Genesis calls on tenants to make the first move
According to recent statistics published by Rightmove, nearly 57% of London’s renters would like to purchase a new home but feel they can’t afford to; Genesishomes highlights that through shared ownership, prospective first time buyers can afford to purchase a brand new home at its stunning Whitby House development, Canary Wharf.
Offering a collection of one and two bedroom apartments, Whitby House provides sleek and flexible living space allowing first time buyers to make the most of sophisticated city living from £68,875 for a 25% share based on a full market value of £275,500.
Buyers can purchase between 25% and 75% and can increase their share at any time, all the way to 100% and outright ownership. Highfields is available to anyone who does not already own a property and is unable to buy a home on the open market. Their total household income must be less than £60,000 per annum and ideally have savings of around £3,500 to cover moving and legal costs.
The modern open-plan space of the main living area perfectly complements the modern City lifestyle, a selection of apartments with floor-to-ceiling windows offering breathtaking views of the London skyline and flooding the apartments with natural light. This combination of contemporary space and traditional layout means that those looking for style as well as privacy can have both at Whitby House!
Apartments at Whitby House boast a high-spec finish. The kitchens come complete with integrated oven, hob and extractor hood as well as a fridge-freezer and washing machine. In addition to traditional air conditioning, cleverly hidden air vents allow fresh air to flow around each home. A modern heating system also supplies the development, meaning that residents avoid the hassle of maintaining their own boilers.
This emphasis on style and quality reflects the desirability of Whitby House’s location. Canary Wharf’s superb collection of bars and restaurants and more than 200 shops is less than a 10-minute walk away. The nearby River Thames provides further waterside entertainment, while additional leisure facilities are available at the world-renowned O2 Centre. The picturesque Greenwich Market and Greenwich Park are only 20 minutes away, offering a quiet escape from the buzz of London Docklands.
Whitby House has several nearby transport links: Heron Quay and South Quay DLR stations, and Canary Wharf underground station are just a few minutes’ walk away. The Jubilee Line whisks you direct to the West End or the thriving Olympic hub, Stratford, in less than 20 minutes. Or you can just hop on the DLR for historic Greenwich, the City of London and – for travellers heading further afield – London City Airport.
Prices start from as little as £68,875 for a 25% share in a one-bedroom apartment at Whitby House based on a full market value of £275,500. Two-bedroom apartments cost from £90,225 for a 25% share based on a full market value of £360,900.
For more information visit: genesishomes.org.uk
