English Living
Residential Market
A Blue View: Waterside apartments at Leaside Lock, Bromley-By-Bow
A home close to a waterfront in the capital may feel out of reach for first-time buyers, due to the hefty price tag of a ‘blue view’.
With the average price for an apartment close to London’s waterways currently sitting at £657,066, and prices in popular riverside areas like King’s Cross, Little Venice and Richmond reaching even higher heights, most waterside properties in the capital are inaccessible to those on a lower budget.
Providing first time buyers with the rare opportunity to step onto the property ladder next to one of London’s desirable waterways, Shared Ownership homes at Guinness Homes’ Leaside Lock sit beside the banks of the attractive River Lea, just a three-minute walk from Bromley-By-Bow Underground station.
A major placemaking project, Leaside Lock will ultimately deliver 965 studios, one-, two- and three-bedroom homes. Offering riverside living without the price premium, prices for a 25% share of a two-bedroom apartment at Leaside Lock start from £122,500, with deposits starting from only £6,125.
Hellyn Fairbrother, London and South East Regional Sales Manager at Guinness Homes, comments,
We are delighted to be offering a range of Shared Ownership homes at Leaside Lock, giving buyers access to homes in this popular area, without having to compromise on the waterside location that Leaside Lock has to offer. Not only do residents get to enjoy the scenery of the neighbouring river but they are also located within easy distance of the Thames and the Serpentine, which can be reached directly on the District Line from Bromley-By-Bow station. We’re offering a truly enviable waterside location, without the sky-high costs!”
A rarity in London, this major new development is already a new focal point for the area, created with convenience in mind. Residents can enjoy East London’s bustling canal network, home to stretches of outdoor space alongside the world-famous London Aquatics Centre and Westfields Stratford. The neighbourhood has been carefully designed so that residents have everything right on their doorstep, with a broad range of unbeatable amenities planned on site, including a café, a gym, a convenience store, and co-working space.
Apartments at Leaside Lock are finished to a high specification throughout, featuring contemporary open-plan kitchens, complete with integrated Bosch appliances. Bathrooms and en suites are finished with sleek sanitaryware and underfloor electric heating is fitted in all apartments. Recognising the importance of outdoor space in London, private balconies offer spectacular London views, and this space allows residents to create an extension of their living space.
Set on the banks of the River Lea, Leaside Lock is close to a plethora of local shops, restaurants and bars on offer. A short walk away is Roman Road, a historic street lined with independent cafés, boutiques and bakeries, where three times a week a 150-year-old market brings fashion stalls, fresh produce and delicious street food to both locals and visitors. Ideal for families, London’s tallest sculpture ArcelorMittal Orbit is less than a 10-minute cycle from Leaside Lock, and is home to the world’s longest tunnel slide – perfect for an exciting afternoon out.
Leaside Lock’s contemporary apartments are a perfect fit for those looking for an affordable home with transport links into the heart of London. For water-enthusiasts seeking to explore the nearby area, Limehouse Cut, the oldest canal in the capital, is just moments away and offers stunning views of the local wildlife, as well as areas for kayaking.
A number of good local nurseries and schools are also in close proximity to the development, including the Rainbow Nursery in the Bromley-by-Bow Centre, Old Palace Primary School and Bow Secondary School.
As well as outdoor space within the neighbourhood, Leaside Lock is close to some of London’s best parks. Victoria Park is close by and is ideal for outdoor sports with its running trails, tennis courts and sports ground. Also nearby, Three Mills Island hosts local events and has plenty of green space to enjoy with an outdoor children’s play area.
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Wikimedia Commons
Limehouse Cut
Residents also benefit from superb transport connections across the capital with Bromley-by-Bow Zone 2 Underground Station just a three-minute walk away, connecting to central London and out towards Stratford on the District Line and Hammersmith and City Line.
Nearby road links offer direct journeys to London City Airport and out of the capital, while several local shopping and cultural destinations can be reached on foot or bicycle along the river towpath.
Shared Ownership prices start from £122,500 for a 25% share of a two-bedroom apartment (full market value £490,000) and £137,500 for a 25% share of a three-bedroom apartment (full market value £550,000).
Shared Ownership terms and conditions apply
Call our sales team on 0208 131 7495 or visit leasidelock.com to register interest.
