Shared Ownership Homes Launch In Tower Hamlets

Orchard Wharf is a brand new development of 338 homes in Tower Hamlets, which has just been launched by first-time buyer sales agency Red Loft.

Offering a collection of Shared Ownership homes to the east London neighbourhood of Leamouth, on the banks of the River Lea, the striking 23-storey tower and five further cascading blocks are oriented towards the water, creating an eye-catching landmark on the riverbank.

The development also brings an onsite shop and café, an outdoor pavilion, courtyard gardens and two attractively landscaped roof terrace gardens for residents’ use, with views over the London skyline.

Being delivered by developer Galliard and Section 106 partner, Eastend Homes, homes at Orchard Wharf are putting a riverside lifestyle in reach for first-time buyers, with deposits starting from just £5,338.

Wendy Hegarty, partner at Red Loft, commented: “Orchard Wharf offers a rare opportunity for first-time buyers to enjoy a waterside lifestyle in the capital, on one of London’s hidden rivers, which is why we are especially pleased to be marketing the first phase of Shared Ownership apartments on behalf of Eastend Homes.

The homes are perfect for city professionals and the influx of buyers returning to London who are eager to get onto the property ladder. Each apartment has been designed to offer the best of a modern home in the capital, with stylish open plan living and entertaining spaces complete high-quality interiors and integrated appliances.”

Every home at Orchard Wharf has been finished with a streamlined fitted kitchen, open-plan living area and generously proportioned bedrooms with ample storage space. Large windows flood apartments with natural light, whilst the development’s eco-credentials ensure that energy bills are kept low for new residents. Prioritising outdoor space, each apartment has access to a private balcony, whilst a daytime concierge service caters for busy city workers.

Close to Canary Wharf and the City, Orchard Wharf is the ultimate location for young professionals seeking a vibrant new neighbourhood with excellent transport links. The development is just a five-minute walk from East India DLR station, where journeys into Canary Wharf take just four minutes and London City Airport is reachable in under 10 minutes.

Located on the edge of the historic East India Docks, Orchard Wharf is ideally situated for accessing an array of popular London attractions including the Emirates Airline and Bow Creek Ecological Park. Nearby Canary Wharf is home to Mudchute city farm, Billingsgate fish market, famous Docklands pubs, the museum of London Docklands as well as a plethora of stylish restaurants and bars. For retail demands, residents can easily visit Westfield Stratford City, one of the largest shopping centres and entertainment spaces in Europe.

Prices for Shared Ownership homes at Orchard Wharf start from £106,750 for a 25% share of a one-bedroom apartment (full market value £427,000) and £136,250 for a 25% share of a two-bedroom apartment (full market value £545,000). Find out more at www.redloftsales.co.uk.

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