First time success at Fairfield Quarter
Fairfield Quarter, Genesishomes’ cool and contemporary development in Bow has proved such as success with first time buyers that anyone interested in purchasing one of the last remaining stylish apartments will have to move quickly!
The development has proved to be popular with those who want to buy into the vibrant lifestyle of the most happening part of London at a truly affordable price. The one, one-bedroom and two, two-bedroom apartments come with a high-spec finish that guarantees all the comforts of modern luxury living, and some boast superb views of Docklands and the Olympic Village.
With one-bedroom apartments priced from £52,813 for a 25% share, based on a full market value of £211,250, a home there is genuinely achievable for a wide range of buyers. Two-bedroom apartments start at just £62,063 for a 25% share, based on a full market value of £248,250.
Fairfield Quarter is a collection of 78 one- and two-bedroom apartments available on a shared ownership basis. Their contemporary finish is impressive. Kitchens come complete with integrated stainless steel oven, hob and extractor fan, dark walnut wall units and ceramic splashback tiles. Bathrooms include useful extras such as a thermostatic controlled shower over the bath, a shaver socket and a vanity mirror.
Each apartment also comes with a fitted smoke detector and security entry system. The development offers secure bike storage, and some of the apartments have a spacious balcony offering stunning views of the Olympic Village, Canary Wharf or the internal landscaped courtyard.
The fashionable district of Bow has a great selection of restaurants, cafés, pubs and wine bars. Its superb shopping includes the Roman Road market, Canary Wharf and the forthcoming Westfield Stratford City, which will be the largest urban shopping centre in Europe. For leisure time, there are open green spaces of Victoria Park and Mile End Park, and sporting opportunities at the Mile End Stadium.
Nearby Bow Church DLR station provides direct access to Canary Wharf, London City Airport and Greenwich. Also close is Bow Road underground station, from where the District and Hammersmith and City lines connect with Liverpool Street, Kings Cross St Pancras, Baker Street, Westminster, Wimbledon and Richmond. A little further away, Mile End station offers Central Line services to Bank, Holborn, Oxford Circus and Bond Street.
All the properties at Fairfield Quarter are available on a shared ownership (part-buy/part-rent) basis, whereby buyers purchase a share in the property and pay a subsidised rent on the rest. To be eligible, the property 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. Purchasers may subsequently buy additional shares as and when they can afford to do so.
For more information visit: genesishomes.org.uk
