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Hotspot
HOTspot Bromley-by-Bow
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Having recently undergone an extensive £1.1bn redevelopment, the trendy East End district of Bromleyby-Bow E3 is on the up. With the legacy of London 2012 a stone’s throw away in Stratford, and Tower Hamlets benefiting from a further £9m investment to improve local transport offerings, first time buyers are sure to reap the rewards
5 REASONS WE LOVE… BROMLEY-BY-BOW
1. The River Lea 2. Bromley-by-Bow station in Zone 2 3. Eclectic shopping options 4. Delicious food 5. The 3 Mills Studio
UNDER THE SPOTLIGHT
Part of the London Borough of Tower Hamlets, Bromley-by-Bow is located between Stratford and Poplar, on the western banks of the River Lea. Of cially simply "Bromley", the local tube station was renamed in 1967 to prevent confusion with Bromley railway station in south London and, over time, has become widely used for the district itself.
Bromley-by-Bow, in Zone 2, is served by the District and Hammersmith & City Lines, with National Rail services easily reached via the Docklands Light Railway (DLR) from nearby Bow Road and Bow Church stations. The DLR also reaches Canary Wharf in under 10 minutes; an easy commute to the capital’s nancial hub. The new Elizabeth Line (Crossrail), set to launch in Stratford soon, will allow journeys from Stratford to Bond Street in 15 minutes. There is a good bus network. Pedestrians and cyclists bene t from the most scenic routes in town, with the Lea Valley Walk and River Lea on the doorstep.
The area is steeped in history, rst referenced as early as the year 1000 as one of the manors belonging to St Paul’s Cathedral. In more recent history, Gandhi famously chose to take up residence in Kingsley Hall on Powis Road for three months while visiting London in 1931 for talks with the British Imperial government. Declining the offer of accommodation in a West End hotel in favour of living among workingclass people, Gandhi was welcomed warmly by the East End community. Bromley-by-Bow was heavily bombed in the Blitz. While many of the area’s historic buildings have been lost, Bromley Hall stands as a proud reminder of times gone by; it dates from around 1845 and is thought to be the oldest brick house in London.
Bromley-by-Bow is home to around 12,000 people. The area has historically had a high proportion of its residents renting, due perhaps to its proximity to top universities. UCL is on track to open an East Campus in the next few years, and UAL’s London College of Fashion will unite 6,500 students into one east London campus in 2022, so its popularity with students is likely to continue. Bromley-By-Bow is popular with young professionals, thanks to its commuting possibilities, and there is a great selection of apartments on the market.
OUT AND ABOUT
years, and UAL’s London College of Fashion will unite 6,500 students into one east London campus in 2022, so its popularity with students In the heart of East London, you are spoilt for choice, with bars and restaurants right on for choice, with bars and restaurants right on the doorstep. Locals flock to The Galvanisers the doorstep. Locals flock to The Galvanisers Union, an old pub with contemporary Union, an old pub with contemporary finishes serving a wide range of craft beers finishes serving a wide range of craft beers and ales by regional breweries alongside and ales by regional breweries alongside a simple menu with bar snacks. There are a simple menu with bar snacks. There are even weekly Wednesday quiz nights to break even weekly Wednesday quiz nights to break up the week. If cocktails are your thing, The up the week. If cocktails are your thing, The Widow’s Son is well worth a visit too. Widow’s Son is well worth a visit too.
Foodies will be impressed by the area’s wide-range of offerings and, in true area’s wide-range of offerings and, in true East End style, should probably start at East End style, should probably start at Maureen’s Pie and Mash, where customers Maureen’s Pie and Mash, where customers have been enjoying traditional pie with have been enjoying traditional pie with all the trimmings for over 60 years. A all the trimmings for over 60 years. A more contemporary addition, Boxpark in more contemporary addition, Boxpark in Shoreditch, which started life as the world’s Shoreditch, which started life as the world’s first pop-up mall, has some of the best street first pop-up mall, has some of the best street food and entertainment the city has to offer. food and entertainment the city has to offer.
