With rents for one-bedroom apartments in London soaring, buying your own new home is increasingly the option of first-choice for many people. To meet that need, many builders are including affordable one-bedroom new homes in their prestigious London developments.
Berkeley Group offers a wide range of new studios and one-bedroom apartments in London, with prices ranging from £149,950 in North London to £2,250,000 in Battersea. Beaufort Park, in Hendon NW9 is fast-becoming a must-have address, and Berkeley/St George have just released a perfect first-time home with their one-bedroom Eagle apartment for £199,950. This well-appointed new home features a full-size bath with shower, fitted kitchen and patio doors leading to a terrace.
Berkeley's West 3 development, a stunning conversion of one of London's landmark buildings in the heart of Acton, has one-bedroom apartments on offer from £252,000 to £317,500. Ideal for first-time buyers or professionals looking for a London base, the area offers great transport links to Central London and Heathrow Airport. There's a 24-hour concierge service to this gated development, and apartments benefit from superbly fitted kitchens and bathrooms.
Head east, near to the Olympic village, and find Barratt Homes' St Andrews development, Bromley-by-Bow. With their Head Start scheme, one-bedroom apartments start at £180,625 requiring a deposit of just £10,625. These chic and stylish apartments offer fully fitted kitchens with spacious living areas and many boast their own private balcony. With apartments set in buildings ranging from three to 27 storeys, there are some great views to be had across the city and surrounding areas.
Just nine miles from the centre of London are The Lemonade Building apartments by Redrow. Set in Barking, Essex, just 19 minutes by train from London's Fenchurch Street Station, these stunning one-bedroom new homes are on the market from £140,000. Accommodation is open plan, with a large lounge/diner and fully fitted kitchen, leading to a modern bathroom, good-size bedroom and private balcony.
Part-rent/part-buy schemes offer a truly affordable way onto the housing ladder for many young singles and couples. One such scheme is Co-operative House, Rye Lane, Peckham Rye, SE15. The L&Q Housing Association has homes on a part-rent/part-buy basis from just £52,500. A viewing day is planned for Tuesday 14 December 2010, interested parties should call L&Q to book a visit. The price includes a 30% share in the property, and rents are from £281 per month, with a monthly service charge of £139.
Southern Housing Group is offering 25% shared ownership on part-rent/ part-buy one bedroom apartments at The Armouries. Prices at this high-quality development in Duke of Wellington Avenue, Woolwich, South London, with fantastic transport links into Canary Wharf and the City, start at just £43,750, with monthly rent and service charges of around £270 per month. These airy apartments are perfect for individuals or couples wanting a City life, and many offer balconies.
'Eagle' apartments at Berkeley Homes' Beaufort Park scheme in Hendon start at £199,950