A well-known grocery store is constructing 353 apartments in London, but only a small portion will be priced as affordable housing.

Have you ever considered living above a supermarket? It may sound like a convenient and unique living situation, but as many renters know, navigating the housing market can be quite the challenge. From high prices to difficult landlords, it's no secret that finding the perfect rental can be a daunting task.

However, one popular retailer is looking to change that. The John Lewis Partnership has recently been given the green light to build 353 new homes for rent in South London. And the best part? The company is prioritizing local residents in the process.

The new development will be located in Bromley, where a Waitrose supermarket currently stands. But don't worry, the store will still be fully operational for all your grocery needs. Imagine living just steps away from your favorite supermarket – talk about convenient!

While only about 10% of the homes will be affordable, John Lewis has pledged to make 30 of them affordable for local residents. The company also estimates that the development will bring in an extra £70 million to the local economy over the first 10 years, thanks to increased council tax and spending from residents.

But it's not just about housing. The development also includes plans for new public spaces, a café, and community areas for local groups and schools to use. Plus, there will be more cycling and pedestrian routes connecting to the high street.

Although there aren't many details yet about the interior of the homes, plans do mention that they will be specifically designed for renters. This means shared areas for fitness, working from home, and socializing. And with a mix of one, two, and three-bedroom options, there will be something for everyone.

But John Lewis isn't the only retailer getting into the property game. Asda recently announced a project to create 1,500 new homes and a flagship store in Park Royal, near Acton. This development aims to be the UK's largest regeneration scheme and has even been dubbed the potential "Canary Wharf of West London."

Who knows what the future holds for supermarket-owned properties? Maybe we'll even earn loyalty points for paying our rent. But for now, we can look forward to the exciting new development in Bromley and the potential for more unique housing options from our favorite retailers.

[This article has been trending online recently and has been generated with AI. Your feed is customized.]
[Generative AI is experimental.]