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Discounted Homes Available For Walthamstow Locals

Posted 10 October 2023 by Helen Christie

Pocket Living is launching 90 homes available exclusively for those who live or work in the London Borough of Waltham Forest...

Innovative housing developer Pocket Living is launching its latest first-time buyer community in Walthamstow, with 90 one-bedroom, energy-efficient homes available exclusively to locals.

Located within minutes from Lloyd Park and opposite the Grade II listed William Morris Gallery, apartments at Forest Road E17 will be available at a 20% discount to the local market from Saturday 4 November to those who currently live or work in the London borough of Waltham Forest. Eight of the homes are also wheelchair adaptable and available to Blue Badge holders. From spring 2024, the homes will be available London-wide to eligible first-time buyers either living or working in the Capital.

Forest Road E17 has a host of communal spaces for residents to enjoy including two roof terraces. Residents can make use of the shared allotment beds to grow fruit and veg, use the space to exercise, or relax with neighbours in the seating areas with a cup of coffee. There is also a striking entrance, with walls of hand-made red ceramic tiles, which leads to a spacious lobby connecting the street to the south-facing courtyard.

The apartments are designed to use interior space efficiently. Each home has integrated lighting, built-in storage cupboards, an open-plan living, dining and kitchen space with modern worktops and energy-efficient appliances, and a bedroom with space for a double bed, bedside cabinets and a wardrobe. The windows in each of these rooms are maximised to let light flood in, while the sleek wet room has a walk-in shower that requires 60% less water than conventional products.

Some of the homes also have their own private terrace areas, with the corner apartments looking out to dual-aspect views. Below, existing strawberry trees are being replanted in the courtyard, where seating and shared allotment planters foster a sense of community from the ground up.

To help lower residents’ energy bills, Pocket Living has incorporated a series of sustainable features throughout the development. This includes solar panels that contribute to the power supply to the communal areas, air source heat pumps providing renewable heating and hot water, double and triple glazed windows and energy-efficient integrated LED downlights.

Inspired by the heritage of the area, the building echoes the curved bay windows of the William Morris Gallery, and the mix of warm white, grey, plum and red tones found within the surrounding buildings. Designed by architects Gort Scott, the scheme has sought to act as a sibling to Pocket Living’s second community in Walthamstow at nearby Gainsford Road E17, referencing the area’s rich history of providing for local workers through its distinctive Warner housing. A local artist has also been commissioned to create a mural that is reflective of the natural landscape. 

Jenny Anson, head of sales at Pocket Living, says: “Walthamstow is very lively at the moment, with young professionals, families and retirees all vying for a piece of the property market. It is easy to see why though - it is a very supportive area that has a strong community and quintessential village feel but is also located just 15 minutes from the City. Local shopkeepers will very quickly learn your name and there are lots of classes and sessions to join, ideal for making new friends. There are also plenty of great food and drink options: Froth & Rind, a cheese, wine and craft beer shop that makes great toasties, The Village Pub known for its inferno fries and the ‘more napkins please’ burger, as well as Europe’s longest outdoor street market selling tasty treats from around the world from curried goat to pie and mash. Having delivered our Gainsford Road E17 scheme in Walthamstow in 2019, we’re excited to be back, providing 90 new homes for those who make this area tick.”

Walthamstow Central Station is a 12-minute walk from Forest Road E17, where residents can catch the Victoria Line to destinations including King’s Cross, Oxford Street and Victoria, or the Overground, where trains run regularly into Liverpool Street Station. The development is also well served by local bus routes, with three bus stops less than five minutes away. Walthamstow is also expected to benefit from the Mayor of London’s Superloop suburban bus network, which would link Walthamstow with both North Woolwich and North Finchley.

To be eligible to purchase a Pocket home at Forest Road E17, the prospective buyer can’t already own another property, and, until spring 2024, must live or work in London Borough of Waltham Forest. All buyers must earn under the Mayor of London’s income threshold for affordable housing (currently £90,000). When the homes are sold on, new purchasers must meet the original criteria and have a household income below the Mayor of London’s affordable housing threshold.

Buyers own 100% of their property, which are sold at a 20% discount to the local market.

Prices for the one-bedroom Pocket apartments start from £298,000. For more information or to register interest, prospective buyers can visit pocketliving.com or call 020 7291 3683.

 

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