1 bedroom apartment for sale
Tyburn Gardens - Plot D.0101, E16 1EA
Share percentage 25%, full price £397,500, £4,969 Min Deposit.
Share percentage 25%, full price £397,500, £4,969 Min Deposit.
Monthly Cost: £1,427
Rent £522,
Service charge £351,
Mortgage £554*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
Ready to move into! Integrated appliances, underfloor heating, fitted wardrobe in master bedroom & private outdoor space. Just a 5 minute walk from Canning Town station for the Jubilee line & DLR.
Description
Last remaining 1-bedroom apartment
Rent paid for up to 3 months when you reserve a new Shared Ownership home between 1 - 30 November*
Tyburn Gardens - Plot D.0101
Ready to move into, spacious 1 bedroom, 1st floor apartment just minutes from Canning Town station for Jubilee Line & DLR.
Offering 66 sq.m of internal floor area with outdoor space. Available with just 5% deposit.
Contact a member of our sales team now to view our show homes.
£99,375 for a 25% share of £397,500 and a deposit as low as £4,969
Full Market Value: £397,500
Shared Value (25%): £99,375
Minimum deposit: £4,969
Required income: £50,294
Rent pcm: £522
Council tax band: TBC
L&Q at Brunel Street Works offers stylish apartments available with Shared Ownership in Canning Town.
Following an impressive regeneration programme Canning Town is fast becoming East London's latest hot-spot, the destination of choice for city professionals and first time buyers alike.
Benefit from great transport connections on your doorstep. Less than a 5 minutes walk to Canning Town station for the Jubilee line, DLR and buses for a fast and convenient commute to Canary Wharf, The City and across the capital. Plus just a short walk from Custom House for the Elizabeth line. Enjoy an abundance of shops, cafés, restaurants, leisure activities and entertainment all within easy reach, from Westfield Stratford, the O2, Canary Wharf and the Royal Docks.
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.
*Shared Ownership terms and conditions apply. Please visit lqhomes.com/sharedownership for more information. Prices start from £66,250 for a 25% share at L&Q at Beam Park. Incentive terms and conditions apply. For full terms and conditions visit lqhomes.com/offers.
Key Features
- READY TO MOVE INTO
- Available with just 5% deposit
- Contemporary kitchen with integrated appliances
- Underfloor heating
- Private balcony
- Landscaped podium garden
- Less then 5 minute walk to Canning Town station for the Jubilee Line & DLR
- Short walk to Custom House for the Elizabeth Line
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: Not specified
Property Downloads
Floor PlanVirtual Tour
Map
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 £397,500, £4,969 Min Deposit. Calculated using a representative rate of 5.03%