Ultra modern apartments in Canning Town from just £57k
Genesishomes is offering first-time buyers an opportunity to buy a modern, spacious apartment in well-connected Canning Town from just £57,000.
St Luke’s Square is a development of 43 one and two bedroom apartments available on a part-buy/part-rent basis, set around a large communal courtyard garden, close to one of the UK’s prime regeneration areas.
Each apartment is finished to a high specification with fully-fitted kitchens which feature ‘glide close’ cabinet doors with satin chrome handles, video entry door systems and chrome bathroom towel rails. Most apartments also benefit from large decked balconies and four of the top floor apartments feature private roof terraces. Some of the apartments also have private allocated parking spaces.
For purchasers looking for a two bedroom apartment, St Luke’s Square offers the best on the market with prices starting from just £81,000. Providing two spacious bedrooms, one with an en-suite, plus a separate bathroom the apartments are ideal for couples looking for plenty of space, friends sharing or those who want a spare room for guests.
The apartments are available on a shared ownership basis, which allows people to buy a share of a property they can afford and pay a subsidised rent on the rest. Once purchasers have bought, they can also buy additional shares as and when they feel able to do so.
To be eligible, buyers will have to be purchasing the property as their first/only home and be unable to buy anything on the open market.
Sharon Cummings from Genesishomes, says: “St Luke’s Square is an ideal development for first-time buyers looking to buy their first home in an area with great transport links into Central London and the City.
“Canning Town is close to one of the UK’s prime regeneration areas and will benefit from improved transport links and amenities which are being put in place in time for the Olympics in 2012. There is a demand for high quality affordable developments in this area of London as it is perceived as a good place to invest in by first-time buyers.”
For those who enjoy outdoor living, St Luke’s Square is located moments from the River Thames which offers some of the finest walks in London. There are also a number of green spaces close by including Star Park, Thames Barrier Park, King George V Park and Beckton District Park. Plus, the development boasts a large communal courtyard garden with mature trees and benches.
The development is less than a 6 minutes walk away from Canning Town Underground and DLR Station which offers services to London City Airport and Canary Wharf in under 10 minutes and to Bank, London Bridge and Waterloo station in under 20 minutes. There are also plans to extend the DLR line to connect Canning Town to the proposed Stratford International station by 2011.
Prices start from £57,000 for a 30% share, based on a full market value of £190,000. For more information visit genesishomes.org.uk.
