2 bedroom apartment for sale
Riverstone Heights, E3 3EA
Share percentage 25%, full price £515,000, £6,438 Min Deposit.
Share percentage 25%, full price £515,000, £6,438 Min Deposit
Monthly Cost: £1,840
Rent £885,
Service charge £238,
Mortgage £717*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Am I eligible?
Eligibility to buy a home using Shared Ownership at Leaside Lock is governed by the Greater London Authority and the Local Authority Tower Hamlets.
You need to be over 18 and resident in the UK.
Summary
FINAL 2 Bedroom, 2 bathroom Apartment, with views of The Shard at our award winning development, Leaside Lock
Description
FINAL apartment at Leaside Lock - including a £2,000 John Lewis Voucher*
*Complete your purchase by the 30th April and receive a £2,000 John Lewis Voucher!
The apartments are designed for modern living and are located along the bank of the River Lea, in the heart of East London. Don't miss out on the opportunity to elevate your lifestyle with these stunning homes.
Leaside Lock is one of East London's most exciting developments, one which offers waterside living along the River Lea, city centre views, high-specification homes, direct-from-site underpass access to Bromley-by-Bow tube station (2-min walk) and some of the best amenities on offer at a Shared Ownership development - an on-site concierge, cycle storage, communal workspaces, roof terraces, & a gym*.
Important information:
- Full purchase price: £515,000
- 25% share price: £128,750
- Monthly rent based on a 25% share: £885.16
- Estimated monthly service charge: £238.36
- Minimum share initially available: 25%
- Maximum share initially available: 75%
- Own your own home with 100% staircasing
- Tenure: Leasehold
- Lease term: 990 years
- Pets allowed (with permission)
- Council Tax: TBC
Specification:
Kitchen/living room/dining area
- Stainless steel Bosch built-in oven with electric hob
- Bosch slimline cooker hood in silver
- Integrated Bosch fridge/freezer
- Integrated Bosch dishwasher
- Gooseneck tap in brushed stainless steel
- Chicago laminate worktops
- Graphite grey kitchen cabinets
- Graphite grey splashback over the hob and upstand to kitchen worktop
Bathroom
- Back-to-wall WC in white with chromium plated flush plate
- Semi-countertop washbasin in white
- Double robe hook and heated towel rail
- Steel bath in white with glass screen to main bathroom
- White resin shower tray to en-suite
- Bath shower mixer in chrome
Finish
- Off-white to living and bedroom wall and doors
- Brilliant white eggshell to bathroom walls
- Brilliant white to ceilings
- Large light grey porcelain tiles to bathroom walls
- Ribbed black peak feature wall tile
- Natural tile flooring to bathroom in black peak
- Avenue Oak laminate flooring to living area and bedrooms
- Mode range white switches and sockets
- Underfloor heating (except bathrooms)
Book a viewing
Our Show Home is open to viewings seven days a week upon request - Contact Guinness Homes today to arrange your viewing appointment at Leaside Lock!
*Correct as of October 2024, a survey conducted of over 137 providers of Shared Ownership revealed that Guinness Homes has the lowest payable reservation fee publicly available on websites and/or other marketing materials at £99 per Shared Ownership home. Prima Group require volunteer service instead of a reservation fee. Guinness Homes is a trading name of The Guinness Partnership Limited.
Please note: A financial advisor or mortgage broker can confirm if you can afford less than the advertised share (still between 25-75%), then we can approve your Shared Ownership recommended share, provided you meet other eligibility requirements.
Key Features
- 2-bedroom, ninth floor apartment
- En suite to primary bedroom
- Floor to ceiling windows with views of The Shard.
- Open plan kitchen with dining area
- Integrated Bosch kitchen appliances including fridge/freezer and dishwasher
- Utility space & ample storage
- Underfloor heating
- Carpet and flooring provided throughout
- Superfast broadband
- Large windows boasting spectacular views
- Lifts in block
- Outstanding planned amenities for 2024 and 2025 - cycle storage, concierge, convenience store*, gym* & more!
Leaside Lock have joined forces with Zipcar to give residents 1 year's FREE membership. Details of how to claim this offer will be sent after completion - Simply Fresh convenience store now opened at Leaside Lock!
- The Gym is run by The Gym Group (memberships required)
*Amenities mentioned may not be directly within the block of this apartment, but are collectively accessible within Leaside Lock.
BOOK A VIEWING
Our Show Home is open to viewings seven days a week upon request - Contact Guinness Homes today to arrange your viewing appointment at Leaside Lock!
Disclaimer: The images shown are CGI dressed representations of the available apartment C-9-6
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan BrochureVideo Tour
Map
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a - Communal Terrace
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £515,000, £6,438 Min Deposit. Calculated using a representative rate of 5.03%