Brick Lane is just up the road; as a hub of London’s Bangladeshi community, it has of London’s Bangladeshi community, it has long been famed for its curry restaurants. long been famed for its curry restaurants. It now also has a reputation for its It now also has a reputation for its trendy nightlife and is buzzing trendy nightlife and is buzzing at the weekend. at the weekend. Westfield Stratford Westfield Stratford is home to 88 is home to 88 restaurants, a restaurants, a cinema, bowling cinema, bowling lanes, karaoke and lanes, karaoke and over 200 shops! over 200 shops! For more For more traditional shops traditional shops head "down the head "down the Roman" to the Roman" to the Roman Road Market, Roman Road Market,
Average property price in Tower Hamlets (July 2021) – £496,344 Property breakdown*
Semi-detached – £773,060
Terraced – £692,794
Flat – £482,481
*According to the Land Registry House Price Index
HOMES ON THE MARKET...
FROM £85,625*
FAMOUS RESIDENTS
• Physicist William Harold Joseph Childs • Social entrepreneur Andrew Mawson OBE • Actor Jack Warner • First-class cricketer William Faulkner • Comic entertainers Elsie and Doris Waters
which has been running for over 150 years and stretches for half a kilometre through the centre of Bow. Spitalfields is also nearby. Open seven days a week, it seamlessly marries its proud past with the future of retail. Visitors to the market are encouraged to share their experiences via social media and can even visit Amazon’s first ever beauty salon where customers can try new hairstyles with immersive technology before going for the chop! Alternatively, Victoria Park Village offers a range of boutique shops and cafes right by the park.
East London has plenty of art galleries, museums and independent theatres, including the Hackney Empire; an iconic venue. The Beehive is a hidden gem; the backroom of the pub has been converted into a mini venue showcasing up-andcoming talent, with music, comedy and spoken word filling a busy schedule. Genesis Cinema is also nearby and offers an attractive alternative to the multiplexes.
Green spaces are plentiful and include Bromley-by-Bow recreation ground, Victoria Park and the Olympic Park in Stratford. There is something for everybody, with adventure playgrounds, tennis courts, a bowling green, or just a stroll through gorgeous greenery. There are riverside views from every direction as well as riverside walkways, the perfect location for a morning jog or cycle. You may even stumble across The Grade I listed House Mill, one of Britain’s oldest and largest tidal mills. You can visit the water-powered mill to learn about its history as a gin distillery, or book one of the many heritage tours, concerts, art exhibitions and workshops the venue hosts.
BROMLEY-BY-BOW
Leaside Lock Guinness Homes
Sitting on the banks of the River Lea and offering a range of studio, one, two and three bedroom apartments, this lovely development offers communal courtyard gardens, co-working spaces, on-site shops and leisure facilities for residents.
The apartments have been designed with modern living in mind, with well-sized living areas opening on to a private outdoor space. There is a separate utility room, along with plenty of storage space. In the larger homes, there is an en suite from the main bedroom, and a number of apartments bene t from spectacular views of the London landscape, overlooking Canary Wharf, the City and beyond.
Right on your doorstep is a great selection of restaurants, coffee shops, bars, breweries, galleries, venues and shops. Bow, Mile End, Shoreditch, Stratford and Hackney are easily reached on foot, bike, bus or tube. Nearby Hammersmith & City and District Line services run to central London and beyond, while frequent bus services are excellent.
Leaside Lock forms part of a wider revival of the area. The regeneration will create brand new green open spaces, river walkways and cycle and pedestrian bridges.
A one bedroom home at Leaside Lock starts from £85,625 for a 25% share with a full market value of £342,500. The two bedroom apartments start from £115,000 for a 25% share with a full market value of £460,000. Help to Buy and open market sale are also available.
020 3288 1907 leasidelock.com
SHARED OWNERSHIP IN THE HEART OF WANDSWORTH
Located south west of central London, Wandsworth is a vibrant area made up of a large proportion of young professionals. It offers potential homebuyers a wide spectrum of food, drink and entertainment establishments, with the added advantage of quick and easy access into central London
Peabody, one of the largest housing
providers in London, has three developments within the area, between the thriving districts of Battersea and Clapham: St John’s Way, New Mansion Square and Willow Walk. Each development offers potential buyers a range of homes from stylish studio apartments to spacious three beds, available to purchase with shared ownership – making the dream of homeownership in this vibrant borough an affordable reality.
