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NEWHAM PROPERTY NEWS

Thursday February 13 2020

L&Q add Shared Ownership apartments to the post-Olympics legacy




 L&Q add Shared Ownership apartments to the post-Olympics legacy

L&Q is due to launch 22 Shared Ownership apartments at New Stratford Works on Saturday 22nd February, offering buyers an opportunity to get on the property ladder in the heart of Stratford’s post-Olympics regeneration area.

 

The collection of one to three-bedroom apartments are part of the Chobham Farm masterplan, set to deliver 1000 homes, extensive green space and new commercial outlets surrounding the former Olympic Village, once complete.

 

A short walk from Stratford London Underground and Rail Station, Westfield Shopping Centre and the Queen Elizabeth Olympic Park, residents at New Stratford Works will benefit from the vast investment in the area.

 

Perfect for families, L&Q’s Shared Ownership offering includes 7 three-bedroom apartments. These all include an allocated parking space; a convenient addition for buyers.

 

Claire Brenlund, L&Q’s Director of Sales London, comments, “The transformation of Stratford, stimulated by the 2012 Games, is a brilliant example of a well-thought through regeneration scheme, making Stratford a magnet for first-time buyers. Naturally, the new infrastructure in Stratford has stimulated a rise in house prices, increasing by over 50% compared to 2009, when the first regeneration plans were in construction.* Our Shared Ownership homes are designed to help first-time buyers have their own slice of the post-Olympics buzz, with purchasers able to get on the ladder with a markedly lower deposit than if they bought outright in the area.”

 

Residents can enjoy access to world-class sports facilities, including the iconic Copper Box Arena and London Aquatics Centre. For green space, guests can explore the variety of river lawns and wetland walks running through the former Olympic Village. Nearby, Westfield Stratford offers over 300 shops, restaurants and a multi-screen cinema.

 

The cultural offering is set to expand further with the development of Stratford Waterfront. The new riverside hub has attracted some of the world’s biggest players in arts and design, with Sadler’s Wells, London College of Fashion and the V&A museum all set to arrive within the next 4 years. 

 

Just an 11 minute walk from Stratford station, New Stratford Works residents can enjoy fast connections across London. The station is serviced by Underground, DLR, London Overground and TfL Rail services, with a travel time to Canary Wharf of 9 minutes, and Bank in 11 minutes. Meanwhile, residents can travel abroad from Stratford International, serviced by trains with interchange to the Eurostar, whilst London City Airport can be reached in 15 minutes on the DLR.**

 

A range of top-performing schools make Stratford a natural choice for families. Ofsted ‘outstanding’ Colegrave Primary School is only a 6 minute walk away, whilst Chobham Academy is an 8 minute walk. The Bobby Moore Academy has also recently opened with pupils currently enrolled in reception, year 7 and 8, and capacity to expand to 1500 pupils from ages 4-18.

 

For more information, visit: lqhomes.com/newstratfordworks

 

Pricing starts from £93,750 for a 25% share of a 1 bedroom apartment (FMV: £375,000), £123,750 for a 25% share of a 2 bedroom apartment (FMV: £495,000) and £150,000 for a 25% share of a 3 bedroom apartment (FMV: £600,000).

 



"Our Shared Ownership homes are designed to help first-time buyers have their own slice of the post-Olympics buzz"
Claire Brenlund, LQs Director of Sales London






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