Hyde Park homes made affordable
Owning a property near the world famous Hyde Park in Central London has been exclusive to only the rich and famous, until now.
Octavia Housing is launching a collection of 6 one bedroom apartments in Leinster Terrace, W2 that are available through shared ownership, providing an amazing opportunity to buy an affordable home in this fashionable location.
Properties are available from just £75,000 for a minimum 25% equity share of a one bedroom apartment with a market value of £300,000. Perfect for those on a salary above £30,200, people can expect to pay £895 per month including their mortgage and rent which is considerably less than the average monthly rental of £1,846 in this area.
Andy Warman, Assistant Director at Octavia Housing, comments: “Leinster Terrace offers a unique opportunity for people to secure an affordable new home near Hyde Park. Interest in these properties is expected to be high so we would advise interested purchasers to register their interest as soon as possible in order to avoid disappointment.”
The apartments have been spaciously designed with an open plan kitchen and living room. Features include contemporary style fitted kitchens with integrated appliances, spacious bedrooms and bathrooms with modern white bathroom suites.
Offering an amazing natural entertainment centre on the doorstep, Hyde Park is one of London’s finest historic landscapes where you can hire a boat, swim in the lake, play tennis, ride a horse or enjoy a meal in one of the cafes. Covering over 350 acres, there an array of famous landmarks including the Serpentine, the Diana Fountain, Speaker’s Corner and even the UK’s first Solarshuttle, which glides across the lake powered only by the sun. The park is also host to international festivals, concerts, fund raising activities, marathons, triathlons, outdoor cinema nights and is the venue for the triathlon and the marathon swimming in the London Olympics 2012.
Leinster Terrace is the perfect location for people looking to enjoy everything that London has to offer including the nightlife, restaurants and bars, as well as cinemas, gyms and some of London’s most historic attractions. For shopaholics, Whiteleys Shopping Centre is within walking distance which houses some of the world’s leading fashion brands including Marks and Spencers, Karen Millen and Zara alongside an eclectic selection of independent boutiques.
This development has excellent transport links with Bayswater, Lancaster Gate and Queensway underground stations all within a 10 minute walk. Bayswater is on both the Circle and District Lines, whilst Lancaster Gate and Queensway are on the Central Line, offering easy access to the City. In addition, Paddington is within a 15 minute walk for regular rail services to the West of England and onto Wales.
Prices start at just £75,000 for a 25% share of a one bedroom apartment. Priority will be given to those living and working within the borough of Westminster.
For sales information, visit: stagnellfox.co.uk
