London living for under £37K
Genesishomes is offering first-time buyers the opportunity to purchase a spacious, modern apartment at Forbes House, London E7, for just £36,250 for a 25% share. Situated minutes away from the site of the 2012 Olympics, purchasers will have to move quickly – only seven units remain.
Forbes House has embraced the idea of space. With apartments measuring up to 510sq ft, purchasers really will have the room to make their home their own. Genesishomes has ensured all apartments have been fitted out with the essentials; all first-time buyers have to do is bring their own style.
As well as being generously sized, the apartments at Forbes House have been designed to be both contemporary and comfortable. Expansive picture windows give apartments a bright and airy feel and supply sweeping views as far south as Greenwich. Kitchens are fully fitted with Indesit stainless steel electric ovens, gas hobs and integrated extractor hoods, black granite work tops and low energy spotlights.
Most apartments at Forbes House come with the added benefit of a balcony or Juliette balcony providing that piece of personal outside space. All living rooms come equipped with TV/FM/Sky points while all apartments have a key fob entry system.
Situated a few minutes’ walk from one of the most exciting places in London, Stratford, Forbes House is in a great location. With a wide selection of trendy bars, restaurants and shops, Stratford is set to thrive when the Olympics arrive in 2012. Post-Olympic Stratford is just as exciting. With over 150,000 square metres of retail space, a 2,000-room hotel, new schools and health centres all a short walk away, purchasing at Forbes House really is an opportunity not to be missed!
Forbes House has excellent transport connections with Forest Gate train station just a short walk away. From here there is a direct link to Liverpool Street in as little as 13 minutes, while nearby Stratford station offers journey times to Canary Wharf and Central London in just 15 and 20 minutes respectively. For those wanting to travel further afield, City Airport is a mere 26 minutes away.
Sharon Cummings from Genesishomes comments: “The one-bedroom properties at Forbes House offer first time-buyers fantastic value for money. The size alone is a great reason to buy, but the local conveniences and excellent transport links means everything really is on your doorstep!”
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 will be the buyer’s 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.
Prices start from as little as £36,250 for a 25% share in a one-bedroom apartment at Forbes House, based on a full market value of £145,000. For more information visit genesishomes.org.uk.
