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REAP THE REWARDS FROM BUYING A NEW HOME AT ST PAUL’S SQUARE

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03/06/2016

 

One in four homes now earn more than their owners, according to a recent survey by Halifax*, with apartments in London boroughs outperforming all other property types and increasing in price by £1,000 per month**. St Paul’s Square in Bow E3, by award winning developer, Countryside, offers the ideal opportunity for savvy buyers looking to earn from their own home.

Reap the Rewards from Buying a New Home at St Paul’s Square

Property entrepreneurs looking to purchase one of the contemporary apartments at St Paul’s Square will benefit from the availability of the new London Help to Buy scheme on selected plots, making it easier for these prospective buyers to earn from their dream home. To qualify, buyers 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.

Andrew Loveday, Sales Directorat Countryside said: “With house prices increasing so rapidly over the last 18 months, many have been priced out of homeownership, but by using Government backed 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.”

The new homes at St Paul’s Square are a collection of stylish, highly-specified one to four bedroom apartments with balconies or terraces benefitting from attractive communal landscaped gardens. These spacious homes have been thoughtfully and intelligently designed to utilise excellent use of space. 

Excellent specification features throughout all of the apartments at St Paul’s Square, with contemporary fitted kitchens with handless base and wall units, contrasting worktops with upstand, integrated electric ovens, ceramic hobs with splashbacks and integrated telescopic extractor hoods.  The homes also feature integrated A+ rated appliances including a fridge/freezer, dishwasher and washer/dryer. The stylish bathrooms and en-suites combine style with practicality, featuring white sanitaryware with chrome fittings and driftwood finish bath panels. Flooring is also included throughout.

St Paul’s Square residents can benefit from excellent transport links both for work and weekend pursuits, meaning travel in and around London is hassle free. Mile End underground station and Devons Road DLR are within walking distance, whilst Limehouse station offers services via National Rail, allowing quick access to central London, the City and Canary Wharf.

The Olympic Village is nearby, as are a vast range of local facilities, which are as diverse as local markets and Westfield Stratford City. The development is also within walking distance of open green spaces and parks, including the innovative Mile End Park and Bartlett Park. Regent’s Canal is also nearby, with its towpath a wonderful amenity for cyclists.

One bedroom apartments at St Paul’s Square start from £420,000, with two bedroom apartments starting from £475,000. The Marketing Suite and two show apartments are open everyday from 10am – 5pm. For further information, visit www.stpauls-square-bow.co.uk or call 07900 769 752.

* http://static.halifax.co.uk/assets/pdf/mortgages/pdf/One-in-four-homes-earn-more-than-their-owners-23rd-February-2016-Housing-Release.pdf

** http://www.zoopla.co.uk/discover/property-news/price-of-apartments-rises-by-1-000-per-month-since-2008-says-halifax/#xc2bg50PXqi4dLlr.97

Information correct at time of publication.


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