1/11
£198,000
Shared Ownership Scheme
You may be eligible for this property if:
- Your income is £90,000 a year or less.
- You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
- You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
- You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)
Full Market Value: £495,000
Shared Ownership Share Available: 40% (£198,000)
Available through the Shared Ownership scheme or for 100% purchase
This generously sized two-bedroom ground-floor apartment, spanning approximately 77 square meters, offers a perfect blend of comfort, practicality, and accessibility. Located in the vibrant area of E1 (Tower Hamlets), this well-loved home is ready for your personal touch and creative updates.
Key Features:
- Generous Living Area: Spacious and ideal for modern living
- Private Enclosed Terrace: Perfect for enjoying your morning coffee or creating a garden oasis
- Allocated Parking Space: Convenience right at your doorstep
- Wheelchair Adapted: With adjustable countertops for enhanced accessibility
- Modern Appliances: Relatively new fridge/freezer and washing machine included
- Fully Equipped Kitchen: Gas hob with extractor and built-in oven
Ideal Location:
- Less than a 10-minute walk to Stepney Green Station (District and Hammersmith & City lines)
- Less than a 15-minute walk to Limehouse DLR Station
- Surrounded by multiple green spaces, including Shandy Park, Stepney Green Park, and Mile End Park, all within a 10-minute walk
Rental, Service Charge & Soma:
- Monthly Rental: £538.67
- Monthly Service Charge: £142.02
- Monthly Soma: £29.82
Why This Home?
This property offers an excellent opportunity for first-time buyers, young families, or investors looking to step into the bustling East London property market. With a bit of TLC and a modern update, it has the potential to be transformed into your dream home.
Don't miss this chance to own or invest in a fantastic home in one of East London’s most vibrant and well-connected neighbourhoods!
Contact us today to arrange a viewing and explore this wonderful opportunity!
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