West London’s ‘regeneration hotspot’ will see an increase in affordable housing with the release of Abri Homes’ shared ownership apartments in Horlicks Quarter. The development will consist of 75 one and two-bedroom apartments, situated just half a mile from Slough train station and the Elizabeth Line which provides transport into London in under 20 minutes. Horlicks Quarter offers residents access to a range of on-site amenities including a concierge service, cinema room, gym, rooftop garden, and co-working space. Abri’s launch of shared ownership apartments at Horlicks Quarter provides a high quality living solution for those aspiring to own a home that also offers benefits to businesses in the area.
Horlicks Quarter is ideally situated for buyers wanting to live closer to West London, but looking for more property for their deposits. The apartments will be available through shared ownership with a minimum purchase share of 10%, and only a five per cent deposit required. This approach makes homeownership a real possibility for those affected by the current challenges in mortgage rates on first time buyers, especially people looking to get on the housing ladder in London and the South East where rents have been increasing. Commuter hotspots such as Slough are witnessing huge growth due to shared ownership making it easier for aspiring homeowners to achieve their dreams.
Abri’s shared ownership at Horlicks Quarter provides high-quality apartments and amenities, and offers a clear pathway to progress into the housing market. Over time, buyers can gradually step up to full ownership, meaning that they are investing in their own future, as opposed to their landlords. With travel links to the north and south, and Windsor Castle and Great Park nearby, Slough offers a “brilliant work/life balance”. The contemporary living in a “historic landmark location” with the 75 apartments being offered by Abri are located at the heart of Horlicks Quarter close to the old Horlicks Factory clock-tower and landscaped gardens.
Stuart Hensby, Sales & Marketing Director at Abri stated: “Those looking to get on the housing ladder in London and the South East have been affected the most, especially at a time when rents are also increasing. This is where shared ownership has stepped in and helped make homeownership a real possibility for aspirational homeowners. Consequently, commuter hotspots including Slough are witnessing huge growth, especially as people are returning to the office and travelling more for work.”
Abri’s shared ownership of high specification one or two-bedroom apartments at Aquifer House in Horlicks Quarter will be launched in January of the new year with an estimated build completion from late Autumn 2024. The added benefit Abri brings to the locality is the high-quality apartments and amenities which are needed in this area.