Zone 1 Living with L&Q
The London Borough of Southwark has been listed as one of the top 10 London boroughs where house prices have increased the most over the last 10 years. Seeing a 75% increase in the average property price in the local area, the borough has become increasingly inaccessible for first time buyers.*
Meeting the demand for affordable housing in the centre of the capital, L&Q at Elephant Park is a collection of Shared Ownership homes in Southwark available from just £168,750 for a 25% share.
One of the best-connected places in London, with two underground stations, a mainline rail station, 28 bus routes and one of London’s first Cycle Superhighways, this South East London town is also undergoing a huge regeneration – making it an even more appealing option for first time buyers in the capital.
Claire Brenlund, Sales and Marketing Director at L&Q comments; “As expected, we’ve seen high levels of interest in our homes at L&Q at Elephant Park. We knew that affordable homes in Zone 1’s highly sought after location would prove popular, and this demand has led to all of our one-bedroom apartments now being reserved, with only a select few two-bedroom apartments remaining in the latest phase. The location of Elephant Park truly is exceptional for first time buyers, and we’re delighted to be offering such a prime location at an affordable price point.”
Built to the highest specification, all two-bedroom homes at L&Q at Elephant Park feature spacious open layouts – living spaces flow seamlessly to private balconies or terraces, while large windows keep the interior bright and airy. Well-designed kitchens are complete with fully integrated appliances and durable Silestone worktops; while in the bathrooms, sleek countertops and chrome finishing bring an element of luxury. Main bedrooms are complete with plush carpeting and fitted double wardrobes.
Prioritising sustainability, L&Q at Elephant Park forms part of the UK’s first Climate Positive Development, with extensive planting to support biodiversity and provide natural cooling for resilience against the changing climate included in the site’s masterplan. As part of this, the project will plant over 1,200 new trees, create 3,000 new cycle spaces and establish a local energy hub, providing net-zero carbon heat and hot water to all the homes at Elephant Park. With a low carbon energy centre and other innovations, Elephant Park aims to be a net zero carbon development in operation, when it is complete. It will be the UK’s first Climate Positive Development and will be centred round a new 2-acre park, the largest green space in London for 70 years.
Elephant and Castle is one of the hottest property spots in London – with a huge £4b invested into transforming the area. Set to offer a brand-new town centre for shoppers, retailers and residents, as well as an upgraded tube station, the regeneration also includes Castle Square, a shopping destination bringing together local traders – which is already open.
Residents have a wealth of food, drink and entertainment outlets on their doorstep. Local foodie options include Theo’s and Four Hundred Rabbits for mouth-watering pizzas, Bobo Social for small plates and cocktails and Mercado Metropolitano, named London’s first sustainable community market.
Fight City Gym, More Yoga and Gym Box are both located within the Elephant Park masterplan, delivered in partnership with Lendlease, offering high intensity workouts through to more relaxing recovery sessions, while beauty and wellness salons are in abundance – perfect for a pre night out pamper.
From Elephant and Castle Underground station, Bank is just 5 minutes away via the Northern Line and Oxford Circus is a 10-minute journey on the Bakerloo Line. The train station provides connections to London Bridge in just 7 minutes, while 28 different bus routes connect the area with the rest of London.
Prices at L&Q at Elephant Park start from £168,750 for a 25% share of a two-bedroom apartment (FMV: £675,000). For more information visit Elephant Park Homes For Sale | Shared Ownership | L&Q Homes (lqhomes.com)
