April 15, 2024

Homes Selling Fast at Leaside Lock: East London’s Major New Neighbourhood


Following a remarkably successful launch last month, there are just fifteen homes remaining in the first release of Phase One* at Leaside Lock in Bromley-by-Bow. A collection of one and two-bedroom apartments, all properties are available to buy through Shared Ownership and London Help to Buy, providing first-time buyers a valuable opportunity to put down roots in an up-and-coming neighbourhood in the heart of East London.

A major placemaking project by Guinness Homes, Leaside Lock will ultimately deliver 965 homes. The mixed-tenure development will wrap around a central piazza, designed to cultivate a sense of community amongst residents. Offering a holistic lifestyle, there will be a broad range of new facilities on-site – including a health and fitness studio, a gym, a convenience store and co-working space.

Phase One of the development comprises five striking buildings, creating a dramatic new gateway to the East End. Three red brick buildings reflect the area’s industrial heritage, while two pale green pre-cast concrete towers reflect the mossy tones of the River Lea tideline.

The apartments are finished to a high specification throughout. Contemporary kitchens are complete with integrated Bosch appliances, while bathrooms and en suites are finished with sleek sanitaryware. Underfloor electric heating is fitted in all apartments, and all residents will have access to a podium garden. A number of blocks will have roof terraces, offering panoramic views across The City.

Ideal for commuters, Leaside Lock is a three-minute walk** from Bromley-by-Bow Zone 2 Underground Station, connecting to central London and out towards Stratford on the District Line and Hammersmith and City Line. Devons Road DLR Station is also just a few minutes’ walk from the development, connecting to Canary Wharf in seven minutes.

Nearby road links offer direct journeys to London City Airport and out of the capital, while several local shopping and cultural destinations can be reached on foot or bicycle along the river towpath.

Private sale prices start at from £299,950 for a studio and £560,000 for a two-bedroom apartment.

Shared Ownership prices start from £85,625 for a 25% share of a one-bedroom apartment (full market value £342,500) and £115,000 for a 25% share of a two-bedroom apartment (full market value £460,000).

Shared Ownership terms and conditions apply. London Help to Buy: Equity Loan is available subject to eligibility, terms, and conditions.

Visit leasidelock.com to register interest.

*Out of 45 homes in the first release.
**Distances taken from google.co.uk/maps.

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