Following a fast-selling successful first phase, Barratt London and Places for London have launched Stephenson House, the first building in the second phase of their joint development Wembley Park Gardens. It is anticipated these homes will be in high demand as the first phase which saw the launch of Pullman House, was over 90% sold in just 10 months. Wembley Park Gardens is a new landmark development being built in the heart of Wembley Park, one of the biggest hotspots for first time buyers. In the first half of 2024, 77% of homes in the up-and-coming Northwest London location were purchased by first-time buyers highlighting its growing popularity.
Rising to 16 storeys, Stephenson House will comprise 111 one- and two-bedroom apartments, with prices starting from £399,000. Residents will benefit from an on-site concierge and landscaped, communal podium gardens running through the site. When complete, the wider development will bring a smart collection of 302 one- and two-bedroom apartments, helping first-time buyers among others get onto the property ladder. The first residents can expect to move into Stephenson House from spring 2028.
Housing association Metropolitan Thames Valley Housing will deliver a further 152 affordable homes (40 per cent affordable housing by habitable room) as a combination of intermediate housing, such as shared ownership, and London Affordable Rent.
Set across five buildings varying in height, residents across the Wembley Park Development will enjoy natural light in abundance and an open-plan layout, as well as private outdoor space to every home, providing the ideal space for respite from busy city life.
The development is being built on the site of a former TfL car park and is situated next door to Wembley Park Tube station, bringing central London within quick and easy reach for residents via the Jubilee and Metropolitan lines. Bond Street can be reached in 16 minutes, Kings Cross is around 21 minutes away and Liverpool Street can be reached in under half an hour. Meanwhile, trains from nearby Wembley Stadium station provide links to England’s countryside with direct connections to Oxford, Bicester Village and Gerrards Cross available.
Yolanda Jacob, Sales and Marketing Director for Barratt East London comments: “Hot on the heels of a successful first phase, we are excited to launch Stephenson House to the market. Wembley is an area we at Barratt London have a proven track record in, our previous sites at Wembley Park Gate and No. 10 Watkin Road sold quickly, particularly with first-time buyers. Wembley is a buzzing area, there is always something going on, whether it’s live theatre at The Troubadour, sport at the iconic stadium or enjoying the abundance of restaurants and shops in the area. Future residents will never be short of something to do.”
Rachel Wood, Senior Property Development Manager at Places for London said: “We’re excited to be launching the next phase of our second development, Wembley Park Gardens, with Barratt London. This exciting development builds on the success of our first development together, Blackhorse View, in east London, where residents are already enjoying their new homes.
“With Wembley Park station in such close proximity and the provision of residential cycle parking, those seeking a home and location that will enable them to travel more sustainably need look no further. With so many exciting things to do on the doorstep, new residents will be able to make the most of what both Wembley and London have to offer.”
Wembley is well known as an entertainment hub of the UK, with Wembley Stadium and Arena on the doorstep of the development. Undergoing huge regeneration, an investment of £2.5 billion into the area has seen Wembley become a cornerstone of culture, leisure and nightlife, where young professionals can enjoy a central London lifestyle at a fraction of the price.
