Telford Homes launches Help to Buy at Bermondsey Works

On March 9th, Telford Homes will launch a collection of apartments eligible for Help to Buy at Bermondsey Works, its development of 148 homes in the heart of Bermondsey, SE16. Through the London Help to Buy scheme, prospective buyers will be able to purchase a home with as little as a 5% deposit, with the help of an interest free loan from the government of up to 40% of the purchase price.

With prices starting from £517,500 for a two-bedroom apartment, buyers need only save up for a 5% deposit of £25,875.

Located at the centre of an area undergoing significant regeneration, Bermondsey Works comprises a range of two and three-bedroom apartments, villas, and penthouses, arranged across a striking 18-storey tower and contemporary lower rise 6-storey building, all located above a Primary School and Sixth Form Academy. The lower rise element will include 64 individually designed spacious villas with fantastic dual aspect views across the capital.

Each of the apartments has been tailored to a high standard specification using only the finest fixtures and fittings. Open-plan living areas include designer kitchens from Urban Myth with fully integrated appliances and zoned dining and entertaining areas. All the apartments have video entry phone systems as well as underfloor heating in all rooms and the development benefits from a combined heat and power system and solar photovoltaic panels.

Residents at Bermondsey Works will have access to arguably one of the longest roof gardens in London, which stretches the entire length of the lower rise 6-storey building. At approximately 130m in length, the innovatively landscaped roof garden includes areas of paving, decking and grass with a host of benches and in-built sun loungers from which residents can enjoy the view.

David Campbell, Group Sales and Marketing Director, Telford Homes: “Bermondsey Works is an excellent option for first-time buyers, particularly with the introduction of Help to Buy which eases the burden of saving for such a large deposit. Bermondsey boasts an array of independent shops and cafes as well as great transport links to other parts of London, particularly the City and Canary Wharf for commuters. On top of this it is an area undergoing huge regeneration and is therefore going to become and even more desirable location in years to come.”

Located on Rotherhithe New Road, the development is just an 8 minute and 18 minute walk from South Bermondsey train station and Bermondsey underground station respectively, offering swift and easy access to The City, Canary Wharf and the West End. The Bermondsey area is also set to benefit from improved transport links with the announcement that a new London Overground station will be opening as part of the £1billion ‘New Bermondsey’ regeneration project.

Bermondsey is undergoing significant regeneration and is emerging as the capital’s ‘coolest quarter’ as highlighted by Vogue magazine. The neighbourhood’s industrial heritage has attracted a number of high profile creative companies to relocate to the area, including the opening of the White Cube’s largest gallery on Bermondsey Street. Bermondsey is now home to an array of independent shops, restaurants, bars, coffee shops and galleries which have helped it earn its status as one of the trendiest neighbourhoods in which to live and work. In addition, the planned regeneration of the ‘New Bermondsey’ area will mean that the area benefits from improved transport links; world class sports facilities, along with the creation of 2,400 new jobs and 2,000 new homes.

Designed by award-winning architects Stockwool, Bermondsey Works aims to deliver the best in contemporary city living and includes a 24-hour concierge service, private gymnasium, underground parking, bicycle storage and two roof gardens for residents to enjoy.

Help to Buy prices start from £517,500 with first completions expected from Summer 2017.

For more information contact Telford Homes on 020 3538 3457 or visit http://telfordhomes.london/bermondsey-works

Telford Homes launches Help to Buy at Bermondsey Works

Contact Details

For all media enquiries please contact the relevant advisors as below:

Public Relation advisors: Development specific PR enquiries

Contact: Rupa Tailor
Call: +44 (0) 20 7932 3600
Email: telfordhomes@goodrelations.co.uk

Buchanan: Finance and Investor PR enquiries

Contact: Henry Harrison-Topham
Call: +44 (0) 20 7466 5167
Email: telfordhomes@buchanan.uk.com