Olympic Apartments for First Time Buyers

Stratford Halo is one of the most eagerly anticipated developments in London, and interest has been increasing steadily as the London Olympics draw closer, report Genesis.

Just 500 metres from the focus of all the Olympic action, Stratford Halo stands to benefit not only from the excitement of the UK's event of the century, but also from the intensive regeneration programme that is making the district one of the most desirable in the capital for property buyers.

Yet thanks to shared ownership, buying a property in this hottest of locations is now affordable; a 25% share of a one-bedroom apartment start at just £55,000, based on a full market value of £220,000. Two-bedroom units start at £65,000 for a 25% in a property worth £260,000.

Eight one- and two-bedroom apartments are so far available for shared ownership in Sapphire Court, with a further selection available in April.

Each property boasts a high-specification finish; interior fittings include designer kitchens complete with Bosch appliances, and wood-strip flooring and carpets.

The development also has a wealth of features that are not usually associated with affordable housing: CCTV, secure underground parking spaces and a car club.

Located in an unrivalled position by the principal entrance to London's 2012 Olympic Park, the Stratford Halo encapsulates the thrill and the vibrant legacy of the London Olympics.

The shared-ownership apartments at Sapphire Court are available to anyone who does not already own a property and is unable to buy a home on the open market.

Their total annual household income must be less than £60,000 and they should have savings of about £3,500 to cover moving and legal costs.