Live minutes from the City for under £60K

Genesishomes is offering commuters the opportunity to live within minutes of the city for just £59,625. At its Chapel East development located on New Road, just around the corner from Whitechapel tube station, city workers can be at their desk in no time at all.

Chapel East provides 11 one and two bedroom apartments, hidden away from the thriving heart of Whitechapel to provide a quiet retreat which is still within easy reach of the city and West End. A short walk away from the development are Whitechapel, Aldgate East and Aldgate Underground stations which offer short journeys to Liverpool Street Station, the City and the West End. For those who prefer to walk, the City is approximately 20 minutes from the development.

This contemporary development is set amongst old Victorian and ultra modern buildings in this historic part of London. The design is inspired by the East End’s industrial heritage and has an arty and loft-like appeal.

Each apartment is finished to a high specification, including Indesit kitchen appliances and key fob entry system. Many apartments also feature a private balcony with floor-to-ceiling glass doors, giving them a bright and airy feel.

Sharon Cummings from Genesishomes comments: "Chapel East is affordable London at its best! Providing the ideal location for long suffering commuters who are tired of their long journeys into work, the development is perfect for those looking to enjoy the best of London’s East End and West End."

Moments away from the development is popular Brick Lane and Commercial Road which have a number of restaurants, cafes and bars. It is also a short distance from the stalls and shops at Spitalfields Market, famous for its array of vintage clothing and art shops.

If that wasn’t enough, Chapel East is also near to fashionable Hoxton and Shoreditch, which boast some of London’s premier social settings including the Queen of Hoxton Bar, Hoxton Bar & Grill and Shoreditch House.

All homes 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. Very often this can work out considerably cheaper than private rentals in the area.

To be eligible, buyers will have to be purchasing the property as their first/only home, be unable to buy anything on the open market 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 at Chapel East start from £59,625 for a 25% share, based on a full market value of £238,500.

For more information visit genesishomes.org.uk.

Meanwhile, for those looking to be closer to the action, Genesishomes also has just one property remaining at its Vada development located moments away from Hoxton Square, Old Street and Angel Islington. This development has an ultra modern and quirky exterior with a high interior specification to match. The one bedroom apartment is available for £70,000, a 25% share, based on a full value market price of £280,000. For more information visit genesishomes.org.uk.