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Shared Ownership Apartments Launch In East London

Posted 5 January 2023 by Keith Osborne

A new selection of Shared Ownership homes will be unveiled in January at riverside development Goodluck Hope...

Notting Hill Genesis is bringing new homes for first-time buyers to east London with the launch of three Shared Ownership apartments at Goodluck Hope this month.

The homes are the final properties to be offered by the housing provider at the development, giving buyers a chance to be part of a growing community and new riverside destination.

Spacious, open-plan one-bedroom apartments start from £118,750 for a 25% share (full market value £475,000) and come with features such as floor-to-ceiling windows and large private balconies, and finishing touches including integrated wardrobes, bespoke carpets and a fitted modular kitchen with a full range of appliances. Or buyers can make the most of the opportunity to purchase a two-bedroom loft apartment, and enjoy a property split over two floors boasting features such as Juliet balconies, high ceilings and a skylight window, a private terrace and floor-to-ceiling windows offering far-reaching views across the capital. The apartment is available to purchase through Shared Ownership for £167,500 for a 25% share (full market value £675,000).

Shared Ownership offers aspiring buyers the opportunity to buy a share of a home’s value, between 25% and 75%, while paying a subsidised rent on the remaining share. The lower deposit level required with the Shared Ownership scheme, means buyers need only put down a deposit on the share they purchase and not the full market value of the property.

Goodluck Hope offers residents access to sought-after amenities, perfect for the modern Londoner, including a gym, state-of-the-art pool, private cinema, workspace and a 24-hour concierge service. Residents can also make the most of a private space on the 29th floor of the Lantern Room to work or relax with friends while enjoying panoramic views across the capital.

There’s much for residents to enjoy at this riverside development, including Trinity Buoy Wharf, a cultural hub with artist studios, event spaces and a café. It also neighbours London City Island, with many places to eat, drink and shop, and is only a stone’s throw from Canary Wharf with its cultural and leisure attractions.

The development is well connected to central London and beyond, with London Bridge accessible in just 13 minutes on the Jubilee line from nearby Canning Town London Underground station, and Bond Street within 23 minutes. Commuters can also reach Canary Wharf in just 13 minutes on the DLR, and Bank in 18 minutes.

Diana Alam, head of sales at Notting Hill Genesis, said: “We’re delighted to be launching the final three homes at Goodluck Hope – a fantastic development which is already much loved by many of our residents. A home here offers first-time buyers the chance to live in a high quality, modern home and benefit from luxury amenities and a sought-after location, all at an affordable price. Londoners looking to make a home in east London should act now to secure one of the three apartments we have available and start the new year on a high.”

Find out more about Goodluck Hope from Notting Hill Genesis.

 

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