UK Housing Market
L&Q’s Shared Ownership apartments in one of the capital’s hottest property markets
Benefiting from fast transport connections to Central London, an array of green spaces, cultural facilities and amenities on the doorstep, Walthamstow maintains its draw as a sought-after neighbourhood with a strong sense of community and entrepreneurial flair. Young professionals in particular have increasingly placed this Northeast London Borough at the top of their priority list when it comes to property hunting.
L&Q has just released Shared Ownership homes within Tourers House at the popular Walthamstow development, The Chain. The new collection comprises one- and three-bedroom apartments, offering a route onto the property ladder in this lively neighbourhood that mixes a contemporary, exciting art scene with the best of traditional East London.
Claire Brenlund, Sales and Marketing Director at L&Q, comments:
“Our new Shared Ownership apartments at The Chain present an affordable opportunity for first-time buyers to secure a home in a popular London neighbourhood this spring, with deposits starting from just £5,000. The development is situated in a prime Zone 3 location which prioritises access to outdoor space, via landscaped communal gardens on site and private balconies.
“Demonstrating green credentials, The Chain is virtually car-free. Each apartment is allocated safe and secure bike storage which encourages residents to live a healthier, more sustainable lifestyle and cycle more.”
Homes at The Chain have been thoughtfully designed to cater for modern living. The open-plan kitchens are stylish, modern and finished in a sleek contemporary style, with fully fitted integrated appliances. A multifunction oven, touch control induction hob, dishwasher, fridge/freezer and extractor are included as standard, meaning buyers are equipped with the perfect set-up for evening meals and entertaining guests. Bathrooms and en-suites offer a stylish and relaxing haven, with a steel bath with bespoke bath pane, chrome square-edged towel radiator and bespoke mirrored bathroom cabinet. Designed to maximise space, main bedrooms have built-in mirrored wardrobes, whilst storage cupboards in hallways allow for clutter-free living. Each apartment at The Chain comes with private outdoor space.
Walthamstow blends city living with tranquil countryside. At its heart is London’s newest and biggest nature reserve, Walthamstow Wetlands, which offers an idyllic escape from the bustle of the streets. Close to The Chain, Walthamstow Village offers a slice of country life in the capital and is renowned for its local produce shops and historic buildings as well as a range of bars and restaurants. The area’s multicultural population makes for an eclectic mix of food and drink destinations, while Walthamstow’s shopping scene offers both big high street names and one-of-a-kind boutiques. Home to Europe’s largest outdoor street market, residents are also spoilt for choice when it comes to organic fruit and veg, clothing and household goods. For cultural excursions, a performance centre, comedy club, music venue and cinema are within walking distance of the development.
Perfect for commuters, the development is ideally located for accessing the rest of the capital. A three-minute walk from The Chain, St James Station offers services into London Liverpool Street in 17 minutes and Bank in just 24 minutes. Also nearby is Walthamstow Central station, which is serviced by the Victoria Line. Offering a healthier and more eco-friendly way to commute, residents can easily travel by Walthamstow’s cycling network, including Transport for London’s Quietway 2, a route into the Central London.
Current prices at The Chain start from £122,500 for a 25% share of two-bedroom apartment (full market value: £490,000) and £143,750 for a 25% share of a three-bedroom apartment (full market value: £575,000)
Prices for the new launch start from £100,000 for a 25% share of a one-bedroom apartment (full market value: £400,000).