East Thames Group launches the first new homes at Chobham Farm
Posted 5 February 2016 by Keith Osborne
The regeneration of Stratford and its neighbouring East London areas continues as developer East Thames Group releases the first homes at Chobham Farm, a new residential area rising from a former industrial site.
Prospect East comprises 173 contemporary new homes, ranging from one-, two- and three-bedroom apartments and maisonettes to four-bedroom townhouses. Prices start from £364,950 for a one-bedroom apartment.
These new homes are located between Stratford and Leyton, on the fringes of the area known as ‘Olympicopolis’, centred on the regeneration of East London as it hosted the Games in 2012. The area was previously the trading hub of E15 and the home of the former Stratford Works – the largest and most comprehensive rail works and goods depot in Britain. The blocks on Prospect East have been named after some of the most famous of the thousands of railways locomotives built on the site – The Mogul, the Prairie, the Atlantic, the Pacific and the Sentinel.
The new homes are set within a landscaped space which includes a linear park and a communal courtyard lined with fruit trees. Appealing to a wide range of homebuyers, the development will comprise 94 private sale homes, 59 Shared Ownership, 18 social rent and two affordable rent homes, each built with a variety of energy-efficient features such as urban drainage and photovoltaic panels. Many properties will also include a private garden, balcony or terrace.
Tony Harker, director of sales and marketing at East Thames Group, says: “From the outset, our aim has been to deliver a carefully considered scheme and Prospect East represents the culmination of our extensive design process. Our vision was to create an inclusive neighbourhood which will make a positive difference to new and existing communities through social and physical regeneration.
“We expect to see a significant amount of local interest, from buyers looking to invest in what is fast becoming one of London’s most fashionable post codes.”
Stratford station is a 12-minute walk away from this new development, with a host of public transport options including National Rail, Overground services, Jubilee and Central underground lines, and DLR, as well as High Speed and Eurostar services from Stratford International. Stratford was recently reclassified as a Zone 2 station. Crossrail will extend options still further from 2018.
Find out more at www.prospecteast.co.uk ; 020 8003 1718