Network Homes to deliver 100 affordable homes in Burnt Oak, Edgware
03 March 2021
Network Homes has exchanged contracts to build 100 affordable homes and regenerate a vacant site in Burnt Oak, Edgware.
These new homes on Burnt Oak Broadway, will be a mixture of one, two and three bedroom apartments. Seventy-five apartments will be for Shared Ownership, which helps residents buy a home with a lower deposit, 19 for London Affordable Rent, and six for London Living Rent, which is a scheme that supports residents in saving for a deposit to buy their own home.
The current site is a former supermarket, and the development will include new commercial space which will support new jobs and local businesses. Working with contractors ARJ it’s expected that the homes will be welcoming new residents in 2023.
This is a fantastic development which will transform a derelict site into much needed affordable homes both for rent and for shared ownership, offering people their first step on the housing ladder. The new commercial units will also create employment opportunities and support economic growth as we recover from the pandemic.David Gooch, Network Homes Executive Director for Development