A new project was announced in March that will create 86 new homes next to Woodside Park in N12. This is an interesting development and has a lot going for it. As one of the top experts at property management in Barnet, we want to take a closer look.

Developers

The project is by Pocket Living and TTL Properties Ltd. The first is a specialist that focuses on creating high quality affordable homes. Generally they target first-time buyers (FTBs), offering a 20% discount on market rates.

TTLP is the commercial property arm of Transport for London (TfL). They are in the process of freeing up more land across the capital to create new housing. As a result, many sites near stations could become available. That is the case here, and will redevelop an underused Brownfield plot.

The new homes

This development will create two new four storey buildings. There will be 86 one bedroom apartments in total. They will have high quality designs to maximise the space. Most importantly, they will be energy efficient so they will be good on the wallet too.

As we said above, FTBs are the target here. Prospective buyers must live or work in Barnet. They also can’t own property. Plus, they must meet financial criteria to be eligible. So, they can’t earn more than £90,000 a year.

The homes launched on 25th March 2023, with prices from £307,600. This is a 20% discount on the price of a one bed apartment in the area. As a result, there could be a lot of interest. Buyers will also be 100% owners of their home.

Other amenities

The new buildings will offer a number of spaces for residents to share. This includes two roof terraces with landscaping, seating, planters, and pergolas. There will also be an area on each terrace for exercising and wellness. It will include space for yoga.

Living so close to Woodside Park is also excellent. Pocket Living has been targeting locations like this because transport links are very important to prospective buyers. Here it means people can get on the Northern Line and commute to the city centre and on to South London. This is great for work and leisure.

Ask us about property management in Barnet

At Finefair Ltd, we love seeing new developments like this that create quality homes for locals. They are necessary to meet demand and ensure the city is still a great place to live.

We play a role here in helping landlords to manage their assets. What we can do is arrange a full collection of useful services. They can take care of managing properties, maintenance, and more. In addition, we can arrange things like guaranteed rent. By working with the local council, you can protect your income and free yourself from any concerns about finding tenants.

So, if you want any help with property management in Barnet and more, speak to us. We can give you impressive savings and peace of mind.