L&Q’s new first-time buyer homes in North London regeneration zone

Located north of the river and to the east of the City and Canary Wharf, East Ham is one of the most affordable Zone 3 locations in London, where an ambitious regeneration scheme has been transforming the local area. Fast becoming a vibrant new first-time buyer hotspot, East Ham is home to a hugely diverse and thriving community and offers significant investment potential. Since 2019, property prices in the district have risen 14% (and 3% in the past year), highlighting the increasing popularity of the area.

Meeting this demand is L&Q, in their delivery of one- and two-bedroom Shared Ownership apartments built on the former site of the East Ham Market Hall at L&Q at New Market Place. Available now, deposits for the homes at L&Q at New Market Place start from just £3,750, offering individuals the perfect opportunity to find an affordable home in this up-and-coming location.

Claire Brenlund, Sales and Marketing Director at L&Q, comments: ‘We are excited to showcase our collection of homes at L&Q at New Market Place as an excellent choice for first-time buyers. The area of East Ham is the perfect location to purchase a home, with acres of green space, highly-rated schools, quick transport links, and plenty of amenities nearby. Available exclusively through Shared Ownership, we’re expecting a lot of interest from individuals who are looking for an affordable route to becoming a homeowner in the capital.’

Homes at L&Q at New Market Place have a contemporary design, with an open-plan living space and floor-to-ceiling windows making the apartments feel light and airy. Homes come with fully integrated kitchen appliances, modern sanitaryware, and a private terrace or balcony. All apartments have access to an expansive roof terrace.

Situated just over a mile away from Manor Park, where the highly anticipated Elizabeth Line enables residents to be well-connected to the capital with Crossrail, residents of L&Q at New Market Place have a variety of amenities and attractions on their doorstep. Acres of meadows and woodlands are easily accessible in the nearby East Ham Nature Reserve, perfect for escaping the buzz of the city and spending time outside. Alternatively, nearby Central Park, an ideal spot for picnics, dog walks, or an afternoon of tennis, is set in the grounds of an 18th century house, making it a picturesque location to spend a summer day.

In an area popular with artists, buyers can enjoy craft markets, exhibitions, and performances on Masterman Road, less than a mile from the development. The local food scene is home to a variety of different cuisines from around the world, ideal for re-fuelling after a day of shopping at the East Shopping Centre or Westfield Stratford, both located a short drive away.

L&Q at New Market Place benefits from numerous quick transport links. East Ham Tube Station is a short walk away, and linked to Central London by the District Line, and the Hammersmith and City Line. With Crossrail at nearby Manor Park station, this development is an ideal choice for commuters. With St Pancras International and London City Airport less than an hour away, and easy access to the M25, residents have plenty of opportunities for weekend getaways. Moreover, the communal bike storage to every home is ideal for those keen to make use of the Cycle Superhighway CS3, linking Barking to Lancaster Gate.

Shared Ownership prices start at £75,000 for a 25% share of a one-bedroom home (FMV: £300,000) and £103,750 for a 25% share of a two-bedroom home (FMV: £415,000).

For more information, please visit https://lqhomes.com/newmarketplace/

*Rightmove, June 2022