Saturday, July 13, 2024

L&Q to Launch Affordable Homes in a Fast-Emerging East London Neighbourhood 

Offering an affordable route onto the property ladder in East London, L&Q is set to launch a new collection of shared ownership homes at Beam Park, L&Q’s most affordable development in the capital, later this June. With an impressive offering of facilities on the doorstep, including the soon-to-open Beam Park Health Centre, the development is fast becoming a vibrant East London neighbourhood.  

L&Q will market a collection of one , two and three bedroom shared ownership apartments as part of Phase Two of this major new destination neighbourhood. Homes in this launch benefit from being located next to the newly opened Central Park, meaning residents can enjoy easy access to 47,000-sqm of green space. Pricing for a 25% share of a one-bedroom home starts at £65,625 (FMV: £262,500), offering a genuinely accessible homebuying opportunity to many first time buyers.* 

Making homeownership even more achievable, L&Q is offering support towards the cost of buying via a month-long offer. This June, customers who reserve an L&Q home at Beam Park can receive up to £1,500 in moving costs.** 

Beam Park, L&Q’s joint venture with Countryside, is emerging as a really impressive neighbourhood for East London,” Claire Brenlund, Sales and Marketing Director for L&Q comments. “Our upcoming launch of one, two and three bedroom homes comes at an exciting time – the newly opened Central Park offers ample green space to residents just in time for summer, adding to the onsite offering of a Sainsbury’s Local, sports facilities and nursery. The Beam Park Health Centre will also be opening its doors later this summer and will bring further health provision to the area. We’re proud to be bringing affordable homes to East London that meet the needs of many first time buyers.” 

Homes with L&Q at Beam Park feature contemporary, sleek design. Generously sized kitchens come complete with modern cabinets, worktops, under cupboard lighting and fully integrated appliances including dishwasher, oven, hob and fridge-freezer. Bathrooms benefit from white sanitaryware, a shower screen over the bath, mounted wall mirror and chrome towel radiator, whilst ensuites feature a shower with fixed sliding door. Bedrooms are fitted with carpet as well as built-in wardrobes to main bedrooms. A sought-after feature, each apartment comes with a private balcony or terrace. Every home benefits from access to communal bicycle storage, whilst car parking is available on selected plots. Offering green credentials, all apartment blocks are fitted with solar PV panels. 

Located on the border between the London Boroughs of Barking & Dagenham and Rainham, Beam Park is evolving into a vibrant East London community of over 3,000 homes, complete with supporting amenities and facilities. The development is already home to a multi-use outdoor games area, including a five-aside football pitch, basketball court and table tennis tables, whilst a café, gym and multi-faith centre will also be delivered. 

Looking to the surrounding area, the close by Beam Valley Country Park constitutes 182 acres of outdoor space, perfect for midweek runs and weekend exploring. Nature reserve Rainham Marshes is an oasis of bird-rich greenspace, where locals can spot various species including wildfowl, warblers and owls whilst on adventures via foot or bike. Residents are also spoilt for choice with an array of shops, restaurants and cultural venues located at the easily reachable Lakeside Shopping Centre. 

Residents at Beam Park benefit from fast and efficient links into the capital via Dagenham Dock station, reaching Fenchurch Street in just 21 minutes, Canary Wharf in 24 minutes and Westminster in 35 minutes. By road, the A13, A406 and M25 are easily reached, providing access to central London, Essex and beyond. For travels further afield, London City airport is accessible in just 20 minutes by car. Major investment is also being made to local bus routes, providing further convenience. 

Shared ownership prices for the new homes at L&Q at Beam Park start from £65,625 for a 25% share of a one bedroom apartment (FMV: £262,500). 

First Time Buyer is an exciting bi-monthly glossy which takes a stylish and comprehensive look at all the options available, setting them out in an entertaining and informative way, and helping potential customers navigate their way through what is often a daunting and complex process. We dispel the myths, reinforce the facts and arm the reader with the tools necessary to make their homeownership dreams a reality.

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