“Wandsworth has long been a desirable place to live, and now Peabody offers buyers an opportunity to purchase a stylish new home and enjoy living an enviable lifestyle using the lower level deposit available with shared ownership,” says Andrew Peglau, Assistant Director of Marketing at Peabody.
ST JOHN’S WAY, SW11 (CLAPHAM)
If you’re looking for somewhere well connected, St John’s Way is located just three minutes from Clapham Junction station. From here, you can easily get to popular south west London destinations such as Victoria station, Waterloo and London Bridge and reach places like Croydon, Gatwick and Brighton with ease. Potential buyers can choose from a range of one, two and three bedroom shared ownership apartments situated on leafy St John’s Hill. The surrounding area is vibrant and offers a wide array of independent boutiques, stylish rooftop bars and chic restaurants. Residents also have the open spaces of both Clapham Common and Wandsworth Common within easy reach. Launched in November, prices start from £121,250 for a 25% share in a one bedroom apartment.
NEW MANSION SQUARE, SW8 (BATTERSEA/NINE ELMS)
For those who want to live more centrally, New Mansion Square offers a Zone 1 location, sitting near the magnificent Grade II listed Battersea Power Station.
Indicative of New Mansion square
The new Northern Line extension at the recently opened Battersea Power underground station offers easy access into the City while riverside dining, retail and entertainment are all just a short walk away in Circus West Village. With Battersea Park just around the corner, New Mansion Square offers high-spec city living in an amazing location. Due to launch in early 2022, prospective buyers should register their details to receive updates ahead of the launch.
WILLOW WALK, SW18 (WANDSWORTH TOWN)
If you want somewhere quieter, but with easy access into London, Willow Walk represents an ideal choice. Launching in
Indicative of Willow Walk
Indicative of St John’s Way
early 2022, potential buyers can choose from a superb collection of one, two and three bedroom shared ownership apartments located next to Wandsworth Park and moments from the Thames. A short walk from the property you have a range of fantastic eateries, eclectic pubs and open green spaces to explore. Wandsworth town centre and Waterside Pier are just a short walk away, offering quick and convenient access into the City. Prices start from £130,000 for a 25% share on a one bedroom apartment.
To find out more information about Peabody’s new range of shared ownership homes at Willow Walk, St John’s Way and New Mansion Square, or to register your interest, please visit peabodysales.co.uk/wandsworth
LOOKING AHEAD TO 2022
It’s time to reflect on the changes in the property market over 2021, says Kush Rawal, Director of Residential Investment at Metropolitan Thames Valley Housing. It’s been another monumental year, and the summer exemplified an enduring appetite among buyers, including those securing their first home. Figures from Savills reveal that first time buyer purchases were up 63% in June 2021 compared to the same month in 2019, showing promise that there is hope for those looking to get on to the property ladder
For many, shared ownership can set
you on the road to homeownership. Our shared ownership brand SO Resi is proud to have delivered homes to customers for 50 years, where our dedicated team of specialists is always on hand to ensure that your journey to homeownership is a positive one. Unlike other temporary schemes, shared ownership is a proven method that offers an accessible route for first time buyers – particularly as house prices continue to rise, and the number of lenders offering higher loan-to-value mortgages remains low.
SO Resi welcomes this year’s introduction of the new Affordable Homes Programme – a Government-funded scheme to contribute towards the construction of affordable homes in England. As house prices throughout the UK continue to soar, increasing numbers of potential buyers are finding it difficult to get on to the housing ladder and are therefore reliant on schemes such as shared ownership, which provides first time buyers with an accessible solution to the hurdles to homeownership. The Government has also shown its commitment to helping shared owners increase their equity by allowing buyers to staircase and purchase additional shares in their home in 1% instalments, something that SO Resi has deployed since 2017.
With so many positive changes on the horizon, looking ahead to 2022, I expect to see levels of first time buyers continuing to rise, and the popularity of shared ownership and other homebuying schemes to continue to climb.
For buyers thinking about getting on to the property ladder in 2022, take a look at some of the latest new homes we have to offer in London!
EALING
Covering the areas of Chiswick to Northolt, Ealing has long been a hotspot for working professionals and families alike.
A home here at SO Resi Ealing has everything you need just moments from your front door. A short stroll away you’ll find bustling bars, restaurants and diverse shopping in Ealing Broadway, good schools and excellent transport options. West Ealing station – soon to be part of the Elizabeth Line when Crossrail launches in early 2022 – is just a nine-minute walk away, connecting you to central London and beyond with ease.
