"Affordable" housing development opens in East London
One of London’s largest housing associations is launching new “affordable” apartments and mews houses in North Woolwich.
Notting Hill Genesis will offer a range of one-, two- and three-bedroom homes available to buy through Shared Ownership.
The development is designed for first-time buyers, with just 47 homes available starting from £92,500 for a one-bedroom apartment.
A two-bedroom property starts at £117,500 for 25 per cent, £128,750 for 25 per cent of a three-bedroom apartment, and three-bedroom mews houses available from £145,000 for a 25 per cent share.
James Munson, head of marketing at Notting Hill Genesis, said: “We are very excited to be launching our new homes at Woolwich Reach.
“Situated on the banks of the Thames, the homes offer residents much-desired views of the river and proximity to green, open spaces, while still being linked to Canary Wharf, Central London and many of the other fantastic amenities the city has to offer through nearby transport links.
“Through Shared Ownership the development will enable people to purchase a new home in an up-and-coming area, and our collection of apartments and mews houses will be ready for residents to move in quickly, so they can focus on getting to know their new neighbourhood.”
Notting Hill Genesis has around 64,000 homes across London and the south-east, serving more than 170,000 residents. It was formed in April 2018 when Notting Hill Housing amalgamated with Genesis Housing Association.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model