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1 bedroom apartment for sale

Available

Flat 6 Nickel Court, 3 Rolling Mills, E14 7FA

£126,000 · Shared Ownership Resale

Share percentage 30%, full price £420,000, £12,600 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£126,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £420,000, £12,600 Min Deposit.

Monthly Cost: £1,492
Rent £639, Service charge £217, Mortgage £636*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: You must be at least 18 years old. Your annual household income must be less than £90,000. You are unable to purchase a suitable home to meet your housing needs on the open market. You should generally be a first-time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply. Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 1-bedroom apartment with a private balcony available now in Tower Hamlets.

Description
Property reference number: 1639569
 
Nestled in the heart of Tower Hamlets, this contemporary 1-bedroom apartment offers exceptional connectivity for city living. Just a short walk from Limehouse Station, residents can enjoy swift access to the DLR, providing a direct route to Canary Wharf and Bank, as well as National Rail services for easy travel across London. With nearby connections to the Jubilee Line and Crossrail, commuting has never been more convenient, making this property ideal for professionals looking to live in an area that's well-connected and full of potential.
 
The surrounding area is packed with fantastic amenities for everyday living. Supermarkets such as Tesco, Sainsbury’s, and Lidl are just a short walk away, ensuring you’ll have easy access to all your grocery essentials. Whether you're picking up fresh produce, household goods, or something special, everything is within arm's reach. In addition, the local area boasts a wide variety of cafes, restaurants, and shops, making it the perfect spot for socialising and enjoying the vibrant East London lifestyle.
 
For those who enjoy the outdoors, the apartment is surrounded by plenty of green spaces to unwind and enjoy some fresh air. Nearby Bartlett Park and the Thames Path offer scenic walks and beautiful views of the river, ideal for leisurely strolls or a peaceful retreat from the hustle and bustle. Whether you're jogging along the river or enjoying a relaxing afternoon picnic, the local parks provide a tranquil escape just minutes from your door, adding to the charm of this wonderful home.
 
Stations nearby: Limehouse (0.2 miles).
Bus routes nearby: 135, D3, 115, 15
 
Key features:
- Communal garden
- Private balcony
- Communal playground
- Communal terrace
- Fitted wardrobe 
- Floor-to-ceiling windows with a city view
 
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
 
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
 
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.  
 
Financial information
Tenure: Leasehold 
Remaining lease term: 114 years 
Annual ground rent amount: £250
Ground rent review period: 12 years
Annual service charge amount: £2,603.64
Service charge review period: Annually 
Council tax band: C
 
*Financial information correct as of 06/12/2024
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan Energy Certificate
Map
Limehouse (0.16 miles) Westferry (0.44 miles) West India Quay (0.75 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

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

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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.

£126,000
Shared Ownership Resale
Estimated Monthly Cost:£1,492
Rent £639
Service Charge £217
Mortgage £636

Share percentage 30%, full price £420,000, £12,600 Min Deposit. Calculated using a representative rate of 4.59%

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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.