Available

£65,000

Abbotts Wharf, Stainsby Rd, London, London, E14 6JL
Share 25% / Full price £260,000 / Min deposit £6,500

Apartment
1 bedroom
1 bathroom

L&Q Group
0330 038 6486 Ext 5167
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Description

SHARED OWNERSHIP

Full market value - £260,000

You pay (25%) - £65,000

Monthly rent - £813.08

Service charge - £294.98

Annual Ground Rent - £250.00

Council Tax Band - C

125 year lease commenced in January 2016 (116 years remaining).

EWS1 Certification is available for this property - A1 Rating: We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

L&Q welcomes you to view this one bedroom, 1st floor apartment.

This apartment consists of an open-plan kitchen and living area, opening out onto a private balcony with canal views. The kitchen is fitted with light wood effect wall and base units, with a light wood effect worktop and white tiling. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan. One double bedroom benefits from a built-in wardrobe. The bathroom comes complete with a new modern white three-piece suite with a shower over the bath, and grey tile surround. New carpet throughout hallway, bedroom and living area.

Abbott's Wharf is just half a mile from Westferry Road DLR Station which offers good links to the City and Canary Wharf and less than a mile from Mile End station, giving access to the District, Central, and Hammersmith & City lines. The development has many nearby amenities including Crisp Street market. This property is right next to a TFL city bike hire station. This, together with the canal path, allows you to reach places like Stratford or Tower Bridge fast & with a nice journey.

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 £54,813. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for our schemes. To register, please visit our website - www.lqhomes.com

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.

*The £500 Amazon voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

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L&Q Group
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.
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£65,000 Shared Ownership Resale Full price £260,000
Estimated monthly cost £1,417
£

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