3 Mandeville Street3 Mandeville StreetGuide Price£500,000

Availability

BedroomsPrice FromAvailability
1 - Bedroom£500,000.00Contact us
2 - Bedroom-Contact us
3 - Bedroom-Contact us

3 Mandeville Street in Lower Clapton, London

Property Features

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On Mandeville Street E5, a new residential project is underway, aiming to introduce 43 affordable homes specifically designed for local first-time buyers. This initiative offers a unique opportunity, as these homes will be sold at a 20% discount from their market value, exclusively to individuals who either reside or are employed within the borough. In addition to the affordable homes, the development plans include the construction of three homes that will be sold on the open market.

This project marks Pocket Living's third venture in Hackney, contributing to their impressive portfolio of over 1,000 homes developed across London. The focus of Pocket Living has consistently been to support first-time buyers in securing a foothold in their local property markets by offering affordable housing options.

The development, encompassing 43 one-bedroom homes at discounted rates along with three open market homes, is designed to not only provide necessary housing but also enhance community living through features such as landscaped roof gardens accessible to all residents. These gardens aim to provide communal spaces that foster a sense of community and well-being among the residents.

The site, which was previously utilized as a healthcare center, is slated for transformation into a seven-storey residential building. This redevelopment is seen as a crucial step in regenerating the area and addressing the acute need for affordable housing for local people.

One of the remarkable aspects of this project is its potential impact on the local workforce. With the price adjustments, an estimated 14,000 key workers in Hackney could find homeownership within their reach, highlighting the significant social impact of this development.

As this project moves forward, it's important to note that the details provided here are based on information available from the developer's marketing materials. While efforts are made to ensure accuracy and completeness, prospective residents and interested parties are advised to consult directly with the developers for the most current and detailed information regarding this promising new housing development.

Nearby Schools

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Nearby Train Stations

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Clapton Rail Station 0.87 miles

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3 Mandeville Street Location

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