Over 50% sold at L&Q’s sought-after Whitechapel development
Last year, the average apartment in Whitechapel sold for a significant £613,378.* Responding to the demand for affordably priced homes in this ever-popular area, L&Q is offering an attractive collection of contemporary one- and two-bedroom Shared Ownership apartments at L&Q at The Silk District.
Now over 50% sold, homes at the Whitechapel development are an ideal choice for first-time buyers looking to step onto the property ladder in this East London hotspot, with prices starting from £125,000 for a 25% share of a one-bedroom apartment. Notably, deposits start from as little as £6,250.
“L&Q at The Silk District is a really exciting development,” Claire Brenlund, Sales and Marketing Director at L&Q comments. “The property market in the capital is especially difficult for first-time buyers at the moment due to higher mortgage rates, which is why we are glad to be offering such fantastic homes in a central location, at an attainable price point. Our recent award for Affordable Housing Provider of the Year at the First Time Buyer Readers’ Awards, demonstrates our continued commitment to delivering homes which are genuinely affordable for first-time buyers.
“The development has lots to shout about. It has an impressive offering of onsite amenities, including a gym, Peloton studio and a cinema, which are rare to come by with Shared Ownership homes. Our apartments are ideal for young professionals and commuters seeking a well-connected and vibrant neighbourhood with lots going on.”
Every apartment at the development has been finished to a contemporary specification, offering a modern interior and natural light. Open-plan layouts and plenty of storage space ensure that the homes at L&Q at the Sik District are both practical and attractive, catering effortlessly to any lifestyle. The majority of apartments also benefit from private outdoor space in the form of a balcony or terrace, whilst all residents have access to an impressive communal area of green space and landscaped planting.
L&Q at The Silk District offers an impressive range on onsite amenities to residents, setting it apart from other Shared Ownership developments. Residents can make use of a private gym with high-spec Technogym equipment as well as a Peloton spin studio for high-energy spinning classes. A residents’ cinema complete with large sofa seating and adjacent kitchen is also on-site for when residents are looking to wind down and entertain guests. The 24-hour concierge provides peace of mind and additional security.
Just a 10-minute walk away from Shoreditch, Brick Lane and Spitalfields Market, L&Q at The Silk District is part of an exciting and thriving pocket of East London. With plenty of cocktail bars, pubs, restaurants and shops close by, residents have all they need on their doorstop. The area of Whitechapel is also rich in East End history and character; the Whitechapel Gallery is a fantastic attraction for art lovers, and history buffs can embark on a whole host of tours through the neighbourhood, from guided walks to enticing food tours.
Close to key London underground services, including the District Line, Elizabeth Line, the Hammersmith & City Line, as well as Overground routes, L&Q at The Silk District sits in a well-connected Zone 2 location. Excellent for those needing speedy access to the centre of the capital, morning commutes are made easy. For people preferring to navigate the city by bike, the Cycle Superhighway 2 network is easily accessible from the development, connecting residents to a network of cycle routes across London.
Prices at L&Q at The Silk District start from £125,000 for a 25% share of a one-bedroom Shared Ownership apartment (fmv: £500,000)
To register your interest, please visit: https://lqhomes.com/thesilkdistrict/