A ground-breaking new development forming the start of East London’s most important new neighbourhood, Parklands is L&Q’s first phase of homes for sale at Barking Riverside. Helping to solve the housing crisis by offering 115 Shared Ownership and 112 Help-to-Buy apartments and houses, 100% of the homes at Parklands are accessible to first time buyers.
A joint venture between L&Q and The Mayor of London, with a masterplan by Lifschutz Davidson Sandilands, the development will ultimately deliver 10,800 new homes over 15 years – with a minimum target of 50% of these set to be affordable. The scheme will also provide 65,000 sqm of commercial floor space, alongside a new London Overground Station due to open in 2021.
L&Q’s Parklands is a collection of 227 homes, including one, two- and three- bedroom apartments, two- and three- bedroom duplexes and three- and four- bedroom townhouses.
Designed to the highest quality, Parklands homes feature a variety of contemporary finishes and private outdoor spaces. Crucially, prices are within reach of local first-time buyers. Through Shared Ownership, buyers can purchase an apartment with a deposit of just £6,125, whilst private sale townhouses are £300,000 less than the London townhouse average.
Barking Riverside benefits from state-of-the-art planning and innovative features never before seen in London. Seven schools, integrated health services, a dedicated ecology centre, and Europe’s largest automated waste system, all demonstrate Barking Riverside’s commitment to building a development for the future. Already home to a thriving community, residents can enjoy a busy series of dedicated events too.
Parklands is L&Q’s fastest selling scheme to date, showing the demand for high quality, affordable homes to help solve the UK housing crisis.