Help To Buy Available At New Kensal View Development

London-based real estate development company Yellow Brick Estates has launched a new residential development in the heart of the Kensal Rise regeneration zone – and for a very limited time, first-time buyers might be able to take advantage of Help to Buy to purchase one of them.

Kensal View provides 38 one-, two- and three-bedroom apartments, all of which are available through the government’s Help to Buy scheme. Prices here start from £475,000 for a one-bedroom property.

The Help to Buy scheme is only available to first-time buyers and it comes to an end next week. Buyers must reserve their new home by 6.00pm on Monday 31 October to take advantage of this initiative, which requires a 5% deposit and, within Greater London, provides an equity loan of 40% of the price. The buyer needs to secure a mortgage of the remaining 55% of the property price. The loan comes interest free for the first five years.

This development is in the heart of the Old Oak and Park Royal Development Corporation Area (OPDC), meaning the areas surrounding the development are set to see mass development and improved infrastructure. The OPDC plans include the transformation of Kensal Rise into one of London’s most well-connected areas via the transport interchange at Old Oak Common, which is a ten-minute walk from the development. Old Oak Common will accommodate 250,000 passengers a day and offer access to the West End in under 10 minutes on the Elizabeth line upon its completion in 2026. Alongside this, the regeneration of the area is set to entice new retail, leisure and food and beverage businesses. Once completed, house prices in the area are predicted to increase rapidly.

Designed by award-winning architect firm airc, Kensal View is a nine-storey building which has a striking geometric façade with large windows and spacious balconies. Residents will benefit from state-of-the-art kitchens featuring integrated Bosch appliances and bespoke kitchen units. Alongside this, each of the bathrooms are fully tiled and have beautifully designed baths and showers. Residents will also feel secure with each apartment having a built-in intercom system.

Centred around Yellow Brick Estates’ ethos of sustainability, Kensal View is a car-free development surrounded by ample green space and communal gardens.

To coincide with the launch of Kensal View, Yellow Brick Estates has also revealed the development’s show home, which has been interior designed by RMF Studios. The two-bedroom apartment showcases life at Kensal View by enabling potential customers an insight into life at the development. RMF Studios has created a bright and spacious living space with bold colours and a clever use of both bedrooms and the open plan reception room and kitchen.

Tobias Chang Pico, CEO of Yellow Brick Estates, commented: “Kensal View is providing an incredible opportunity for purchasers looking to live one of London’s most sought-after ‘up-and-coming’ areas. With prices at the development starting from just £475,000, buyers will be able to own a brand new apartment in the heart of the exciting regeneration zone. The newly launched show apartment is now open, and we encourage those interested to make an appointment to come tour the development. This is truly a landmark project in the area and with the deadline on Help to Buy, we anticipate a lot of interest from younger buyers.”

Find out more at [email protected].

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