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Shared Ownership Homes Launched In Canning Town

Posted 22 May 2023 by Helen Christie

L&Q has launched new Shared Ownership homes in Canning Town…

Located in Canning Town, L&Q at Brunel Street Works is a new development delivering 167 contemporary Shared Ownership homes in one of London’s fastest growing regeneration zones.

Set to offer a range of first-time buyers the chance to secure a home in this prominent new development next to Canning Town Station, L&Q has launched a collection of one-, two-, and three-bedroom apartments as well as two- and three-bedroom duplexes.

Competitively priced and offering an affordable step onto the property ladder, the average monthly outgoings for a one-bedroom Shared Ownership home at the development are £1,208.

Claire Brenlund, sales and marketing director at L&Q, comments: “Set in the heart of the rapidly up-and-coming Canning Town, our new collection of Shared Ownership homes offers an exciting opportunity for first-time buyers to step onto the capital’s property ladder in an area benefiting from significant regeneration of the local area. L&Q at Brunel Street Works already features four new public squares which are surrounded by an impressive array of new amenities including new cafés, shops and restaurants creating sense of community in this well-connected East London neighbourhood.”

L&Q at Brunel Street Works (L&Q)

L&Q at Brunel Street Works forms part of a £3.7bn regeneration programme which will bring new homes alongside public spaces, restaurants, cafés, shops and creative workspaces to this ideally located area of London within a short walk of the Royal Docks. The industrial history of the area is reflected in the materials and architecture of the buildings which are punctuated by public green spaces, private balconies and residents’ podium gardens.

L&Q’s stylish homes at Brunel Street Works exude comfort, with everything buyers need to move straight in. Sleek, modern kitchens are complete with integrated appliances, including an oven, hob and fridge/freezer, making cooking and entertaining a joy. Bathrooms are tiled and supplied with energy-efficient hot water. Bedrooms come with the comfort of carpet and each living area welcomes light in via the large windows and glass doors which open onto a private balcony. For the benefit of new residents, L&Q at Brunel Street Works has a 24-hour concierge service, video door entry systems and landscaped podium gardens as well as underfloor heating in every home for an added touch of luxury.

L&Q at Brunel Street Works (L&Q)

The ExCeL, the O2 and Westfield Stratford are nearby, as well as independent bars, boutiques and restaurants just a short walk away at The Royal Docks. The development is also ideally located close to both the River Thames and Lea, which offer water sports such as paddleboarding at the quays or open water swimming at the docks. Nearby Bow Creek Ecology Park offers an urban escape surrounded by nature with heathland, ponds and beautiful riverside views.

The development is extremely well connected, with Canning Town station just next door to L&Q at Brunel Street Works, which offers a five-minute commute to Canary Wharf while The City, London Bridge and Westminster can all be reached in fifteen minutes or less via the Jubilee Line. The newly opened Elizabeth Line runs from Custom House, which is located just a mile from the development, and London City Airport is only six minutes by DLR.

Prices start from £100,000 for a 25% share of a one-bedroom apartment (FMV: £400,00), £127,500 for a 25% of a two-bedroom apartment (FMV: £510,000) and £152,500 for a 25% share of a three-bedroom apartment (FMV: £610,000).

View more developments currently available from L&Q

 

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