‘Flagship’ Barking Riverside development announces addition of new LLR homes

L&Q is launching 69 one, two and three-bedroom London Living Rent (LLR) homes at Barking Riverside, a ‘transformational’ neighbourhood on the banks of the River Thames.

With London rents predicted to rise more than twice as fast as house prices until the end of 2026, L&Q’s LLR apartments meet an acute demand for ‘accessibly priced homes’. This latest release is aimed at tenants in the capital hoping to soon take their first step onto the property ladder.

Funded by the Mayor of London, LLR is a Government-backed scheme which enables tenants to rent a home at a reduced rate. Discount rents help renters save additional money each month, which can go towards buying a home, either through Shared Ownership or outright.

Barking Riverside is a ‘landmark’ neighbourhood bringing more than 10,000 new homes to East London along with award-winning community facilities, transport links and green spaces.

Increasing connectivity and providing quick routes for commuters, Barking Riverside welcomed two new transport connections last year, a London Overground Station and an Uber Boat by Thames Clippers Pier.

Andrea Palmer, Head of LLR at L&Q commented: “The development already offers Shared Ownership, private sale and private rental homes, which have been incredibly popular with people looking for an exciting neighbourhood which is experiencing vast investment and growth.

“By launching a mixture of one, two and three-bedroom apartments this autumn, we are able to cater to a wide variety of tenants and offer that first stepping-stone to home ownership in the capital at this flagship scheme.”

All homes at Barking Riverside will be finished to a contemporary specification with a typical apartment benefiting from a modern open-plan living space, and spacious bedrooms. Contemporary kitchens are complete with integrated appliances which make for a ‘stylish and practical entertaining zone’.

The bedrooms feature large windows, which flood the rooms with natural light whilst bathrooms are fitted with modern white sanitaryware and chrome fixtures. Each home has a private balcony or terrace.

Just a short walk from L&Q’s new homes is The Wilds, a new ecology, community and events space home to community-run café, GROUNDED, as well as hot desking spaces, “perfect for young professionals seeking an alternative to working from home”.

By Matthew Neville – Senior Correspondent, Bdaily

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