Homes for first time buyers in Westminster
The City of Westminster is one of the most famous boroughs in London, synonymous with style and sophistication but not with affordable housing, until now.
Octavia Housing is launching a range of developments in the prestigious Central London borough over the next year, providing first time buyers with the chance to live in the most desirable location in the capital.
Grand Union Apartments provides an enviable collection of one bedroom apartments alongside the Grand Union Canal in Paddington Basin. The new homes are set in a 16-storey residential building in Merchant Square, at the heart of one of London’s most glamorous development projects, 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.
Grand Union Apartments provides contemporary style fitted kitchen cabinets, dark granite effect work surfaces and fitted appliances including electric oven and hob, fridge freezer, washing machine and timber effect laminate floor to kitchen, halls and living room while bedroom and living room windows come with fitted blinds. Bathrooms come complete with contemporary style white bathroom suite, enameled steel bath, thermostatic shower over bath and heated towel rail.
Leinster Terrace, another of Octavia Housing’s developments in Westminster, is situated opposite the world famous Hyde Park. Providing a collection of 6 one bedroom apartments, this development has excellent transport links in the form of Bayswater, Lancaster Gate, Paddington and Queensway underground stations all within a 10 minute walk.
Howick Place, Victoria and a development of two homes in Baker Street will also be launching in 2012.
Andy Warman, Assistant Director at Octavia Housing, commented: “Westminster is one of the most desirable places in London and for first time buyers to have the chance to purchase a good quality home; in a fantastic location with some of the world’s most famous sites right on the doorstep really is too good an opportunity to turn down.”
With a wealth of boutique cafes, plush bars and restaurants in the surrounding area whatever the occasion there is the perfect destination. Entertainment and leisure is something you will never have to worry about again with nightclubs, cinemas, gyms and some of London’s most historic attractions around every corner.
Some of the world’s best shops, and London’s most idyllic parks, are a short walk away. Oxford Street has something for everyone, from Selfridges and Marks and Spencer to Topshop and Gap, while for that little something to treat yourself, Bond Street’s famed shops, including Armani, Mulberry and Prada, are on your doorstep while Regent’s Park and Hyde Park offer vast amounts of green space while the mini villages such as Marylebone offer a quieter alternative to the hustle and bustle of Bond, Oxford and Regents Street.
Edgware Road tube station is less than a five minute walk away from Grand Union Apartments and offers services to Marylebone for national rail services, Baker Street, Oxford Circus and Waterloo in less than 15 minutes on the Bakerloo Line and King’s Cross, Moorgate and Victoria in less than 20 minutes on the Circle Line. London Paddington is a short walk away and provides regular rail services to the West of England and onto Wales.
Grand Union Apartments are available on a part-buy, part-rent basis, also known as First Steps. This means you buy a share in your home and pay a subsidised rent on the share that you don’t own. Prices start at just £98,000 based on a 25% share of the full market value of £392,000, priority will be given to those living and working in Westminster City Council.
For sales information, visit: stagnellfox.co.uk
