April 18, 2024

A New East London Hub for Young Professionals at Leaside Lock

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With the average cost of renting an apartment in London now at £1,650pcm, many workers in the capital are having to fork out almost half of their earnings on housing. For young professionals wanting to be close to central London, homes come with an even higher price premium – with rent for one-bedroom apartments in Tower Hamlets, Hackney and the City of London commanding £2,280pcm, £2,130pcm and £2,760pcm respectively. *

Providing first time buyers the opportunity to purchase a chic Zone 2 apartment at a more affordable level, Guinness Homes are currently marketing a number of newly-launched one-bedroom Shared Ownership apartments at Leaside Lock, following a sell-out first phase. Within easy reach of central London, Canary Wharf and Stratford, the homes offer young professionals the opportunity to reduce their monthly costs, paying less on rent and commuting costs, and simultaneously take their first step onto the property ladder.

Set on the banks of the River Lea, Leaside Lock in Bromley-By-Bow is a major placemaking project from Guinness Homes, ultimately delivering 965 studios, one, two and three-bedroom homes – with a mix of Shared Ownership, Help-to-Buy and outright sale homes available. The development will wrap around a thriving central piazza, designed to cultivate a sense of community amongst residents. An exciting new hub for young professionals and city workers, there will be a broad range of trendy new facilities on-site – including a café, a health and fitness studio, a gym, a convenience store and co-working space.

Apartments at Leaside Lock 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 London from all angles.

Residents also benefit from superb transport connections across the capital with Bromley-by-Bow Zone 2 Underground Station just a three-minute walk away, connecting to central London and out towards Stratford on the District Line and Hammersmith and City Line.**

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.

Prices start from £85,625 for a 25% share of a one-bedroom apartment (full market value £342,500) and £121,250 for a 25% share of a two-bedroom apartment (full market value £485,000).

Shared Ownership terms and conditions apply.

Call the sales team on 0208 131 7495 or visit leasidelock.com to register interest.

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