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Young renters leave London for a cheaper alternative

With average property prices in Berkshire almost £100,000 lower than in London, it is no wonder that the numbers of young London renters leaving the capital to buy their first home are higher than ever before, with first-time buyers currently making up 28% of London leavers. For these young professionals, stylish apartments in large towns – which offer a thriving social scene and easy transport links to the capital – are in high demand.

Catering to this demand is L&Q at Huntley Wharf, where a collection of one-bedroom riverside homes is available exclusively through Shared Ownership, with deposits starting from only £4,000. Set in the buzzing town of Reading, the homes offer buyers a lively and vibrant lifestyle which could rival the capital – with the local area home to a range of nightclubs, cocktail bars, restaurants, live music and stand-up comedy venues and theatres. Perfect for those still commuting into London or simply meeting friends, train journeys from Reading Station take just 25 minutes – and from 6^th November 2022, the Elizabeth Line will run directly from Reading to Bond Street, Tottenham Court Road and right through to Abbey Wood.

Claire Brenlund, Sales and Marketing Director at L&Q, comments, “Perfectly located in bustling Reading, our one-bedroom homes at L&Q at Huntley Wharf are ideal for first-time buyers. As well as benefitting from numerous on-site amenities, including a planned brand-new restaurant, gym, and supermarket, the development is just a few minutes from the town centre for easy access to the huge array of restaurants, bars, and nightclubs that make Reading so exciting. Our one-bedroom Shared Ownership apartments are perfect for singles or couples who might be on a lower budget but are still looking for a contemporary home in an active town with plenty going on.”

At L&Q at Huntley Wharf, homes are designed with young professionals in mind, finished with a contemporary, neutral colour palette that buyers can personalise to their own taste. The stylish kitchens come complete with integrated appliances, soft close doors and drawers, while the white sanitaryware in the bathroom continues the modern look. The spacious open-plan set-up lets buyers set up their own home office or work-out space, encouraging productivity without leaving the apartment. For all-important fresh air, residents can enjoy access to the beautifully landscaped podium garden, cycle paths, and riverside walkways on their doorstep.

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