Final Homes Remaining at Affordable Leaside Lock Development

Guinness Homes has unveiled the final release of Shared Ownership homes at Leaside Lock, their flagship development in Bromley-by-Bow. With the successful sale of all one- and three-bedroom apartments since launch, 2024 marks the last opportunity for buyers to purchase the remaining two-bedroom Shared Ownership homes at the hugely popular East London development.

With the average property price for the area currently sitting at £423,629 on the open market, Leaside Lock offers hopeful buyers a much-needed chance to purchase a home at a fraction of the price – with prices for a 25% share of a two-bedroom apartment up to 72% less than the average Bromley-by-Bow home, at £116,875.*

Hellyn Fairbrother, London and South East Regional Sales Manager at Guinness Homes, comments, “We have seen overwhelming popularity for our Shared Ownership homes at Leaside Lock since we launched back in 2021, with every phase at the development selling out. Prospective buyers are looking to avoid rising costs in the area, while not compromising on style, size and location. With the final remaining two-bedroom Shared Ownership apartments at Leaside Lock available, this will be the last opportunity to secure a place at this sought-after development, and we are expecting to see a great deal of interest over the coming weeks.”

The major development has become an established focal point for the area, comprising of a total of 965 homes. The neighbourhood has been carefully designed so that residents have everything on their doorstep. A broad range of unbeatable amenities are planned on site, including a café, a gym, a convenience store, and co-working space, all set to open in 2025. Situated on the banks of the attractive River Lea, residents at Leaside Lock can enjoy East London’s bustling canal network, home to stretches of outdoor space alongside the world-famous London Aquatics Centre and Westfields Stratford.

Apartments at Leaside Lock are finished to a high specification throughout, featuring contemporary open-plan kitchens, complete with integrated Bosch appliances. Bathrooms and en suites are finished with sleek sanitaryware and underfloor electric heating is fitted in all apartments. Recognising the importance of outdoor space in London, private balconies offer spectacular London views, and this space allows residents to create an extension of their living space.

Located close to a plethora of local shops, restaurants and bars, residents at Leaside Lock benefit from a buzzing central London neighbourhood. A short walk from the development is Roman Road, a historic street lined with independent cafés, boutiques and bakeries, where three times a week a 150-year-old market brings fashion stalls, fresh produce and delicious street food to both locals and visitors. Ideal for families, London’s tallest sculpture ArcelorMittal Orbit is less than a 10-minute cycle from Leaside Lock, and is home to the world’s longest tunnel slide – perfect for an exciting afternoon out.

A number of good local nurseries and schools are also in close proximity to the development, including the Rainbow Nursery in the Bromley-by-Bow Centre, Old Palace Primary School and Bow Secondary School.

As well as outdoor space within the community, Leaside Lock is close to some of London’s best parks. Victoria Park is close by and is ideal for outdoor sports with its running trails, tennis courts and sports ground. Also nearby, Three Mills Island hosts local events and has plenty of green space to enjoy with an outdoor children’s play area.

Leaside Lock also benefits from superb transport connections across the capital – a rarity for many Shared Ownership homes. With Bromley-by-Bow Zone 2 Underground Station just a three-minute walk away, connecting to central London and out towards Stratford on the District Line and Hammersmith and City Line, buyers should move quickly to secure the last remaining homes at this exclusive East London development.**

Nearby road links offer direct journeys to London City Airport and out of the capital, while several local shopping and cultural destinations can be reached on foot or bicycle along the river towpath.

Shared Ownership prices start from £116,875 for a 25% share of a two-bedroom home (full market value £467,500).