, this enabled him to buy his first home. John explains: “Initially, I thought I’d rent somewhere nearer the centre of London. However, I was lucky enough to be able to get a deposit together and didn’t want to get stuck in the rental cycle. Rents are so high, which makes saving impossible. Buying a studio apartment at Crescent Gardens in East Croydon meant I didn’t have to struggle with this. I’m extremely happy with my decision."
An ideal location
John bought his new top floor studio apartment, with a balcony and parking space, with shared ownership. He's ideally positioned for his commute to the City. East Croydon train station is just a short walk away, he can reach any corner of London within minutes.
Benefits for John
- Investing in his future and being able to save money on rent.
- 30 minute commute to his office in the City of London.
- Enjoying the diverse, urban environment with shops and cafes within walking distance.
- The perfect balance of exploring London or escaping to the countryside.
- Spectacular views from the top floor and a shared garden space for the summer.
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.
John at Crescent Gardens
