L&Q’s Reading Development, L&Q at Huntley Wharf, Offers Latest Alternative to Car Ownership via Car Club Co-Wheels

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According to new research in 2024, UK car owners spend over £3,500 to run their cars each year.* Perfect for those looking to leave the significant costs of car-ownership behind, car clubs offer a pay-as-you-go community car hire scheme, allowing members to only pay for the hire time and distance driven.

For house hunters in Reading, the vibrant new development L&Q at Huntley Wharf benefits from a hub from car share specialists Co-Wheels just 250 yards away. What’s more, L&Q will be offering up to £1,500 towards Co-Wheels car share services for customers who reserve a home at L&Q at Huntley Wharf in March.**

L&Q at Huntley Wharf is a brand-new development situated along the banks of the River Kennet, offering a modern collection of one-bedroom Shared Ownership apartments.

At the heart of the development is Riverside Square, which is already home to a MonkeyMoos nursery, and set to welcome a planned café, restaurant, Tesco Express and gym. Homes at L&Q at Huntley Wharf also benefit from excellent travel connections; Reading Central Station is a 10-minute walk away and services run into London Paddington in just 25 minutes.

With over 60% of homes at the development now sold, L&Q at Huntley Wharf offers the perfect opportunity for budding first-time buyers to step onto the property ladder in Reading at a well-connected and exciting new development.

Further supporting a car-free lifestyle, all apartments at L&Q at Huntley Wharf also benefit from secure cycle storage. However, for those who prefer to get around on four wheels, whilst still cutting the costs of car-ownership, a community car hire scheme offers both convenience and affordability.

Perks of car sharing via Co-Wheels at L&Q at Huntley Wharf include:

  1. For L&Q at Huntley Wharf residents, a Co-Wheels hub is located just 250 metres from site, allowing easy access to the freedom of driving without the mounting costs of a car’s upkeep. Cars are available 24/7 and there is no need to pick up keys. Instead, cars are accessed via smartcard, meaning that car hire via Co-Wheels is truly convenient and suited to a range of needs and situations.
  2. The average car spends 97% of its time parked, yet vehicle owners pay year-round for loan costs, garage bills, MOTs, tax, insurance, petrol and parking.*** Co-Wheels cover these substantial costs, meaning members can gain quick access to a car for a speedy trip to the shops or that all important business meeting.
  3. Opting to become part of a car sharing community also has its environmental benefits. According to CoMoUK, the national charity for shared transport, each car club vehicle replaces 20 private cars on the road – supporting a cut in carbon emissions from vehicle ownership.****
  4. For weekend adventures, residents could make use of a Co-Wheels car for exploring both Reading and further afield. Basildon Park, reachable in just 25 minutes by car from L&Q at Huntley Wharf, is a National Trust country house perfect for a long stroll. For longer drives, the Cotswolds are just over an hour away by car, perfect for a long weekend away.

Prices for homes currently available at L&Q at Huntley Wharf start from £66,375 for a 25% share of a one-bedroom Shared Ownership apartment (Full Market Value: £265,500).

For more information, please visit: https://lqhomes.com/huntleywharf/

 

* https://www.nimblefins.co.uk/cheap-car-insurance/average-cost-run-car-uk

**Terms and conditions apply. Available on selected plots only and subject to availability. You must reserve between 1st and 30th March 2024. You will receive your £1,500 credit within 72 days of completion. You must not be already signed up to Co Wheels before taking this offer. To be able to use Co Wheels you must be able fit their eligibility criteria, for more information go to www.co-wheels.org.uk/how-it-works/who-can-join. Please speak to a member of our Sales Team for more details. For full Terms and Conditions go to lqhomes.com/terms-and-conditions/. March 2024

*** https://www.co-wheels.org.uk/

**** https://www.como.org.uk/#benefits-of-shared-transport

 

 

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