1 bedroom apartment for sale

Available

The Silverton - 116, E16 2EE

£88,750 · Shared Ownership New Build

Share percentage 25%, full price £355,000, £4,438 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
£88,750 Shared Ownership New Build

Share percentage 25%, full price £355,000, £4,438 Min Deposit.

Monthly Cost: £1,279
Rent £610, Service charge £175, Mortgage £494*

Calculated using a representative rate of 5.03%

Calculate estimated monthly costs

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Summary

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Description

Stepping into this sleek first-floor one-bedroom apartment, you're immediately drawn to the expansive kitchen, living, and dining area. The layout maximizes space and functionality, making it perfect for modern living. Large windows keep the space airy and bright, and just off the living area, you'll find a lovely balcony-a cosy spot to enjoy year-round.

The bedroom is designed to be a tranquil retreat, spacious enough for relaxation while maintaining a cosy atmosphere. The apartment also features a contemporary bathroom and smart storage solutions, ideal for city living.

To take a look around our shared ownership homes at The Silverton, clickhereto view our 360 virtual tours!

Flooring:

  • Amtico vinyl flooring to living areas - "Spacia White Oak":
  • Carpet to bedroom(s) - "Dolphin Grey":

Kitchens:

  • Manhattan | Kitchens | Paula Rosa Manhattan (prmf.co.uk)
  • Ceiling spotlights
  • Stainless steel built-in electric oven
  • Black glass ceramic touch control electric hob with glass splashback
  • Integrated cooker hood
  • Stainless steel single bowl sink and drainer
  • High Gloss Dove Grey cabinets with Quartz Grey worktops
  • LED underlighting to kitchen cabinets

Bathrooms:

  • White suite - shower over bath with shower screen
  • Chrome heated towel rail
  • Grey tiling to walls
  • Ceiling spotlights

Other:

  • White oak veneer internal doors
  • Video entry phone system

The homes we have available here at The Silverton are on the new shared ownership model lease. Details on the new shared ownership model lease can be foundhere.

*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.

CGIs are for illustration purposes only and may not be plot specific. External facing materials and landscaping shown may be subject to change. Please contact our team for more information.

Key Features
  • 12 minutes to Canary Wharf
  • 6 minute walk to Pontoon Dock DLR
  • Short stroll to the beautiful Thames Barrier Park
  • Elizabeth line accessible from Custom House (10 minute walk away)
  • Please note that a local connection to the London Borough of Newham is required to apply for these homes (postcodes E6, E7, E12, E13, E15, E16 & E20)
  • New shared ownership model
  • 990 year lease
  • 1-bedroom first floor apartment
  • Carpets included
  • Communal gardens
  • Available from a 25% share
  • Balcony
Particulars

Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified

Property Downloads
Key Information Document
Map
London City Airport (0.26 miles) Pontoon Dock (0.41 miles) Royal Albert (0.48 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£88,750
Shared Ownership New Build
Estimated Monthly Cost:£1,279
Rent £610
Service Charge £175
Mortgage £494

Share percentage 25%, full price £355,000, £4,438 Min Deposit. Calculated using a representative rate of 5.03%


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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.