Second phase of homes announced at award-winning Whitechapel development

Named as one of the best places to buy a home in London in 2023, Whitechapel saw house prices “soar” by 10.3 per cent last year to an average of £486,564.

Offering hopeful purchasers an affordable route onto the property ladder in this “vibrant and multicultural” neighbourhood, L&Q is launching the second phase of homes at L&Q at The Silk District. The new phase comprises a total of 43 Shared Ownership homes, the first collection of 7 two-bedroom apartments to be released on May 13.

Recently commended at the First Time Buyer and Resi Awards in the Best Partnership category, L&Q at The Silk District claims to be the “ultimate young professional bolthole”.

Situated just a five-minute walk from Whitechapel Station, the development is “ideally located” for commuters with the city districts of Canary Wharf, Liverpool Street and Bond Street all accessible within 10 minutes via the newly opened Elizabeth Line.

Claire Brenlund, sales and marketing director at L&Q commented: “The rise in property prices in Whitechapel reflects an overall growing demand for homes in vibrant, recession-proof neighbourhoods that offer more in terms of local amenities and strong transport links.

“Our Phase 2 launch at L&Q at The Silk District offers a fantastic opportunity for buyers looking for an affordable route onto the property ladder in this thriving East London district, with deposits starting from as low as £6,281.”

Each home comes with a private balcony or terrace as well as access to a communal area of open green space and landscaped planting. Inside, the apartments have been designed to maximise living space, with open-play layouts and ample storage which provide the flexibility needed for modern living.

Offering a range of facilities that are said to be “rare to find” with Shared Ownership homes, L&Q at The Silk District offers residents access to an array of on-site amenities right on their doorstep.

A “state-of-the-art” gym is kitted out with a full selection of Technogym exercise equipment, as well as a private Peloton studio for spinning classes. Residents can also book out the private cinema space, with an adjacent kitchen, perfect for entertaining guests.

By Matthew Neville – Senior Correspondent, Bdaily

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