Buy into Bow for just £43,500

Genesishomes is offering first-time buyers the chance to live in the heart of historic Bow from just £43,500 for a brand new one-bedroom apartment – overlooking the Olympic Village.

Fairfield Quarter, set in a residential street off Bow Road, is a development of 36 one-bed and 42 two-bed apartments. All the apartments are available on a part-buy/part-rent basis. This allows purchasers to buy a share in a property and pay a subsidised rent on the rest.

For example, a 25% share in a one-bedroom apartment would cost £43,500. For first-time buyers it is a great way to make it onto the property ladder, plus they have the opportunity to purchase the rest of the apartment outright when they can afford to.

Sharon Cummings from Genesishomes says: “This part of London is experiencing enormous investment thanks not only to the 2012 Olympics but also to the economic growth of the Docklands area.

“This is one of several shared ownership developments which Genesishomes has launched in the East End and it is part of our commitment to the regeneration of the area.”

She adds: “It is also worth pointing out that in many cases, it is actually cheaper to part-buy/part-rent an apartment through Genesis than it would be to rent a flat privately in the area.”

Inside the apartments the colour schemes are cool and contemporary with neutral tones. There are soft, luxurious carpets throughout with practical and modern vinyl flooring in the kitchen and bathrooms.

Finished to high standards the stylish bathrooms feature a thermostatic bath and shower with smart white and grey tiling, while the kitchens feature dark walnut wall units with an Indesit stainless steel oven, hob and hood. Other finishes include audio entry systems, TV/FM/Sky points, and bike storage. Some apartments also have the luxury of a balcony area, ideal for alfresco dining.

Close to Bow Church on the DLR and Bow Road on the District Line, this modern development has easy access to Canary Wharf in around 10 minutes and to the West End in just over 20 minutes.

For more information visit genesishomes.org.uk.