Raising the roof on affordable London homes
Properties with roof terraces are often associated with spacious, lavish Dockland-style penthouses which are out of reach for most first-time buyers. However Genesishomes is delighted to offer a selection of one- and two- bedroom apartments with fantastic outside space at St Luke’s Square, Canning Town; a rare opportunity for first time buyers.
Whether purchasers use their roof terrace for entertaining guests, barbeques, al fresco dining, creating a scene of tranquility to relax in after a hectic week, or just to enjoying the views of London is entirely their choice. But with prices from just £50,625 for a 25% share, first-time buyers will have to move quickly to secure one of these stylish apartments!
The newly released collection of roof top apartments measure up to 64 square metres and come with a spacious living / dining area and expansive roof terrace. Kitchens are finished to a high standard with maple coloured high-gloss laminate doors and drawer fronts, and natural beech-effect worktops, stainless steel electric oven and hob with extractor hood.
The master bedroom has an ensuite shower room while the second bathroom has a shower over the bath, chrome towel rail and large mirror over the washbasin.
St Luke’s Square is a collection of 43 one- and two-bedroom apartments set around beautiful landscaped communal courtyards and a children’s play area. Apartments have been specifically designed to provide homeowners with generously proportioned living space.
Expansive picture windows bathe the living spaces with light and provide sweeping views of the London skyline. Many two-bedroom apartments also come with two bathrooms and the majority of apartments have spacious balconies with wooden decking. Selected apartments also have allocated parking.
There are plans to make Canning Town a new, modern and vibrant destination in London’s East End. New shops, office space, schools, health, leisure and other community facilities are proposed to help forge a new township on the doorstep of both the London Docklands and Stratford.
Nearby Canary Wharf provides over 200 shops to cater for all of your everyday needs. There are also numerous pubs, bars, restaurants and leisure facilities such as health clubs and cinemas, which means that you are never far away from the buzz of city life but can easily escape to the peace of your new home.
St Luke’s Square is located a short walk from Canning Town Tube station which offers services to destinations such as Canary Wharf, London Bridge and Bond Street on the Jubilee Line, and to London City Airport and Bank on the DLR – all in under 25 minutes. Aldgate, Bethnal Green and Hackney can be reached by frequent bus services.
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 per annum 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 for a one-bedroom roof terrace apartment start from just £50,625 for a 25% share, based on a full market value of £202,500. For a two-bedroom roof terrace apartment prices start from just £72,250 for a 25 % share, based on a full market value of £289,000. For more information visit: genesishomes.org.uk
