"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.