Brand new apartments, which are set to transform a tired and dated high-rise estate in the London Borough of Bexley, are selling fast with eight apartments reserved in the first weekend, according to developers.
Park East’, which launched on 21 August, is the latest joint project by Orbit and Wates Residential, part of leading privately-owned construction, property services and development company, Wates Group. It is being developed by the same team responsible for the success of neighbouring Erith Park on the former Larner Road estate in Erith. Both schemes have taken tower block estates and transformed them into attractive new communities with modern, high specification homes set in attractive landscaping.FIND OUT MORE ABOUT WATES RESIDENTIAL
Paul Richards, Group Director of Customers and Communities from Orbit, commented:
Between Erith Park and Park East we’re delivering over 900 new homes but our regeneration commitment is much wider. Not only are we creating an attractive and thriving environment, we’re providing work experience, apprenticeships and supporting a range of community projects and local businesses, which will continue to benefit the whole community. Early sales suggest that there is a lot of demand from people to join this community so we would urge interested people to contact us now.”
When complete, Park East will include a total of 320 apartments for sale, shared ownership and rent. All the homes have a large balcony or terrace and the use of attractive communal gardens. For families there are the added attractions of the Active Horizons community centre, Jacqueline Gems Childcare nursery and the play and ecology areas of Erith Park.
Helen Bunch, Executive Managing Director, Wates Residential, said:
Everyone deserves a great place to live, and Wates Residential has created these contemporary new homes at Park East in Erith with modern day living in mind. Larger than average living spaces are designed to adapt for work-life balance, and natural day light is maximised with full length windows, private balconies and terraces for each home.
The apartments, with a high specification, are set around a series of landscaped gardens, with open green space and play areas for everyone to enjoy. There is also easy access to local shops, transport links, parks, schools and riverside walks by The Thames we want people to love living at Park East and be proud to call it home.”
Prices start at £257,500 for one bedroom apartments and £297,000 for two bedrooms. 77 homes are Shared Ownership properties which will be available to purchase via Orbit Homes, whilst a further 64 private sale properties are available to purchase through Wates.
Due to ongoing Covid-19 protection measures, please make an appointment to visit the sales centre.
For anyone local not quite ready to buy, there are also London Living Rent apartments available, where people can rent whilst saving for a deposit. Register your interest here
Other rented homes will be let to local households nominated by Bexley Council through Bexley HomeChoice.