Good News for Solo-buyers Leaving London for a Bustling Town

With average property prices in Berkshire almost £100,000 lower than the capital*, it is no wonder that the numbers of young London renters leaving the capital to buy their first home are higher than ever before, first time buyers currently making up 28% of London leavers.** For these young professionals, stylish apartments in large towns – which offer a thriving social scene and easy transport links to the capital – are in high demand.

Catering to this demand is L&Q at Huntley Wharf, where a collection of one-bedroom riverside homes are available to purchase exclusively through Shared Ownership, with deposits starting from only £4,000. Set in the buzzing town of Reading, the homes offer buyers a lively and vibrant lifestyle which could rival the capital – with the local area home to a range of nightclubs, cocktail bars, restaurants, live music and stand-up comedy venues and theatres. Perfect for those still commuting into London, or simply meeting friends, train journeys from Reading Station take just 25 minutes – and from 6th November 2022, the Elizabeth Line will run directly from Reading to Bond Street, Tottenham Court Road and right through to Abbey Wood.

Claire Brenlund, Sales and Marketing Director at L&Q comments, “Perfectly located in bustling Reading, our one-bedroom homes at L&Q at Huntley Wharf are ideal for first-time buyers. As well as benefitting from numerous on-site amenities, including a planned brand-new restaurant, gym, and a supermarket, the development is just a few minutes from the town centre, for easy access to the huge array of restaurants, bars, and nightclubs that make Reading so exciting. Our one-bedroom Shared Ownership apartments are perfect for singles or couples who might be on a lower budget, but are still looking for a contemporary home in an active town with plenty going on.”

At L&Q at Huntley Wharf, homes are designed with young professionals in mind, finished with a contemporary, neutral colour palette that buyers can personalise to their own taste. The stylish kitchens come complete with integrated appliances, and soft close doors and drawers, while the white sanitaryware in the bathroom continues the modern look. The spacious open-plan set-up enables buyers to set up their own home-office or work-out space, encouraging productivity without leaving the apartment. For all-important fresh air, residents can enjoy access to the beautifully landscaped podium garden, cycle-paths, and riverside walkways on their doorstep. The last few 1-bedroom apartments in the current phase are available to move into immediately, meaning purchasers can quickly start making the most of their new home at L&Q at Huntley Wharf.

An 11-minute walk from Reading train station, L&Q at Huntley Wharf is perfect for individuals keen to explore. Additionally, the cycle from development to both the station and the city centre takes less than 5 minutes. With direct journeys and the Elizabeth Line opening in November, residents can be in the capital in under 30 minutes. For those who would rather drive, an on-site Co-Wheels pay-as-you-go hire scheme will give residents quick and easy access to a car, without needing to worry about running costs or parking. For buyers who reserve a home in October 2022, reservations can be secured from just £99, and L&Q will be offering £2,000 towards car-hire.

Ideal for a relaxing Saturday afternoon, there are a plethora of independent bars, coffee shops, and eateries a short walk from the development, and a range of shops, from high-street favourites to boutiques. Also near the development is the Thames LIDO, a stunning refurbished Edwardian swimming bath with its own poolside Mediterranean restaurant.

Prices at L&Q at Huntley Wharf start from £71,875 for a 25% share of a one-bedroom Shared Ownership apartments (FMV: £287,500).