This is a sponsored article on behalf of L&Q.
When it comes to finding your dream home in London, it helps to be a little bit ahead of the curve. If you're after an affordable property and don't fancy compromising when it comes to your fun urban lifestyle, you'll want to a) know which areas are on the up and b) get in there early.
But no need to dig out your crystal ball, because we've got the lowdown on a major new regeneration project: L&Q at Hayes Village.
This new west London neighbourhood occupies the site of the former Nestle Factory in Hayes. It's part of an area that's undergoing large-scale transformation (more on that later) and, once complete, will provide more than 1,300 new homes.
338 of these are one, two, and three-bedroom apartments available via Shared Ownership by leading UK housing association L&Q — great news for first-time buyers who would otherwise be priced out of the area.
For the uninitiated, Shared Ownership offers an alternative route onto the property ladder, whereby you buy a 25%-75% share of a home and pay rent on the rest. Deposits are typically just 5%-10% of the purchased share price, making those saving goals much more achievable.
Securing a mortgage can be easier too — again, this is based solely on the share you purchase, so those on lower incomes are more likely to get accepted than if they opted for the traditional route. What's more, as and when you can afford to, you can purchase additional shares all the way up to full ownership.
So, what does Shared Ownership look like at L&Q at Hayes Village? Here, prices start at just £75,313 for a 25% share of a one-bedroom apartment (FMV: £301,250). Each home boasts its own private balcony or terrace, parking and bike storage is available, and onsite amenities will include landscaped gardens and a residents-only gym.
Once complete, the development will be replete with green spaces including a walking trail, plus a 200m running track and outdoor exercise equipment. L&Q at Hayes Village is also right next to Grand Union Canal, with new public walkways set to improve access to the waterway.
Transport links to central London are about to get better, too, with the upcoming launch of the Elizabeth line at Hayes and Harlington station, which is just a short walk from the development.
That is, of course, if you feel the urge to venture further afield — there's plenty going on in your own neighbourhood, too. Fans of outdoor swimming, plus anyone who appreciates art deco architecture, need to visit Hillingdon Lido, a glorious, lovingly restored, and heated 50m pool dating back to the 1930s.
Other local attractions include the beautiful Minet Country Park, the Beck Theatre, and shiny new climbing centre The Nest. Literature lovers will also want to pay a visit to writer George Orwell's former gaff, marked by a plaque at what's now Fountain House Hotel.
Tempted yet? Register your interest in Shared Ownership at L&Q at Hayes Village today and a member of the L&Q team will be in touch to talk next steps.
Shared Ownership at Hayes Village by L&Q. From £75,313 for a 25% share of a one-bedroom apartment (FMV: £301,250).
