Prices start from as little as £57,450 (based on a 30% share of £191,500) for a one bedroom apartment under shared ownership, so getting your foot on the property ladder might be more attainable than you thought.
Latimer, the development arm of Clarion Housing Group, has announced the handover of the first apartment block at its flagship £70m HD development in MediaCity, and the first residents have already started moving in.
A total of 100 apartments of the 280 will be available through Latimer’s shared ownership offering.
A shared ownership mortgage will allow people to part buy, part rent one of these properties while increasing their share of ownership over time until they own their property outright.
Some of the unique features for residents to take advantage of include modern and spacious communal areas such as a Club HD terrace lounge, co-working spaces and a multi-function private room – suitable for professionals on their working from home days.
There’s also a 24-hour concierge and audio door entry systems for high-spec security. And if that’s not enough to sway you, the interiors are inspired by the hit Netflix show, The Queen’s Gambit.
The communal area is decked out with comfy beanbags, curved retro sofas, leather reclining chairs, stools shaped like giant chess pieces and wooden tables with their own built-in wine bottle holders. And there’s a cocktail bar complete with wine fridge, as well as pool and table tennis tables.
Paul Walker, National Sales Director at Clarion Housing Group, said: “It’s fantastic to reach another key moment in the life of our exciting High Definition development as we see the first residents make it their home.”
“Straight away, they will be able to get the full High Definition experience, with access to the luxurious residents’ lounge and high spec co-working spaces, which will make the development feel more than just a home, but a vibrant community,” he added.
Overall, 132 one-bedroom, 136 two-bedroom and 12 three-bedroom apartments are available at High Definition.Prices for one-bedroom apartments start at £203,000. Two-bedroom apartments are available from £286,000 and three-bedroom apartments are available from £430,000.
A Second residential block at HD, Aria, is scheduled to handover in February next year.