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Unique Opportunity For Kingston Buyers

Posted 13 May 2022 by Helen Christie

Discounted market homes at Royal Exchange present a unique opportunity to live in the historic market town of Kingston-upon-Thames…

WhatHouse? Award-winning developer St George, a member of the Berkeley Group, in partnership with the Royal Borough of Kingston, has launched the first release of discounted market homes, a total of 18 Manhattan and one-bedroom apartments, at Royal Exchange which are available exclusively for those currently living or working in Kingston.

A Manhattan apartment is available to applicants who qualify to purchase at a discounted sale price of £146,920. Full market value is £465,000 and applicants must earn a maximum housing income of £69,560 per annum, have lived in the Royal Borough of Kingston for a minimum of 12 months and do not currently own another property anywhere in the world.

These new apartments are part of the 28 homes that will be available in total at Royal Exchange exclusively for local residents.

With the first residents already living at Royal Exchange, this is a unique opportunity for those local to the area to get their foot onto the property ladder and call this new neighbourhood home. Community living is central to Royal Exchange, with residents enjoying access to private courtyards, beautifully landscaped gardens and communal terraces that have been designed as spaces to unwind or catch up with friends.  A new public piazza is also being created to offer residents and visitors alike a place to meet, shop and socialise.

The open-plan apartments boast a high-quality specification, with underfloor heating incorporated into all living spaces, stylish bespoke kitchens fitted with integrated appliances, and striking black ironmongery found throughout, including in the bathrooms to create an opulent feel. Some properties enjoy private outdoor space in the form of either a balcony or terrace.

Residents of Royal Exchange also have access to an array of private amenities including a screening room, a state-of-the-art fitness suite, meeting room and a 24-hour concierge. For those looking to reduce their carbon footprint, there are 642 cycle spaces and 50 electric car charging points available.

James Nicolson, sales and marketing director, St George City says: “In partnership with the Royal Borough of Kingston, we’re delivering these new homes exclusively to those who have an affinity with the borough, having lived locally for at least the last year. We hope to help those looking to settle down in this beautiful and highly sought-after market town find the perfect home for them.”

Matthew Essex, executive director of place at Kingston Council, says: "Providing affordable housing for local people is a key priority for us as a council, and working with partners such as St George to secure Discount Market Sales for Kingston residents is one of many ways we are working hard to achieve this. We are delighted to see the launch of Discount Market Sales at the Royal Exchange. This exciting development will be vital in helping Kingston residents get onto the property ladder."

Royal Exchange (St George)

Situated near the River Thames, and surrounded by London’s finest and largest green spaces, including Royal Richmond Park, Kingston is undergoing a major £1.5bn transformation. This includes a £25m redevelopment of the iconic Bentall Centre to include a new Curzon cinema, shops and restaurants and a £30m Go Cycle Programme to enhance cycle and pedestrian walkways through the town centre and towards the riverfront.

Acting as an extension of the historic market town and high street, Royal Exchange comprises over 300 new homes, a range of shops, restaurants, flexible co-working spaces and public gardens. Stitching together the old and new, Royal Exchange is also set around two prominent Grade II-listed heritage buildings, the Telephone Exchange and the old Post Office. Both buildings – which once served the local community - are being restored to their former glory to provide a new purpose for the community.

Kingston is home to some of the country’s top performing schools and education facilities such as Tiffin Girls’ School, Tiffin School, Kingston Grammar School and Kingston Academy. Kingston University also boasts the highest rate of graduate start-ups in the UK. 

Enhancing Kingston’s excellent transport links, Crossrail 2 is also expected to arrive at Kingston train station by 2030, improving access to the West End in just 30 minutes. 

View more developments currently available from St George

 

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