Investing in Shared Ownership in Park Royal
The £26 billion regeneration scheme for Old Oak and Park Royal, set to transform the region into a new hub for West London, is already well underway. With a proposed 26,000 new jobs in the surrounding areas along with cultural and leisure facilities, the capital’s newest hotspot will also offer a plethora of open spaces – including Pitshanger Park, a green riverside area with tennis courts, creating an idyllic sanctuary away from bustling city streets.
Offering first-time buyers the opportunity to step onto the London property ladder at the very start of this exciting new venture, developer L&Q has recently launched one and two bedroom Shared Ownership apartments at L&Q at Regency Heights.
Shared Ownership offers an alternative route onto the property ladder, giving buyers the option to purchase a percentage of a property – usually between 25% and 75% – and pay rent on the rest. You only have to put a deposit down on the share you are purchasing, which makes Shared Ownership more accessible than buying a home outright.
Deposits at L&Q at Regency Heights start from just £5,125 , providing a chance for a range of buyers to access affordable homes in this changing part of the capital.
The apartments themselves all offer high quality interiors, designed for 21st century living. Contemporary, open plan kitchens feature a range of integrated appliances, including an oven, ceramic hob, fridge-freezer, dishwasher and chrome fixtures, whilst bathrooms have modern white sanitaryware. Each home also provides sought-after private outdoor space, with sensational views across the lush landscaped gardens available from private balconies, perfect for residents to enjoy during summer months.
Perfect for commuters seeking easy transport links into the city, L&Q at Regency Heights is ideally positioned in Park Royal, a prime Zone 3 location. Existing Piccadilly and Central Line stations allow residents to enjoy convenient travel connections from both Park Royal and Hanger Lane stations, with a journey time of 23 minutes to Oxford Circus. Further ambitious development will soon transform nearby Old Oak Common Rail Depot into a major interchange station, serviced by both Crossrail and HS2 services, making Park Royal one of the city’s most well-connected areas.
Nearby, the well-established neighbourhoods of Ealing and Chiswick offer a range of gastropubs, restaurants and bars, while Westfield shopping centre is just a short trip on the Central Line.
For more information or to register your interest, visit: https://lqhomes.com/regencyheights/