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L&Q launches Shared Ownership in the heart of Whitechapel

ByAdmin

Aug 8, 2021

Recognised as one of the capital’s home-buying hotspots for 2021, Whitechapel’s £300m regeneration masterplan is seeing this well-connected, central district revived with a new urban quarter of homes, commercial buildings and public space.

Putting first time buyers in the heart of this project is L&Q at The Silk District; an attractive collection of one and two bedroom Shared Ownership homes, launching on 14th August.

Part of a joint venture with Mount Anvil, L&Q at The Silk District is only moments from Whitechapel station, fast becoming a major transport hub in East London. Already connected to the District Line, Hammersmith & City and Overground lines, the launch of the Elizabeth Line in summer 2021 will further improve connections. Journeys to Canary Wharf will be cut to just three minutes, and two minutes to Liverpool Street.

Not just a transport hub, the major investment in Whitechapel will see a new £105m town hall, flexible workspaces and industry hubs, seven new public spaces and increased cycle and pedestrian routes.

Claire Brenlund, Director of Sales at L&Q, comments: “Whitechapel couldn’t be better positioned for buyers wanting to be close to the City for Monday to Friday, and also have plenty to do at the weekend. The likes of Spitalfields Market and Shoreditch are both an easy walk away, whilst Whitechapel Gallery and East End Thrift Shop are right on the doorstep. There couldn’t be a more exciting time to purchase in Whitechapel, as the area is transformed with new homes, shops and public spaces, becoming a major residential area on the border of central London.”

L&Q’s new homes are centred around an attractive communal area of open green space and planting, with each apartment also providing access to a private balcony or terrace. Designed to maximise on light, apartments feature floor to ceiling windows, whilst open-plan living spaces are fitted with modern kitchens that include fully integrated appliances as standard.

The surrounding area benefits from a thriving nightlife scene, with traditional pubs and bars in abundance. Home to a vibrant array of global cuisines, nearby Brick Lane is a treasure trove of culture, whilst the Idea Store, London’s second most popular library, is perfect for literary fans.

L&Q’s new phase of one and two bedroom homes at L&Q at The Silk District will be launching on 14th August.

Prices for Shared Ownership homes start from £124,375 for a 25% share of one bedroom apartment (FMV: £497,500) and £148,125 for a 25% share of a two bedroom apartment (FMV: £592,500).

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