City-dweller apartments on the District Line for less

According to Zoopla, the average price for a flat nearby District Line tube stations is £604,743*, making purchasing a home close to the popular ‘green line’ out of reach for many first-time buyers.

Providing an affordable route onto the property ladder on both the District and Hammersmith & City Lines, Leaside Lock from Guinness Homes offers a collection of stylish studios, one, two and three-bedroom apartments, just a three-minute walk from Bromley-By-Bow (Zone 2) Underground station – with a direct underpass built into the site.

Through Shared Ownership, a one-bedroom apartment at Leaside Lock can be purchased from £87,500 for a 25% share, with deposits starting from just £4,375 – almost six times more affordable than the London average. With two tube lines running through the nearby station, plus the DLR at Devons Road and numerous bus stops in the area, Leaside Lock offers a central location with great connections, for a fraction of the price.

Hellyn Fairbrother, London and South East Regional Sales Manager at Guinness Homes, comments, “Bromley-By-Bow is set in a fantastic Zone 2 location for those working in the city, with Bromley-By-Bow tube station and Devons Road offering quick routes into the capital. Likewise, residents can reach King’s Cross on the Hammersmith & City Line in under 30 minutes, or enjoy the sites of the Thames and St James’ Park, which can be reached directly on the District Line.**

Leaside Lock offers a great opportunity for first-time buyers in the capital who are seeking value for money without sacrificing connections to Central London – either for weekday commuting or weekend fun.”

Accessible for first-time buyers, Guinness Homes have recently launched 33 two-bedroom Shared Ownership apartments at Leaside Lock, offering an affordable route onto the property ladder. The major new development will ultimately comprise of 965 homes and is already a new focal point for the area, created with modern convenience in mind. While offering fantastic transport links to the rest of London, the neighbourhood has been carefully designed so that residents also have everything right on their doorstep. Creating a lively new community-focused neighbourhood, there is planned to be a broad range of unbeatable amenities on site, including a health and fitness studio, a café, a convenience store and co-working space.

Set on the banks of the River Lea, Leaside Lock has a plethora of local shops, restaurants and bars on offer in Bow. 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. Leaside Lock’s local pub, The Galvanisers Union, offers an impressive beer menu, locally renowned roast beef and weekly comedy nights, while further afield, Hackney Wick, Here East and Stratford provide a multitude of independent establishments and chain restaurants.

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.

As well as outdoor space within the community, 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.

On top of green spaces, Leaside Lock has an unrivalled waterside location, with the development set on the banks of the River Lea. A rarity in London, residents are within easy reach of east London’s bustling canal network. Stratford and the Olympic Park can be reached by walking East along the towpath where you’ll find stretches of outdoor space alongside the world-famous London Aquatics Centre and Westfield Stratford.

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.

At Leaside Lock, there’s only one Private sale apartment remaining. A studio apartment is available for £312,500.

Shared Ownership prices start from £87,500 for a 25% share of a one-bedroom apartment (full market value £350,000).

Shared Ownership terms and conditions apply.

Editors Notes

*Zoopla, 2023

**Google Maps