5 new-build East London homes for first time buyers

The latest UK property analysis (summer ’18)  sugges that ‘First time buyers are on the rise in the UK’ as the number of new homeowners went up 8% in May 2018. ‘There were 32,200 new mortgages completed for first-time buyers over the month, 8.1% more than in May last year’ says the UK Finance group and adds that ‘the average first-time buyer in the UK is 30, has a gross household income of £42,000 and takes on a loan of £142,452 at a loan to value of 85%. Government schemes such as help-to-buy and shared ownership have helped some people get on the property ladder who would have otherwise been unable to afford to’.

Here below we list our top 5 new-build homes for first time buyers looking for a property in East London.

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The Bootmakers Court, London E1

1 bedroom, approx. 499 sq. ft.

£340,000 L/H

This spacious, fourth floor one bedroom apartment with a balcony forms part of a smart new development by Bellway positioned close to many parks, waterways and excellent transport links. The apartment has views of the canal and is a 10 minutes’ walk from both Stepney Green (District, Hammersmith & City) and Limehouse (DLR) station. A perfect location equidistant from the City and Canary Wharf.

For more details call +44 (0)20 7018 4106 or

Email: canarywharfsales@chaseevans.co.uk

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Graciosa Court, London E1

1 bedroom, approx. 525 sq. ft.

£350,000 L/H

Another wonderfully light apartment nearby in E1, a short walk from the canal, parks and again with a very convenient location perfect for commuting either to the City or Canary Wharf. This one bedroom property is well proportioned and features a large private terrace overlooking lush communal gardens of this impressive, modern development.

For more details call +44 (0)20 7018 4106 or

Email: canarywharfsales@chaseevans.co.uk

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Ivy Point, London E3

1 bedroom, approx. 512 sq. ft.

£375,000 L/H

This bright, one bedroom apartment with a balcony is set on the 11th floor of this modern development in Bow, an easy walk from the River Lea, Limehouse Cut canal and Three Mills studios. The interior design features a generous living space open plan with a streamlined kitchen extending onto the balcony with far reaching views of London, a well-proportioned bedroom and a bathroom. Residents have access to 24hr concierge services, an onsite gym and a communal roof terrace. The closest stations are Devons Road DLR and Bromley-by-Bow.

For more details call +44 (0)20 7018 4106 or

Email: canarywharfsales@chaseevans.co.uk

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Caspian Wharf, London E3

2 bedrooms, 2 bathrooms, approx. 662 sq. ft.

£450,000 L/H

Located on the banks of the Limehouse Cut Canal in Bow, Caspian Wharf is a popular new development with 24 hour concierge services and within easy walking distance of Devons Road DLR and Bromley-by-Bow stations. The apartment is well presented with two bedrooms and two bathrooms and an open plan, modern kitchen extending onto a delightfully bright living room. The main space opens out onto a large patio terrace that overlooks the impressive private courtyard gardens.

For more details call +44 (0)20 7018 4106 or

Email: canarywharfsales@chaseevans.co.uk

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Glasshouse Gardens, London E20

1 bedroom, approx. 538 sq. ft.

£495,000 L/H

Set in Glasshouse Gardens, a striking new development perched on the edges of the Queen Elizabeth Olympic Park, this is a stylish one bedroom apartment with a private balcony affording views of the stunning Zaha Hadid designed Aquatic Centre. Designed by the award winning architects Allies and Morrison, the two towers are the most desired places to live in Stratford offering truly stylish, open plan living with onsite felicities including a 24 hour concierge, access to a gym and landscaped gardens.  The development is located a short distance from Westfield Stratford City and Stratford station providing Underground, Overground and National rail services.

For more details call +44 (0)20 7018 4106 or

Email: canarywharfsales@chaseevans.co.uk

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