The first affordable flats in the monster King's Cross Central regeneration zone are about to go on sale.
First-time buyers keen to get into this exciting building project, which will eventually contain about 2,000 homes, can buy a 25 per cent share of a one-bedroom flat on the 67-acre site at a starting price of £71,250 (full market price: £285,000). A quarter share of a two-bedroom flat starts at £90,000.
One Housing Group has 41 one-bedroom flats and 23 two-bedroom apartments for sale, across two top-notch blocks on the northern edge of the site.
One has been designed by the Stirling Prize-winning architects Maccreanor Lavington as a cluster of three buildings up to 16 storeys tall set around a private residents' courtyard.
The other, by PRP architects, has 16 storeys of dramatic pre-cast concrete and black glass, with shops at ground-floor level and another private courtyard.
The properties will be ready to move into in July and when the entire development is finished there will be plenty more shops, cinemas, bars and restaurants on the doorstep.
That could all take 10 to 15 years but residents can always console themselves with unsurpassed transport links - Tubes and trains galore and the West End in walking distance - or by staying put and enjoying the brasserie and bar at the magnificent and recently restored St Pancras Renaissance Hotel.
Visit www.kingscrosscentral.com and for information about shared ownership at King's Cross Central, visit www.onehousinggroup.co.uk.
More affordable homes in north London
A collection of one- to three-bedroom homes called Indigo launches this month in Wood Green, within walking distance of Alexandra Palace. One-bedroom flats start at £76,000 for a 40 per cent share and two-bedroom apartments start at £95,000.
Or you could opt for a two-bedroom house from £128,000 for a 40 per cent share or take on a three-bedroom house for £140,000. There are 45 homes available in the Notting Hill Home Ownership development - visit www.nhhg.org.uk/indigo - which is strong on outside space.
All of the homes have a terrace or balcony, and there is a triple-level courtyard garden. Nearby there are good bars and restaurants and access to central London is easy. Wood Green Tube is five minutes' walk away and Alexandra Park railway station a halfmile walk.
Mark Vaughan, managing director of Notting Hill Home Ownership, says: "Affordable family homes are particularly scarce in London, and Indigo offers buyers with small families an unusual opportunity to purchase their first home within the capital. Private gardens, play areas and proximity to great schools makes this an ideal location for them."
Highbury Gardens, Islington: officially the best new place to live
Award-winning Southern Housing Group is releasing 39 apartments at its Highbury Gardens scheme (right) in Islington, which has just been named best new place to live as part of the prestigious London Planning Awards. They will cost a from £68,750 for a minimum 25 per cent share.
Highbury Gardens was designed by Porphyrios Associates, and the majority of the homes have balconies overlooking a landscaped courtyard.