L&Q announces the launch of the next phase of Shared Ownership homes at Acton Gardens, which offers a collection of 10 one and two bedroom apartments set within one of West London’s largest regeneration projects.
Cathy Lloyd, Sales and Marketing Director at L&Q, comments: “Acton is now positioned firmly as a property hotspot in London, fuelled by increasing prices in nearby Chiswick and Ealing, and of course, the Crossrail effect. As the average age and incomes of first time buyers continues to rise, National Housing Group* data shows that Shared Ownership is helping aspiring homeowners on lower incomes get a foot onto the property ladder much sooner – with reports that the average age of Shared Ownership buyers nation-wide is now just 25. With previous phases at Acton Gardens proving extremely popular, we are expecting a great deal of interest from first time buyers in this highly sought after area.”
Acton Gardens, a joint venture between L&Q and Countryside, is the £600m redevelopment of the 52 acre South Acton Estate, which will ultimately become a new urban village of 2,850 homes in the heart of prime West London. Previous Shared Ownership phases at Acton Gardens have been popular; one phase of 7 units was under offer within 1 week of being launched, while a second phase of 21 units was also entirely under offer within 2 ½ weeks of its launch. Master-planned by renowned regeneration specialist PRP Architects, the development was recently recognised at the prestigious Housing Design Awards 2016, winning a ‘Project’ award and a ‘Regeneration’ award.
A thriving new community in the heart of West London, the scheme offers residents a wide range of public facilities including a new sports ground, shopping plaza, youth centre, and a series of play areas and parks. Set between leafy Chiswick and bustling Ealing town centre, residents can enjoy a variety of different restaurants, cafes, and bars. For some peace and quiet, residents can follow the Thames side path and discover the lovely old riverside pubs.
Inside, the Shared Ownership homes are fitted with contemporary kitchens and a range of fully integrated Electrolux appliances. Stylish bathrooms offer pristine chrome Vitra sanitaryware, while hallways and living spaces have vinyl walnut effect flooring, and bedrooms are carpeted. Each home has a balcony with views across leafy shared gardens, and access to a communal cycle store.
The development is nestled in the extremely well connected London Borough of Ealing. For commuters, Acton Town Underground connects to Holborn in less than 30 minutes, Bank in 40 minutes, and Terminals 1, 2, and 3 at Heathrow Airport within 24 minutes, via the Piccadilly and District Lines. The scheme is also close to Acton Mainline station which will offer Crossrail services in 2019, adding to the array of transport options on offer.
Prices for Shared Ownership apartments currently start from £110,000 for a 25% share of a one bedroom apartment (Full Market value £440,000). To register interest, visit www.lqpricedin.co.uk/acton-gardens or call 0333 003 3636 @LQPricedIn