1 bedroom apartment for sale
Hudson Building, E15 1GT
Share percentage 35%, full price £450,000, £15,750 Min Deposit.
Share percentage 35%, full price £450,000, £15,750 Min Deposit
Monthly Cost: £1,685
Rent £711,
Service charge £179,
Mortgage £795*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Purpose built apartment close to Westfield Shopping Centre
Description
SHARED OWNERSHIP
Full Market Value - £450,000
You Pay (35%) - £157,500
Monthly Rent - £711.25
Service Charge - £178.81
125 year lease commenced June 2018 - 118 years remaining
EWS1 Certification is available for this property - A2 rating
Enter this well presented apartment via a spacious hallway with two large cupboards. The generous open plan living area, which includes a high specification kitchen, opens onto a larger than average south facing private terrace overlooking the communal garden. The double bedroom includes built in wardrobes and a contemporary family bathroom completes the accommodation.
The Hudson Building is located just moments from Stratford Station with Underground, Overground and DLR services, including the Elizabeth Line. The City, Canary Wharf and the West End are all within 20 minutes and Stansted Airport is less than an hour away. The local High Street features an array of shops, restaurants and large supermarkets, and the Westfield shopping centre can be reached in 5 minutes. East Village, with its delis, cafes and bars, is just a short stroll away and the beautiful green spaces of the Olympic Park and Victoria Park are also within easy reach.
You will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £63,035 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. Please visit our website www.lqhomes.com to register and obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2025.
Key Features
- Great location with excellent transport links
- Integrated appliances
- Communal garden including children's playground
- Communal heating system
- Secure cycle storage
- Large private terrace
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual 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: n/a
Outside Space/Garden: Yes - 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 35%, full price £450,000, £15,750 Min Deposit. Calculated using a representative rate of 4.59%