There are several one and two bedroom shared ownership apartments available at SO Resi Ealing, starting from £420,000. You could buy a 25% share of this property for £105,000 with a 5% deposit of £5,250.
SO Resi Greenford SO Resi Ealing
GREENFORD
Located in west London, in the borough of Ealing, Greenford encapsulates a vibrant suburban town that effortlessly combines its historic roots with modern redevelopment. Due to its regeneration and versatile living options, Greenford is perfect for young professionals as well as families, with excellent schools, community centres and spacious green areas.
A home in SO Resi Greenford is made for modern life. Set alongside the Great Union Canal, SO Resi homes offer a peaceful escape from the capital, where you’ll be able to enjoy quiet walks along the canal paths.
However, you’ll never be far away from the city, as one of Greenford’s best features is its well-connected transport options. Greenford station has its own stop on the Central Line, getting you to Oxford Circus in just 30 minutes.
Whether you choose a one, two or three bedroom apartment, each will deliver on comfort, quality and style. Prices at SO Resi Greenford start at £82,500 for a 25% share in a one bedroom apartment (full market value £330,000).
Places for People is making it easier than ever to get the home you’ve always wanted. As a leading placemaker in the UK it doesn’t just build homes; it invests in places and creates communities where everyone can thrive, including you
Eskdale Road, Stoke Mandeville “Buying a shared ownership house has meant I can get on the property ladder… I wasn’t on the highest income, but the scheme has enabled me to gain my independence with the option to buy my home outright in a few years – which is fabulous!” – New homeowner, Ellie Martin
With over 50 years’ experience creating
affordable places to live, Places for People is set to build 6,000 new homes in England over the coming years that are designed to work for everyone, whatever their circumstances. That’s why it offers shared ownership on many of its homes, so if you can’t pay the full price immediately, you can pay a part of it and rent the rest.
So, if you want to make your dream home a reality, look no further…
MODERN APARTMENT LIVING
Its award-winning Brooklands Square community in Milton Keynes is perfect if apartment living appeals to you. Located just a short commute from London, the contemporary one and two bedroom apartments have been designed with style in mind, with flexible living spaces and a range of fixtures and fittings that are certain to impress.
Plus, you’ll enjoy your own private terrace or balcony and acres of beautiful green space and woodland right outside your front door – all from just £121 a week with shared ownership!*
CONTEMPORARY COUNTRY HOMES
If life in the country is more suited to you, then you’re certain to love the spacious two and three bedroom homes in the idyllic village of Battle, East Sussex, which are ready to move in from spring 2022.
Lillybank Farm gives country living a contemporary twist, with beautiful views across the High Weald. The generously sized two and three bedroom homes have plenty of modern touches, plus the convenience of Battle town just a short walk away. With prices from £297,250,* what’s not to love?
TRADITIONAL VILLAGE LIFE
Eskdale Road in Stoke Mandeville, three miles south of Aylesbury, is the perfect spot for those seeking more traditional village life. Here you’ll discover Places for People’s beautiful three bedroom family homes available from £374,000*, with a village school, local shops, pubs and even a family friendly restaurant just a short walk away.
Plus, a range of two, three and four bedroom affordable homes are coming soon to Burgess Hill in m id-Sussex.
Brooklands Square, Milton Keynes
HELP TO OWN YOUR HOME
With shared ownership, you only need to pay part of the price of your home (usually between 25% and 75%) and pay rent on the rest. Your mortgage will be smaller, and you don’t need to save as much for a deposit. It’s a simple and cost-effective way of owning a home, so you can get a foot on the property ladder sooner than you think.
GET MOVING
So, what are you waiting for? Take the rst step toward owning your rst home by visiting placesforpeople.co.uk
*Shared ownership available. Terms and conditions apply. See website for details
AFFORDABLE HOMES FOR CRITICAL WORKERS IN EAST LONDON
Notting Hill Genesis is making homeownership more affordable for the nation’s critical workers following the Covid-19 pandemic, with reduced monthly payments on new homes at popular developments Dockside at Millharbour and Royal Albert Wharf in the Royal Docks
Leading housing association Notting Hill Genesis is launching the “Homes for
Heroes” initiative to thank critical workers for keeping essential services running over the last year and give many the opportunity to purchase their own home in the capital.
