With the number of first-time buyers doubling in the past year according to Barclays, it’s timely that Latimer Homes is preparing to launch The Bowery in West Ealing. Launching on Saturday 21st May and comprising 60 one, two and three-bedroom shared ownership apartments, the development presents an opportunity for those wanting to step onto the property ladder in an affordable, recently regenerated, pocket of west London.
Prices for a one-bedroom apartment start from £138,900 for a 30% share and require a £6,945 deposit whilst prices for a two-bedroom apartment start from £129,500 for a 25% share and require a £6,475 deposit. Offering a brilliant combination of attractive green spaces, vibrant bars and restaurants, and excellent transport connections, The Bowery is the ideal option for first-time buyers.
Buyers who choose to make The Bowery their home will be well placed to enjoy the benefits of Ealing’s programme of regeneration, at a time when local areas are so important to our everyday lives.
Krete Luca, Sales Director at Latimer, part of the Clarion Housing Group, comments: “For those eager to find an affordable home with a London postcode, The Bowery is great contender. The combination of regeneration prospects, which include the arrival of Crossrail, and new affordable homes place this development firmly on the first-time buyer map. Everything’s in place for establishing a new community at The Bowery and the new apartments are finished to the impeccable standard Latimer Homes has become known for. The development’s location truly offers the best of both worlds within the area, placing residents on the doorstep of a range of amenities as well as stunning green spaces. This is a great time to move to West Ealing and be part of a vibrant neighbourhood.”
Residents at The Bowery will be ideally positioned for weekend shopping trips, with several high streets close by. Just a five minutes’ walk away is Ealing Broadway’s variety of high street grocery shops and fashion retailers. Northfields High Street, which features a range of independent interior and coffee shops, is also a short walk from the development and home to Northfields’ tube station.
However, what really sets The Bowery apart is its proximity to wonderful green spaces. With 3,300 acres of green space, Ealing is one of London’s greenest boroughs and The Bowery is perfectly positioned to reap the health and well-being benefits this provides. The development faces onto a charming allotment and is just a 10-minute walk from Walpole Park, the Grade II Listed jewel in Ealing’s crown, boasting a beautiful ornamental lake as well as Pitzhanger Manor and Gallery. A little further afield lies Lammas Park, a 25-acre open green space with a variety of sports facilities.
The Bowery features landscaped gardens and a range of community facilities including a car club and potential space for meetings and events. All apartments enjoy access to private outdoor space via a balcony or juliet balcony, and feature high-specification fixtures and fittings throughout, including contemporary kitchen and bathroom units.
For connections further afield, home-movers to The Bowery can also enjoy the benefits of the long-awaited Crossrail service, which is scheduled to start running from Ealing Broadway Station in summer 2022. The new service will be transformative for the area, putting a range of locations across the capital within easy reach of Ealing Broadway, including Bond Street in just 11-minutes and Canary Wharf in 25-minutes. Existing commuter links are also excellent, with West Ealing train station situated a 10- minute walk from the development, taking buyers to London Paddington in just 13-minutes.
Prices for a one-bedroom apartment at The Bowery start from £138,900 for a 30% share of the full market value of £463,000. Prices for a two-bedroom apartment at The Bowery start from £129,500 for a 25% share of the full market value of £518,000.
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