Homes overlooking the capital’s rivers and canals tend to carry a hefty premium, but not at this development on the Grand Union Canal at Alperton, west London. The scheme has 250 yards of canal frontage and offers 54 homes on a shared-ownership basis, with prices starting at £110,000 for 40 per cent of a one-bedroom flat.
The only drawback is that Alperton is on the Piccadilly line in Zone 4, a slightly awkward north-west London, spur, but despite requiring a bit of a tour about west London you can be in the West End within 40 minutes.
Two-bedroom flats start from £142,000 for a 40 per cent share, while three-bedroom properties, which also include a parking space, start at £183,000 for a 40 per cent share.
The properties launch for sale on Thursday 7 August and people who already live in Brent will be given first choice. For further information contact the selling agent, Currell, at www.currell.com/affordable-homes.
243 Ealing Road: 54 homes are available on a shared-ownership basis
The development is named for its address, 243 Ealing Road, and is a jazzy scheme designed by architects BPTW. The seven mid-rise blocks are decorated with blue cladding and pops of vibrant yellows and greens — it looks far better than it sounds.
The £100 million scheme, a joint venture between housing association Network Living and developer Hill Residential is set in generous gardens, and all homes have a balcony, patio or terrace with some terrific London views. There is plenty of chance to stroll or cycle along the towpath, and there are plans for a canalside café in the future.
GOOD WITH GARDENS
A really good innovation is an on-site community garden with space for residents to have allotments and grow their own fruit, flowers and vegetables. In total, 243 Ealing Road has 441 properties and the homes will be move-in ready in January, with the whole site due to be completed by this time next year.
Waterside homes: the scheme has 250 yards of canal frontage
Alperton is a bit short on the shops, bars, cafés and restaurants front. Brent council is very much aware of this and is supporting a huge new regeneration scheme for the area which it hopes will deliver 1,600 new homes, improved shops, new schools, and better recreation facilities. However, Ealing Common is three stops away on the Tube for shopping and going out.
Martin Fillery, head of affordable homes at Currell, agrees the area is not great yet: “But if you buy now you are getting in at a time when prices are still quite keen.”
- Search houses and flats for sale in Alperton