'Affordable' one-bed flat in London's tallest tower £595,000

'Affordable' one-bed flat in tallest tower at £595,000. Credit: @SpireLondon

The starting price for 'affordable' housing in London’s tallest residential tower has been reportedly 'set at £595,000' for a one-bed flat.

Chinese developer Greenland Group plans to bring Spire London, an £800m development to east London.

With a height of 771ft 5½in, it will be the tallest residential project not just in the capital, but in western Europe.

In a planning agreement with Tower Hamlets Council, the developer has reportedly agreed to 30% of the properties being “affordable”.

Some 60 family-friendly homes, including some four-bedroom dwellings, will be built in nearby Limehouse.

People living in the 861 flats will be able to use an infinity pool on the 35th floor, air-conditioned gym, cinema and cocktail sky bar.

It is scheduled to be completed by 2020 on the site of a former office block at West India Quay, opposite the Museum of London Docklands

According to the Sunday Times (£), reported figures show 89 buildings with more than 20 storeys are under construction.

Some 233 more have been approved, and permission for a further 114 are being looked at.

ITV London has asked Tower Hamlets to comment.