A collection of homes at St Paul’s Square in Bow have been put on the market by developer Countryside.
The latest phase to be released includes a mixture one to four bedroom apartments, with one-bedrooms starting at £420,000 and two-bedrooms from £475,000.
The homes include contemporary fitted kitchens, bathrooms and en suites as well as a balcony or terrace benefiting from communal landscaped gardens.
Countryside sales director Andrew Loveday said St Paul’s Square offers an opportunity for buyers to earn from their home, with prices currently increasing by £1,000 per month.
He said: “With house prices rising so rapidly over the last 18 months, many have been priced out of homeownership, but by using government schemes, prospective purchasers can afford a home that may otherwise be beyond their budget.
“House hunters should look at their purchase as an investment and not just a home, as particularly in areas undergoing regeneration, house prices are only set to go up, helping buyers to increase the capital on their home by time they decide to sell.
“With this in mind we would urge potential buyers to register their interest as soon as possible, as our first phase at St Paul’s Square was incredibly successful and this new phase is following suit.”
Residents would benefit from transport links, including the Mile End underground station and Devons Road DLR.
The nearby Olympic Village offers amenities including shops at Westfield Stratford City.
Purchasers would also be able to take advantage of the London Help to Buy scheme.
To do so, buyers would need a deposit of 5% and a mortgage for up to 55% of the value of the home.
The Government will then provide an equity loan of up to 40% of the property’s value, which is interest free for the first five years.