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We obtained planning permission for the construction of a landmark modern development in this residential enclave in Willesden Junction, Ealing. We acquired the former industrial site unconditionally. The development will feature 38 dual & triple aspect apartments, including the provision of 35% genuinely affordable housing, with far reaching views across London and a large ground floor community space.
Located only a stones throw from the new Old Oak Common major interchange (HS2 x Crossrail x Great Western) and the existing Willesden Junction Station, the development is one of the first to come forward in London’s largest regeneration area, The Old Oak and Park Royal Development Corporation Area. The site is currently under construction.
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Developer Yellow Brick Estates have launched Kensal View, a new residential development in the heart of the Kensal Rise regeneration zone.
The scheme offers 38 one, two and three-bedroom apartments, all of which are available through the Government’s Help to Buy scheme. Prices at Kensal View start from £475,000 for a one-bedroom apartment.
According to Rightmove, property prices within Kensal Rise have risen by 10% in the last year and are up 14% from 2020. The average house prices in the area exceed £1,000,000 however, average apartment prices in the area are now at £665,667.
Kensal View is in the heart of the Old Oak and Park Royal Development Corporation Area (OPDC), meaning the areas surrounding the development are set to see mass development and improved infrastructure. Kensal Rise is set to be one of London’s most well-connected areas via the world-class transport interchange at Old Oak Common, which is a ten-minute walk from the development. The station will accommodate 250,000 passengers a day and offer access to the West End in under 10 minutes on the Elizabeth Line upon its completion in 2026.
Alongside this, the regeneration of the area is set to entice new retail, leisure and food and beverage businesses. Once completed, house prices in the area are predicted to increase rapidly.
To coincide with the launch of Kensal View, Yellow Brick Estates have also revealed the development’s show apartment which has been interior designed by RMF Studios. The beautifully designed two-bedroom apartment showcases life at Kensal View by enabling potential customers an insight into life at the development. RMF Studios have created a bright and spacious living space with bold colours and clever use of both bedrooms and the open-plan reception room and kitchen.
Tobias Chang Pico, CEO of Yellow Brick Estates commented: “Kensal View is providing an incredible opportunity for purchasers looking to live one of London’s most sought-after ‘up and coming’ areas. With prices at the development starting from just £475,000, buyers will be able to own a brand-new apartment in the heart of the exciting regeneration zone. The newly launched show apartment is now open, and we encourage those interested to make an appointment to come tour the development. This is truly a landmark project in the area and with the deadline on Help to Buy, we anticipate a lot of interest from younger buyers.”
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