Convenient transport links rank high on the wish list for London’s first time buyers. However, homes within walking distance of tube and Overground stations come at a cost – a recent survey showed that London buyers are willing to pay a 9.4% price premium to cut their commutes1.
Schemes such as Shared Ownership offer an accessible way onto the housing ladder in some of the capital’s most well connected neighbourhoods. Instead of being forced to move deep into the commuter belt to become a homeowner, Shared Ownership is helping London’s workforce live and thrive in the city with huge numbers of homes perfect for singles, couples, and families alike.
Showcasing the best of affordable homes, leading Shared Ownership property portal Share to Buy offers a wide selection of properties across London within a quick, convenient walk to the local station.
The Refinery, Southern Home Ownership
The Refinery is a collection of 60 one, two, and three bedroom homes available through Shared Ownership in London’s ‘Sugar Mile’ – West Silvertown, E16. Ideal for families, the scheme offers a number of three bedroom homes – rare for Shared Ownership schemes in London. The development is moments from West Silvertown DLR. City workers can reach Bank in just 18 minutes and Liverpool Street in 23 minutes. Prices for two bedroom apartments start from £157,500 for a 35% share (full market value £450,000), and £184,625 for a 35% share of a three bedroom apartment (full market value £527,500).
Coppers House, Poplar HARCA
Coppers House is the newest addition to the Aberfeldy Village development. Residents have access to a 24 hour concierge service, resident gym and resident lounge. Located in Zone 2, East India DLR station is just minutes away with great connections to Canary Wharf. Canning Town is also less than 15 mins walk connecting you to the Jubilee Line and the London Underground network. Prices for a 25% share of a one bedroom apartments start from £101,250 (full market value £405,000) and from £118,750 for a 35% share of a two bedroom apartment (full market value £475,000).
Ropemakers Yard, L&Q
Ropemakers Yard is a stylish collection of homes in Stepney, offering a mix of one and two bedroom apartments and three bedroom maisonettes for Shared Ownership. All apartments have private balconies, terraces or winter gardens, some with amazing city skyline views. Homes have sleek kitchens and bathrooms, a flowing open plan design and a high quality finish. London Help to Buy is also available at this development. Shared Ownership prices for a one bedroom apartment start from £113,250 for a 30% share (full market value £377,500) and £142,000 for a 30% share of a two bedroom apartment (full market value £475,000).
Hampstead Manor, Newlon Housing Trust
Hampstead Manor is located on leafy Kidderpore Avenue, just minutes from the centre of Hampstead Village. These beautifully designed homes provide an ideal opportunity to live in one of London’s most sought after areas. Relax in the beautifully landscaped gardens and open green spaces or why not take advantage of the convenient travel network at Finchley Road & Frognal Overground station, which is just 12 minute walk from Hampstead Manor. Prices for the final one bedroom apartments start from £170,000 for a 25% share (full market value £680,000).
Hendon Waterside, SO Resi
Hendon Waterside is a flagship regeneration scheme, and part of an exciting series of projects currently transforming the landscape in West Hendon and the local area, in association with Metropolitan Housing Trust and the London Borough of Barnet. Located in Zone 3 and adjacent to the Welsh Harp Reservoir, Hendon Waterside is within walking distance of Hendon railway station and Hendon Central Tube station. Prices for one bedroom apartments start from £96,250 for a 25% share (full market value £385,000), and £138,750 for a 25% share of a two bedroom apartment (full market value £555,000).
All of the above homes are listed on Share to Buy, visit www.sharetobuy.com