Affordable luxury living in Paddington
Octavia Housing is proud to announce the launch of 16 affordable apartments at Merchant Square, the cosmopolitan heart of London’s most glamorous development project, Paddington Waterside.
Planned as the capital’s premier residential, commercial, leisure and retail quarter, Paddington Waterside is transforming the old Paddington Basin into a hub of contemporary urban living.
The Grand Union Apartments are in a 16-storey residential building of 196 units in total. Under Octavia’s shared-ownership scheme, the price for this taste of the urban highlife is astonishingly low. One-bedroom apartments start at just £103,125* based on a 25% share of the full market value of £412,500.
Grand Union Apartments enjoy a canalside setting close to the chic shops and restaurants that are transforming this corner of Paddington into a truly stylish destination. Merchant Square is an elegant open space fronting the moorings where corporate and retail barges will berth alongside private boats to provide a bustling waterfront community.
"We are proud to be part of this headline project," says Andy Warman, Assistant Director at Octavia Housing. "High-end lifestyles don’t have to be the preserve of the wealthy, and affordable housing doesn’t have to be confined to the margins of the property market.
"Grand Union Apartments demonstrate how Octavia Housing’s aspirations for its clients can fit into a flagship development, contributing to the social mix that is essential to the vibrancy that will make Paddington Waterside thrive."
Paddington Waterside provides the perfect work-life balance. As well as on-site facilities for leisure and relaxation, the development’s location close to Paddington station opens up myriad retail and commercial opportunities. Oxford Street and the Edgware Road are just around the corner, and some of London’s most desirable enclaves – St John’s Wood, Marylebone and Notting Hill – are adjacent.
The area boasts enviable transport links, with not only mainline services and the Underground from Paddington station but Edgware Road’s two stations and major bus routes nearby. The A40, providing access to the M25 and the national motorway network, lies just to the north.
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* Prices correct at time of going to press
