Families Flock To Prospect East

Published On : 03/08/2017

According to Zoopla[1], the average asking price for a four-bedroom house in the East London boroughs of Tower Hamlets and Hackney is over one million pounds. However, in neighbouring Newham, which also benefits from being in zone 2, Prospect East by East Thames offers a selection of townhouses with prices starting from £789,950, significantly cheaper than its surrounding areas. These brand-new homes are ideal for families that enjoy the London lifestyle with excellent travel connections, minus the price tag.

Comprising of a collection of just seven contemporary style townhouses, this is the last chance to purchase a family house within this exciting development. Six of the four bedroom townhouses are terraced homes and one is a stand-alone property with a private rear garden.  Each home also benefits from its own parking space.

Prospect East is the first phase of a major new integrated neighbourhood in Stratford, forming a vibrant residential neighbourhood. Located amongst the backdrop of the Olympic Stadium, this urban quarter offers a beautiful landscaped linear park running through the centre of the development, with a children’s play area and green open space. Shops and cafes have also been proposed for local businesses, providing residents and passers-by alike a growing number of areas to relax and enjoy.

Tony Harker, East Thames’ Director of Sales & Marketing comments: “Home ownership offers the security and stability that families require, so we are delighted to offer the townhouses at Prospect East, some of zone 2’s most affordable, new family homes. Each home has been designed with the modern family in mind, providing plenty of storage and flexible space. With a landscaped linear park on site, a play area for children and the Olympic Park just around the corner, there is also plenty of open green space for children to enjoy.”

Each townhouse features spacious living accommodation arranged over three floors, boasting two separate terraces on the second floor. The homes also benefit from a spacious living/dining room, perfect for relaxing with the family and a separate kitchen with a high specification throughout. Every detail has been meticulously and thoughtfully designed, from maximising natural daylight, to storage space. The first floor comprises the master bedroom featuring an en-suite shower room and two further bedrooms. The second floor is given to the fourth bedroom, providing a haven for parents and access to two roof terraces. This flexible space could also be used as a home office, offering privacy.

Stratford is top of the class for schooling in the area, with the London Academy of Excellence less than one mile from the development. The sixth form college came in the top 20 last year for the top performing state schools based on A-Level results, with over 86% of students achieving grades A* to B. Other schooling providing education from the ages of four onwards include Colegrave Primary School, Chobham Academy and Portway Primary School.

Located in the heart of Stratford, Prospect East is ideally positioned to take advantage of all that London has to offer. Retail facilities are excellent with Westfield Stratford City providing hundreds of shops, as well as bars, restaurants and entertainment. The Queen Elizabeth Olympic Park is also a short walk from the development, with 560 acres of parkland, world class sporting venues and parkland, the perfect day out for the children.

Prospect East has excellent transport connections with nearby Stratford Station now in Zone 2 and just a 10-minute walk away.  From here fast services link to the West End, City, Canary Wharf and to the East via London Underground, DLR and National Rail. The arrival of the Crossrail in 2018 will further enhance the travel links from Stratford.

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.