Pocket Living, a leading innovative housing developer, has announced the launch of its latest development exclusively for first-time buyers in Woodside Park N12, Barnet, London. The development, built on former underutilised brownfield land, is a result of a collaboration with TfL, which aims to build thousands of high-quality homes on its land across the capital. TTL Properties Ltd, Transport for London’s wholly-owned commercial property company, plans to deliver 20,000 homes over the next ten years, with 1,700 homes already built and a further 2,400 scheduled for completion this year.
The development, situated near the railway line, required meticulous planning, design, and logistics to ensure minimal disruption to the Northern line. The development comprises 86 one-bedroom apartments designed by award-winning architects HTA Design, spread across two separate buildings, each rising to four storeys. The properties are available exclusively to first-time buyers living or working in the London Borough of Barnet, and buyers will own 100% of their property. The one-bedroom apartments start from £307,600, which is 20% less than comparable new-build one-bedroom homes in the area.
The shared spaces at Woodside Park N12 include two landscaped roof terraces with bench seats, raised planting areas, pergolas, and an area dedicated to exercise and wellness, with space for yoga classes. At ground level, residents can access a communal courtyard that has been designed to provide space to meet and relax. Shared allotment beds have also been established, providing residents with an opportunity to grow their own fruit and veggies and sit within a garden beautifully planted with shrubs, perennials, grasses, ferns, and ornamental trees.
To purchase a Pocket home, the prospective buyer must not already own another property and must live or work in the borough of the respective development. Additionally, all buyers must earn under the Mayor of London’s income threshold for affordable housing. When the homes are sold on, new purchasers must meet the original criteria and have a household income below the Mayor of London’s affordable housing threshold.
Pocket Living’s Woodside Park N12 development is a prime example of its commitment to providing affordable and innovative housing solutions to first-time buyers in London.