L&Q bring Shared Ownership to East London regeneration hotspot

One, two and three bedroom apartments available in Canning Town

Giving first time buyers the opportunity to purchase in one of East London’s most exciting regeneration areas, L&Q has launched 167 homes through Shared Ownership at Brunel Street Works in Canning Town.   

With an ambitious £3.7bn regeneration programme transforming Canning Town with new housing, open spaces, restaurants, cafés, shops and creative workspaces, the East London hotspot currently remains one of the most affordable neighbourhoods surrounding Canary Wharf, with the average property value almost £140,000 less than in nearby Poplar, Isle of Dogs and London City Island. 

Offering one to three bedroom apartments though Shared Ownership, L&Q at Brunel Street Works makes living in this exciting Zone 2 area even more accessible for first time buyers – the part-buy part-rent scheme only requires purchasers to secure a 10% deposit for the share they’re buying, equating to just £10,250 for a one bedroom apartment.

Claire Brenlund, Sales Director at L&Q, comments: “The regeneration of Canning Town is undoubtedly one of the most exciting projects of its kind currently underway in London. Whilst many neighbouring areas, such as London City Island, Royal Docks and Stratford have now undergone dramatic transformations, Canning Town is currently in the sweet spot where plans are underfoot and infrastructure is well under way, but prices have not yet caught up with surrounding areas. This makes now a great time for first time buyers to get their foot on the ladder at L&Q at Brunel Street Works, and become part of this exciting new community as it grows around them.” 

Each apartment is designed for 21st century living, with large open-plan kitchen/living/dining areas connected to spacious private balconies, and ample space for a desk in every bedroom – ideal for flexible or at home working. Ample storage is a key element in each home, whilst dedicated communal cycle storage avoids residents having to keep their bike in their hallway.  

Moreover, residents will be able to enjoy fantastic communal facilities, such as a roof terrace, podium garden and children’s play area, as well as 24 hour concierge service.   

Next door to Canning Town station, residents can enjoy close proximity to fantastic transport links across the city. Canning Town is connected to the Jubilee Line and DLR service, with a journey time of just three minutes to Canary Wharf, 15 minutes to London Waterloo and six minutes to Stratford. For international travel, London City Airport can be reached in seven minutes.  

A wide range of amenities are already firmly established in Canning Town, with a large Morrisons supermarket close by, and a range of cafés and restaurants such as Pepenero and XO Café & Mini Tap Room. Fitness fans have three different gyms within a 10 minute walk, whilst nearby Royal Docks is home to a major open water venue. 

Prices start from £102,500 for a 25% share of a one bedroom apartment (FMV: £410,000), £128,750 for a 25% share of a two bedroom apartment (FMV: £515,000), and £146,875 for a 25% share of a three bedroom apartment (FMV: £587,500).  

For more information, call L&Q on 020 8189 7591 or visit: lqhomes.com/brunel-street-works to register your interest.  

Share to Buy is a one stop shop for affordable homes. On our website, you can search for propertiescompare mortgages and find out all you need to know about alternative home buying schemes such as Shared Ownership and Help to Buy via our FAQs and guides.