Following the Bank of England’s recent interest rate cut – the first in four years – the UK property market is experiencing growth in activity.* For those currently looking for a new-build home in a well-served and well-connected district of London, a limited number of one-bedroom Shared Ownership apartments are available now with L&Q at Brunel Street Works, Canning Town.
The remaining apartments can be purchased from as little as a 25% share, with deposits starting from 5%. Offering welcome affordability for those seeking an East London home, average monthly costs begin from £1,380. Every one of L&Q’s apartments at Brunel Street Works benefits from an open-plan living area, a host of modern finishes in every room, including underfloor heating, and a private balcony. Residents also have access to a communal podium garden which provides a shared space for outdoor living in the capital.
“L&Q at Brunel Street Works has plenty to offer”, comments Claire Brenlund, Sales and Marketing Director for L&Q. “With private balconies, modern kitchens with integrated appliances, underfloor heating and a 24-hour concierge service, it’s no surprise these homes have proven popular amongst a range of buyers.”
“We’re expecting to see a high level of demand for the final remaining one-bedroom homes – offering excellent transport links to key business districts in an area undergoing a huge level of regeneration, these apartments are both desirable and affordable.”
L&Q at Brunel Street Works is set within an area undergoing a £3.7 billion regeneration, which is bringing new homes as well as public spaces including, restaurants, cafés, shops and creative workspaces to Canning Town.** It is already an established commuter hotspot which benefits from some of most efficient transport links in London. Less than a five-minute walk from Brunel Street Works, Canning Town station itself is served by DLR and the Jubilee line, whilst nearby Custom House is on the Elizabeth line for rapid connections to Central London, the West End, and Heathrow. For adventures further afield, London City Airport is conveniently located only a six-minute journey away via the DLR.
L&Q at Brunel Street Works is perfectly positioned close to a range of cultural destinations, entertainment venues and amenities. Residents are just a short walk from the lively Royal Docks, The O2, ExCeL, and Westfield Stratford shopping centre, alongside an assortment of independent bars, boutiques, and restaurants. The development’s prime location ensures that exciting nights out in the city as well as leisurely weekend pursuits are conveniently within reach for new residents.
For those seeking an active lifestyle, homes at L&Q at Brunel Street Works are located close to two nature reserves, Bow Creek and East India Dock Basin, as well as a number of local parks. Residents can enjoy a variety of outdoor pursuits, from water sports and cycling, to climbing and tennis.
Shared Ownership prices at L&Q at Brunel Street Works start from £99,375 for a 25% share of a one-bedroom apartment (full market value: £397,500).
For more details, please visit the L&Q website here.