In conjunction with shared ownership, the initiative is open to all critical workers who currently live or work in London – covering those employed across health and social care, education, public safety, community services and transport – who are first time buyers and have a combined household income from £42,000 a year.
Workers can purchase between 25% and 75% of a new home under shared ownership, and Notting Hill Genesis will charge a discounted rent of 1.5% on the remaining share, reducing the overall monthly payments on the property and giving them the opportunity to secure their own home at a lower cost than would otherwise be possible. Buyers have a choice of Notting Hill Genesis’ popular developments Dockside and Royal Albert Wharf, in two up-and-coming areas of London offering waterside living with easy connections into the capital and beyond.
At Royal Albert Wharf, buyers can secure a selected two bedroom apartment in this iconic new development located in east London’s Royal Docks, one of the capital’s most exciting regeneration areas, which is fast becoming a go-to residential destination in London. Royal Albert Wharf is only seven minutes’ walk to Gallions Reach DLR, providing links into the centre of the city, and is becoming a vibrant new community for Londoners with regular events, versatile workspaces, artists’ studios, a cafe and restaurant.
From just £108,125 for a 25% share of a two bedroom apartment, critical workers can purchase their own home near to the banks of the River Thames, with an overall monthly cost (mortgage, rent and service charge) from just £1,148 under the initiative. The stunning apartments at Royal Albert Wharf include integrated kitchen appliances and fibre broadband as well as a dedicated concierge service.
Royal Albert Wharf
Should Dockside at Millharbour be their preferred choice, critical workers can purchase a one or two bedroom home in a sought-after Canary Wharf location while still being just a stone’s throw from all the capital has to offer, with transport links to the City and beyond. Travel via the DLR, Jubilee Line and – in the not-toodistant future – by Crossrail, makes the neighbourhood really accessible for those working right across the capital.
Buyers can purchase a 25% share of a one bedroom apartment from just £121,875, for with an overall monthly cost from just £1,164. Apartments at Dockside are open plan, with integrated kitchen appliances, features such as comfort cooling in bedrooms, and the luxury of a private balcony offering skyline views, all at an affordable price.
James Munson, Head of Marketing at Notting Hill Genesis, said, “The last year has been extremely challenging for everyone, but especially our key workers – from nurses to teachers, charity workers to the police – who have supported our communities and kept the country going throughout. As a thank you to them, and with homeownership in London proving difficult for many, we wanted to find a way to help people in these essential roles to purchase their own home in the capital more affordably.”
Dockside
For further information on the “Homes for Heroes” initiative, visit nhgsales.com/heroes or call 020 4502 8299
RURAL LOCATION IS THE ONLY WAY FOR HOMEBUYERS IN ESSEX
The demand for homes in the county of Essex in the South East has increased by 56% since June 2020, in particular in the county’s rural villages which have experienced a 69% increase in house sales¹. Providing fantastic news for current Essex residents looking to relocate to a quieter location but stay within the county, Inland Homes is preparing to launch a brand new collection of family homes in the quaint village of Cressing, just four miles south of Braintree
Set to launch in early 2022, Templar Green will comprise a boutique collection of two, three and four bedroom family homes, many with Help to Buy
available. Offering the best of both worlds for every buyer, the new development is located in a peaceful location full to the brim with village charm and an abundance of open space, but still just a 10-minute drive into the larger town of Braintree, offering plenty for both children and adults to enjoy. Also ideal for commuting homebuyers, Templar Green will be just a short walk from Cressing railway station, with services into London Liverpool Street in just 55 minutes.
Vicki Noon, Sales and Marketing Director at Inland Homes, comments, “The demand for properties in the home counties, particularly Essex, has seen a huge surge over the past 18 months, as remote working continues and people are happier to take on a longer, less regular commute in favour of more space at home. We’re thrilled to offer a new selection of homes for buyers looking towards Essex, and Templar Green has it all in terms of location. Along with space at the development for children to play, the immediate village has a shop, a primary school and a station, while a short distance away, Braintree has all the shopping and leisure facilities buyers and their families will need.”
