Product category:
Housing, Regeneration and Developments
News Release from: LHA-ASRA Group | Subject: Affordable housing
Edited by the Buildingtalk Editorial
Team on 29 September 2006
LHA-ASRA Group and affordable housing in
Woolwich
Site of a former public house in Woolwich, London has made way for a number of stunning new affordable apartments for local people.
The site of a former public house in Woolwich, SE18 has made way for a number of stunning new affordable apartments for local people The Walpole pub on the corner of Brookhill Road and Sandy Hill Road had stood empty for several months before the site was acquired by ASRA Greater London Housing Association last year
This article was originally published on Buildingtalk on 2 Aug 2006 at 8.00am (UK)
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From showroom to show home
Disused car showroom in Leyton, east London, acquired by ASRA Greater London Housing Association in May last year, has made way for a development of new affordable homes for local people.
Split in two - New Walpole House and Fountain House - Fountain Close offers 10 one and two bedroom apartments for sale on as part-buy part-rent basis.
Prices start from £60,000 for a 40% share of a one-bedroom apartment.
The scheme has been funded by ASRA and the Housing Corporation, supported by the London Borough of Greenwich.
LHA-ASRA group development director, Mukhtar Latif said: "Affordable housing is in increasingly short supply in Woolwich".
"This development has brought a redundant site back into use and put home ownership within reach of local people who would otherwise be priced out of the market".
"Woolwich is buzzing with regeneration and good quality affordable housing has a key part to play".
Woolwich offers a wide range of facilities for nightlife, keeping fit and shopping, as well as good transport links which will include the new Docklands Light Railway extension in Woolwich Arsenal due for completion in 2009".
""Fountain Close is within easy reach of notable attractions: the Firepower museum, Greenwich Heritage Centre, The Cutty Sark and The national Maritime Museum".
"There are also parks to enjoy, thriving markets and numerous places to eat and drink," added Mukhtar Latif.
The shared ownership homes offer a fitted kitchen with appliances, fitted carpets, smoke detectors, gas central heating, double glazed windows and optional parking bay.
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