Shared Ownership opportunities in E3 and the Bow area
Stratford was transformed by the 2012 Olympics and regeneration there is now spreading into E3. With billions of pounds of investment being pumped into the local area, Bromley-by-Bow is set to become one of London’s most sought-after locations. The regeneration to this and neighbouring areas is mind blowing. New homes with fantastic amenities will be the norm in the locality rather than the exception.
But do fantastic amenities and properties come with fantastic prices? Not necessarily. There are some shared-ownership homes available in the E3 area. First-time buyers who qualify could purchase a share in a home for as little as £131,250. That gives them a 35% share of a one-bedroom flat in Bow River Village. The village will provide 700 new homes to rent and purchase upon completion.
E3 offers more than affordable homes
E3 is still one of the most affordable post codes in London, even though values have increased over the last number of years. The area has remained stable in current property conditions however and always offers great value for money.
Developments like Bow River Village, Sugar House Island and Imperial Street to name but a few are bringing much needed housing into the area. Alongside these homes will come parks, cafe’s, restaurants, shops and schools. This waterside area is definitely one to watch and it is not only full of new builds. There are still some fine period homes on offer in the locality. All in all it is an area worth exploring as a buyer.
Buying a home in Bow is a great option for commuters
Bow is a fantastic location for commuters. With Hammersmith & City and District line services you can be in Oxford Circus within twenty minutes. Canary Wharf is but a ten minute commute and Stratford is a mere three minutes away. If walking is more your style then the new bridge planned over the River Lea will give you a direct link to Stratford and beyond.
Interested in property in Bow?
Bow could be the perfect area for your new home. If you would like a look at what our estate agents have available in the area, click on the links below. Our team could have the perfect property for you.
