A new 100% affordable scheme for Snaresbrook

We have been working in the real estate business for many years. This has given us the opportunity to work with a lengthy list of clients, all with diverse needs. As a result, we’ve worked our way up to becoming the top company for property management Redbridge has. Our team has the experience to meet your specifications without much hassle.

Pocket Living’s new proprosals

Property management RedbridgeIn recent news, Pocket Living’s proposals for a 100% affordable scheme in Snaresbrook have gained approval. The company is an innovative housing developer. They propose to supply 74 homes. They will be on land adjacent to Snaresbrook Station. Their plans have been given the go-ahead by Redbridge Planning Committee.

This 100% affordable scheme has accumulated over 120 letters of support prior to committee. It will offer new homes that will become available to first-time buyers that work or live in Redbridge. They will receive a 20% discount compared to the local market. The proposals are going to price an approximate 17,000 Redbridge households into property ownership.

Another fact is that the project will supply a mews space and pathway for the local community. It will be on the land that is adjacent to Snaresbrook station.

Effectively, this is a car-free scheme for inhabitants. The only exception would be the Blue-Badge parking. Moreover, it is encompassing land that is presently being utilised as a car park to supply a 100% affordable scheme. Please come to us if you need the best services for property management Redbridge has.

The finished product

Once finished, the project is going to be the second development Pocket Living has provided for Redbridge. Back in 2021, Pocket completed its 100% affordable scheme at Gardner Close, Wanstead. Each of the 20 houses were sold to the locals. Around 40% of them were third-sector or key workers. Over 400 local individuals had an interest in purchasing a property. As a result, there were 20 purchasers for every single Pocket home.

The scheme is part of the wider efforts to provide more affordable housing by TTL Properties Ltd. This is Transport for London’s commercial property establishment. It represents Pocket Living’s second success while partnering with them. During the end of 2021, they got planning for 86 properties at Woodside Park in Barnet. This was on former TfL land. Now, the homes are preparing to launch to the market.

Current expectations are that the homes at Snaresbrook will be complete by 2026. They will supply 15% of the council’s yearly affordable housing targets.

What is Snaresbrook like?

Now that we’ve had a look at the plans, let’s finish by briefly discussing the area itself. With regards to schools, it does not have the largest number. But, they make up for the lack of quantity with sheer quality. According to Ofsted reports, there are both ‘Good’ and ‘Outstanding’ options on offer.

Then there is the food scene. You’ll find plenty of cafes and restaurants here. Over the last few years in particular, the standard of these business has gone up considerably. Newcomers have made their presence known. Old favourites have made upgrades to remain relevant. Many cuisines are available here so your tastebuds will be very happy.

As for bars and pubs, there aren’t many in Snaresbrook. Those that are there though are of a considerably high standard. Quiz nights, live music, and craft making events are all available for your enjoyment. This is alongside the regular sporting events that regularly draw in crowds.

Lastly, we will cover the shops. Shopping in Snaresbrook is excellent. Furthermore, it is unlike many of the other primary drags in London. You can locate big name chains. However, it is the independents that actually offer the area that special something. No feeling of homogenisation exists here. New retailers also appear regularly to keep everything fresh.

Work with us for property management in Redbridge

At Finefair Ltd, we provide expert services that benefit investors and councils in London. Our preference is for an innovative, fresh, and proactive approach. This allows us to identify what works for every client and makes our services more efficient.

So, if you need the leading services for property management Redbridge has, contact us. We can discuss options with you then recommend a solution to suit your needs.