Residents at Templar Green will have the best of both worlds, right on their doorstep. Cressing itself enjoys a village shop for everyday amenities, a Boots pharmacy, library and a post office. Just a short drive away is the larger historic town of Braintree, offering an excellent array of retail options, restaurants, bars and entertainment options. The George Yard Shopping Centre offers residents the choice of a number of well-known high street brands including Peacocks, WH Smith and Superdrug, while the larger Braintree Village centre offers designer outlets from brands such as Reiss, Ted Baker and White Stuff. After a day of retail therapy, the boutique shopping village is also home to a number of restaurants and bars including Bill’s, Pizza Express and Wildwood.
Families at Templar Green will be spoilt for choice when it comes to weekend activities. The 100-acre Great Notley Country Park is a 10-minute drive away, and is home to Essex’s longest play trail and Sky Ropes adventure course, perfect for tiring out the kids. For avid golfers, Braintree Golf Club is just a nine-minute drive from home, providing an 18-hole course popular with Essex golfers, as well as hosting an extensive social events calendar and Sunday carveries. For a rainy winter’s day, Braintree is home to a number of indoor leisure facilities including a 12-screen Cineworld cinema, Braintree District Museum and Namco Funscape – an entertainment venue with bowling, an arcade and a soft play area.
For families with children, there are a number of first-class education options surrounding Templar Green. Rated Good by Ofsted, Cressing Primary School is an eight-minute walk from the development, while for older children, Alec Hunter Academy secondary school is a 13-minute bus journey away. For further education, Braintree Sixth Form is an eight-minute drive away. For students who wish to study for a degree at home, the University of Essex Colchester Campus and Anglia Ruskin University Chelmsford Campus are both reachable in just half an hour.
Commuting residents will be well-placed at Templar Green. Cressing station has direct services into London Liverpool Street in 55 minutes, from where a variety of tube lines can be picked up. The neighbouring towns of Colchester (32 minutes) and Chelmsford (20 minutes) can be reached easily by rail too, while by road, the M25 can be reached within 45 minutes, transporting residents to central London, neighbouring counties and beyond.
Prices at Templar Green are to be confirmed. For further information or to register your interest, please call Bond Residential on 01245 500 599, email templargreen@inlandplc.com or visit inlandhomes.co.uk/developments/templar-green
ST ARTHUR HOMES SET TO LAUNCH NEW SHARED OWNERSHIP HOMES
Located in the heart of the new Forge
Wood neighbourhood, St Arthur Homes’ collection of two bedroom shared ownership apartments has been designed to seamlessly integrate with the local surroundings while offering modern contemporary interiors. Ideal for buyers looking for an affordable opportunity without compromising on style or location, Forge Wood provides an attractive worklife balance, coupled with easy travel into the capital.
Each of the 24 two bedroom apartments has been designed to a high specification alongside spacious and versatile layouts, with elegant modern interiors. Open-plan living, kitchen and dining areas offer a flexible space for eating, relaxing or working from home. Kitchens are stylish and come complete with a selection of integrated AEG appliances. All apartments feature mirrored sliding wardrobes to the primary bedrooms, and selected homes enjoy access to en suite bathrooms. Each property has the added convenience of one allocated parking space.
Forge Wood residents will have the best of city and countryside living on the doorstep. Crawley town centre is minutes away, providing a variety of amenities and leisure facilities, while the Forge Wood development itself is set in an idyllic treelined location. Well-connected, Crawley town centre is less than five miles away. and Gatwick is less than a mile away. For commuters, Three Bridges railway station is just over two miles away, and there are direct train links from Gatwick station to Victoria, Blackfriars and London Bridge stations, while Brighton Beach is 28 miles to the south.
Whiteley Meadows Demand for shared ownership homes continues to increase, with a near 10% rise across England during the past year, with a notable increase in sales outside London¹. For buyers wanting to step on the ladder while making the most of city and countryside living, St Arthur Homes is preparing to launch two new collections of stylish shared ownership homes
Forge Wood living area (indicative TaylorWimpey apartment)
Prices for shared ownership homes at Forge Wood will start from £114,750 for a 45% share of a two bedroom apartment with a full market asking price of £255,000.
