London and Quadrant: Final Shared Ownership homes at Bow development
Just three apartments remain at Bow East, L&Q’s Shared Ownership development in first time buyer hotspot, Bow.
Two two-bedroom apartments and a spacious three bedroom apartment are the final homes available in the well-connected development. Located only a four minute walk from Bow Church DLR station and an eight minute walk from Bow Road Underground station, residents can reach Canary Wharf in just 12 minutes.
Traditionally, living near water and green space in London has been out of reach for first time buyers, with homes near the Thames costing £50,526 more than similar homes without proximity to the river. In contrast, the affordability of living close to the River Lea broadens the accessibility of waterside living, with L&Q’s apartments at Bow East available with a deposit of £11,750.
Bow East is part of the Bromley-by-Bow Masterplan, which includes plans to provide 624,000 sq. ft of offices, waterfront restaurants, cafes and shops, on the banks of the River Lea.
Claire Brenlund, L&Q’s Assistant Director of Sales – London, comments: “Bow is an excellent location for both young professionals and families, with a growing cultural scene, fantastic transport links and excellent schools ticking the boxes for a wide range of buyers. Undergoing significant regeneration, buyers have the best of old and new in Bow; former derelict warehouses are now boutique yoga studios and cafes, whilst the previously neglected River Lea is becoming a hub for waterside restaurants and leisure. With Shared Ownership enabling buyers to get on the ladder with a lower deposit than buying on the open market, we’re pleased to be broadening accessibility to home ownership in this area, allowing first time buyers to lay permanent roots in Bow.”
The final three apartments have their own large private outdoor spaces, with access to a communal courtyard. Kitchens from Symphony’s Koncept range feature integrated appliances from Electrolux and Zanussi, whilst bathrooms are complete with white Roca fittings sitting against porcelain tiling. Each apartment is built to Lifetime Home Standards, helping to lower resident’s carbon footprint through reducing electricity usage, water waste and utility bills.
Bow offers a wide selection of amenities on the doorstep, from historic East London pub, The Bow Bells, to renowned Roman Road Market, both a short walk from the development. Meanwhile, Westfield Stratford City is 12 minutes away, offering over 300 shops and 70 places to eat, as well as a 17-screen cinema and bowling alley.
For residents looking to escape the busyness of the city, Bow offers plenty of green space for homeowners to relax in. Behind the development sits Grove Hall Park, whilst the 86-acre Victoria Park is less than a 20 minute walk away, and the Olympic Park takes just 13 minutes to reach via bus. Similarly, the tranquil River Lea is only a seven minute walk away, offering a peaceful spot for a stroll.
Attracting families to Bow, a range of top-performing schools are nearby, including Thomas Buxton Primary School, Phoenix Primary and Secondary School and Beatrice Tate School for special educational needs, all rated Ofsted ‘Outstanding’.
Prices start from £117,500 for 25% share of a two bedroom apartment (Full Market Value: £470,000)
Register your interest at: https://lqhomes.com/boweast/