East London penthouses at affordable prices
Genesishomes is offering first time buyers the rare opportunity to own their own penthouse at Forbes House in Forest Gate from just £68,750 for a 25% share.
The stylish two bedroom penthouses, measure over 870 square feet, offer stunning views as far as Greenwich as well as a modern interior, everything you would expect from a London penthouse but at an affordable price tag.
The top floor penthouse of a building has always been synonymous with style and sophistication and this is expressed at Forbes House with expansive picture windows which give apartments a bright and airy feel. Kitchens are fully fitted with Indesit stainless steel electric oven, gas hob and integrated extractor hood, black granite work tops and low energy spotlights. All living rooms come equipped with TV/FM/Sky points (subject to registration with Sky) while all apartments have a key fob entry system.
Situated a few minute’s walk from one of the most exciting places in London, Stratford, Forbes House is in a great location. The area will benefit from 2.9 million square feet of retail and leisure space, as well as 180,000 square feet of community facilities all of which will form the centre of a community once the euphoria of the Olympics has passed.
Stratford High Street is set to be transformed into a Manhattan style boulevard, and will be home to new shops, a hotel and will form part of the London 2012 marathon! The immediate surroundings of Forest Gate are set to be transformed into a vibrant town centre with new bars, restaurants, cafes and fresh food and specialist shops along with a range of community facilities.
Forbes House has excellent transport connections with Forest Gate train station, with a direct link to Liverpool Street in as little as 13 minutes, just a short walk away. 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.
All of the properties are available on a shared ownership (part-buy/part-rent) basis. This allows people to buy a share in the property and pay a subsidised rent on the rest.
To be eligible, this must be the buyer’s first property purchase or their only home. Their household income must be less than £60,000 and they will need savings of around £3,500, to cover moving and legal costs.
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 £36,250 for a 25% share in a one bedroom apartment at Forbes House based on a full market value of £145,000. Prices for a two bed penthouse start from £68,750 for a 25% share based on a full market value of £275,000. For more information, visit: genesishomes.org.uk
