Affordable Chelsea Creek

Chelsea Creek developer St George and LB Hammersmith & Fulham have produced an affordable housing scheme for the Doulton House development.

A number of flats in the development are being offered to first time buyers at discounted market rates who live or work in the borough and whose household earns less than £60,000 a year.

Under the schee, studio flats and one-bedroom apartments are on sale for approximately 70% of their market value to first time buyers, with prices around £180,000. LB Hammersmith & Fulham will own the 30% of the flat that the buyer doesn’t pay for, and will hold it on trust, a condition which will survive subsequent sales.

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