450 Homes in BBC Television Centre Go On Sale in September

Priced from half a million to £7 million for one of six penthouses

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The first 450 homes being created inside the former BBC Television centre are set to go up for sale in September - with prices ranging from around £500,000 for one bedroom to £7 million - by far the highest priced flats ever sold in Shepherd's Bush.

Alistair Shaw, managing director of Stanhope’s BBC Television Centre redevelopment, told business newspaper City A.M. that the homes will be marketed directly from the site to UK-based owner-occupiers rather than “buy to leave” foreign investors.

“We think there is enough demand from Londoners attracted by the authenticity of being in a historic building,” he said.

And though though the official launch is not until the Spring of next year, thousands of prospective buyers who have already registered their interest will be given the chance to buy flats ahead of time at a preview launch in the Autumn.

Anyone interested in buying a flat in White City's most iconic building can register their interest on the Television Centre website.

City A.M. reports that prices i the development will range from £1,000 to £1,300 per square feet, which means that one bedroom flats will start from just under £500,000.

There will also be six penthouses at the top of the building, which could fetch as much as £7million.

There will also be 142 affordable homes that Mr Shaw says will sell for 20 per cent of their value.

The 53-year-old Television Centre was sold in 2012 to developer Stanhope and its Japanese and Canadian backers, Mitsui Fudosan and Alberta Investment Management Corporation, for £200m on a 999-year lease.

The trio plan to convert the landmark 14-acre site into a £1.5bn mixed-use scheme with 350,000 square feet of offices, a hotel run by Nick Jones' Soho House group, restaurants and a total of 950 new homes including 142 affordable flats.

August 3, 2015