London Docklands living for just £52,500
Genesishomes is offering first-time buyers an opportunity to buy their very own apartment on Marsh Wall, less than a 10 minute walk to Canary Wharf, from just £52,500 for a 25% share.
Whitby House is a development of 54 one and two bedroom city-style apartments in the popular London Docklands, an ideal location for professionals working in the City.
This ultra modern development combines sleek, contemporary and practical designs to appeal to those who enjoy the finer things in life and lead busy lifestyles.
Each apartment is finished to a high specification including an integrated fridge/freezer and washing machine as well as a key fob entry system and video entry phones. The kitchens have been uniquely placed within the centre of the living area with modern living in mind and boast floor-to-ceiling glass windows. This not only gives it a contemporary feel but allows maximum light into the apartments.
Whitby House is under a 10 minute walk away from Canary Wharf which has changed considerably in the past 20 years. This area now benefits from some of the finest restaurants, cafes, bars and shops in the capital. There are over 200 shops, bars and restaurants within the four retail malls in Canary Wharf including Waitrose, Thomas Pink, Reiss, Aspinals, Plauteau Restaurant at the top of the Canada Place Building and Leon. The world renowned O2 Centre and popular Greenwich Market- are also a short distance away.
Sharon Cummings from Genesishomes says: “We are delighted to be offering first-time buyers the opportunity to get onto the property ladder in this popular area of London.
She adds: “It is also worth pointing out that in many cases, it is actually cheaper to part-buy/part-rent an apartment through Genesishomes than it would be to rent a flat privately in this area.”
Marsh Wall which is in the London Dockland is an extremely well connected area of London. Under a 10 minute walk from Whitby House is Canary Wharf Underground station, on the Jubilee Line, with services to London Bridge, Waterloo and Westminster in under 15 minutes. South Quay and Heron Quay DLR stations are a five minute walk and offer fast services to Bank, Stratford and Oxford Circus in under 14, 18 and 26 minutes respectively.
Plus, London City Airport is only 14 minutes by DLR or a 10 minute taxi journey away with flights to 34 European and domestic destinations.
All of the apartments are available on a part-buy/part-rent basis. This allows people to buy a share in a property and pay a subsidised rent on the rest. To be eligible, this must be the buyers’ first property purchase or their only home, they will be unable to buy anything on the open market, earn less than £60,000 and have savings of around £3,500.
Once purchasers have bought, they can also buy additional shares if they wish, as and when they can afford to do so.
Prices start from as little as £52,500 for a 25% share in a one-bed apartment at Whitby House, based on a full market value of £210,000.
For more information visit genesishomes.org.uk.
