Reflecting a distinct shift in priorities for buyers post-pandemic, the popularity of waterside living has significantly increased, with the average price for waterfront properties in the UK up by almost 50% in 2021.
Offering a rare opportunity for first-time buyers to enjoy a sought-after riverside lifestyle, L&Q is marketing the final one-bedroom Shared Ownership homes in the current phase at L&Q at Huntley Wharf, located in the heart of the prospering town of Reading. Available with L&Q’s exclusive 5% deposit match scheme, new purchasers can secure a new home with a deposit as low as £3,563, when reserved in April.**
A joint venture between L&Q and Berkeley, the new homes form part of an exciting urban hub which will soon be a vibrant new destination for Reading. At L&Q at Huntley Wharf, residents will benefit from a plethora of facilities on-site, including a café, restaurant, local store and gym, all conveniently located in the development’s central hub, Riverside Square, as well as landscaped open spaces along the river.
Claire Brenlund, Sales and Marketing Director at L&Q comments, “Our Shared Ownership homes at L&Q at Huntley Wharf provide an incredible and unique opportunity for first-time buyers to get onto the property ladder in a brand-new waterside neighbourhood, while remaining within walking distance of Reading train station.
The one-bedroom apartments are the ultimate young professional pad. Drawing on the industrial heritage of the site, the homes have been designed with a modern specification, offering functional, flexible spaces and contemporary appliances. Plus, our current deposit match scheme offers an additional level of affordability for those who would otherwise be priced out of the area – making it much more accessible for young professionals to take their first step on the property ladder.”
Allowing buyers to move straight in, each apartment is finished to a high specification throughout, with stylish Symphony kitchens complete with integrated appliances as well as soft close doors and drawers. Top-of-the-range bathroom fixtures are included as standard, and underfoot homes have been finishes with Karndean flooring in living spaces and carpets in the bedroom. For all-important fresh air, every home has a private balcony and residents enjoy access to the beautifully landscaped podium gardens and riverside walkways on their doorstep.
Offering a perfect balance between bustling urban lifestyle and an idyllic riverside retreat, Reading embodies the core principles of a thriving cosmopolitan town. Just a short walk from the development are a number of independent hotspots, such as Tamp Culture Coffee, perfect for a morning caffeine hit, or the exquisite Thames LIDO, a refurbished Edwardian swimming bath, which is now a pristine pool and popular Mediterranean restaurant and bar. Combining an array of nearby green spaces with extensive shopping facilities and fast access to capital, L&Q at Huntley Wharf the perfect place for first-time buyers looking step onto the property ladder and invest for the future.
The development is ideally located a short walk from Reading train station, which offers direct routes into London Paddington in just 25 minutes. By bike, both the station and city centre are reachable in less five minutes. Meanwhile, the M4 connects Reading to Heathrow Airport and the rest of London, whilst other nearby towns and cities such as Oxford, Slough, Newbury and Guildford are easily accessible by road or rail.
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