Forming St Arthur Homes’ largest collection of homes to date, in partnership with Vistry Group; Whiteley Meadows development in Whiteley, Curbridge, will comprise 95 two and three bedroom houses and two bedroom apartments available with shared ownership – providing an affordable opportunity for purchasers to get on to the property ladder for as little as a 5% deposit* on the share they buy. Buyers will initially be able to purchase a share of the property, with the option to buy further shares up to outright ownership in the future.
Whiteley Meadows is a multi-phase development that will deliver more than 3,000 new homes, alongside new schools, a care home, community centre, green spaces and shops. The new neighbourhood is well situated between Southampton, Portsmouth and Winchester, and surrounded by countryside, making it an attractive and sustainable place to live. Whiteley is well located, the M27 is just over three miles from the development, offering easy access to Cosham in just 13 miles, while Portsmouth is only 14 miles away. Botley station is a stone’s throw away and provides regular services into London Waterloo. Trains to Cosham, Portsmouth and Southampton all take around 20-30 minutes. Southampton airport is nine miles away and Heathrow can be reached in 67 miles.
For further information about Forge Wood, Whiteley Meadows or any other shared ownership properties with St Arthur Homes, please visit starthurhomes.com or call 020 3745 4470
1 socialhousing.co.uk/insight/insight/special-reporthousing-association-shared-ownership-sales-rise-almost-10in-2020-72787 * 5% deposit subject to mortgage lenders’ criteria
Shared ownership has launched at Central Square, Copley W7 – Broadway Living’s flagship regeneration development in leafy Hanwell – with deposits from just £4,188 required
Combining a prime location, just moments from Castle Bar Park
railway station, with contemporary high-specification homes and landscaped green space for residents, Central Square is making homeownership a reality for hopeful homebuyers in the sought-after borough of Ealing.
With shared ownership, you buy a share of a property which can be as little as 10% but no more than 75% of its full value. You just need a 5% deposit of the share you purchase – you then take out a mortgage to cover the rest of your share and pay rent on the remaining share directly to Broadway Living.
Shared ownership prices at Central Square start from £83,750 for a 25% share of a one bedroom apartment (full market value: £335,000) and from £108,750 for a 25% share of a two bedroom apartment (full market value: £435,000).
Every home offers the same impressive specification. The apartments feature an open-plan layout with vast windows that create bright living spaces and offer panoramic views from the higher floors. All kitchens include an integrated Zanussi washer-dryer, fridge-freezer and dishwasher. Every two bedroom apartment includes an en suite shower room to the main bedroom and in every home the main bedroom also includes built-in wardrobes.
Providing respite from the hustle and bustle of the city, buyers have access to plenty of outdoor space; each apartment has its own private balcony and there are communal landscaped gardens for all the residents to enjoy. Residents benefit from a bicycle hire membership from Brompton Bikes and will receive a free, three-year membership to the Enterprise Car Club; a car will be stationed at Central Square.
Broadway Living – the development arm of Ealing Council – will also deliver a playground, community hub and a local shop for the day-to-day essentials.
Ealing is one of the most attractive neighbourhoods in the capital. Located within easy reach of central London, its extensive green space adds a village charm to the bustling high street. A range of shops, bars and restaurants, together with a dynamic new urban quarter, Dickens Yard, which offers lifestyle brands, leisure activities and a weekly artisan market, are located in the centre of Ealing, just two miles from Central Square.
Castle Bar Park railway station is situated at the centre of Copley W7, just a minute’s walk from Central Square, offering direct services to London Paddington in 22 minutes. Copley W7 is a 10-minute cycle from Ealing Broadway station, which is connected by the Overground, District and Central Line services.
David Colley, Regeneration Manager at Ealing Council says, “Copley W7 is a proud part of the Ealing community. The launch of shared ownership at Central Square creates a fantastic opportunity for first time buyers who may think their homeownership dream is out of reach. By launching shared ownership alongside our Help to Buy offering, we’re making sure as many people as possible can be a part of Central Square.”
London Help to Buy is also available; prices start from £435,000 for a two bedroom apartment. This Government loan scheme for first time buyers is interest-free for five years and you’ll only need a deposit of 5% and a mortgage of 55%.
The two bedroom show home is available to view by appointment and showcases the design and superb quality of the homes.
For more information about the shared ownership apartments available or to book an appointment, call JLL on 020 7087 5111 or visit copleyhanwellw7.co.uk
