Shared Ownership Week – L&Q launches new apartments in Acton
Posted 16 September 2016 by Keith Osborne
For those looking for new build Shared Ownership properties, a new phase of apartments in Acton could be just the option they are looking for in order to get on the property ladder.
The WhatHouse? Housing Association of the Year L&Q is launching 33 apartments under the government scheme this month, with buyers able to start with a 25% share of a £420,000 one-bedroom flat at £105,000.
Acton Gardens is a large, £600m regeneration scheme being taken on jointly by L&Q and Countryside, providing 2,850 on a 52-acre site in South Acton, with properties available in a mix of tenures including the popular part-buy/part-rent initiative.
Cathy Lloyd, sales and marketing director at L&Q, says: “Acton is now positioned firmly on the property hotspot map, fuelled by increasing prices in nearby Chiswick and Ealing, and of course, the Crossrail effect. With reports showing that Londoners require an average salary of over £106,000 to purchase their first home, Shared Ownership homes at Acton Gardens offer first-time buyers a fantastic opportunity to get onto the housing ladder in a highly sought-after area, with a considerably smaller deposit required.”
The mix of new homes is set around an array of communal parks and landscaped gardens, and complemented by a host of new public amenities including a new sports ground, various pay areas, a shopping plaza and youth centre.
The Shared Ownership option does not compromise on the quality of the interior specification. Each apartment has a stylish, gloss-finish fitted kitchen with a range of appliances as standard. The white sanitaryware, thermostatic shower, heated towel rail and ceramic tiles combine for chic bathrooms and en suites, and there are fitted wardrobes to the master bedrooms. The apartments are all heated from an energy-efficient communal system and are covered by a ten-year warranty. The development also has secure cycle storage for the use of residents.
The area has plenty of established shops and leisure options already, and borders a number of other neighbourhoods, such as Chiswick and Ealing Broadway, where residents can find even more to choose from for shopping, food and drink, and culture.
Transport connections in this part of the London are excellent, with Acton Town station providing District and Piccadilly Line Tube services with a half-hour journey time into the heart of the city. Nearby Action Mainline station will benefit from extensive, fast services with Crossrail from 2019 to add to existing services along the Thames Valley and beyond.
Find out more at www.lqpricedin.co.uk ; 0844 406 9800
Your guide to Shared Ownership from WhatHouse? is free to download.