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£182,500
Larger than average apartment in quiet gated development
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
SHARED OWNERSHIP
Full Market Value: £365,000
Share Value (50%): £182,500
Monthly Rent: £630.94
Service Charge: £250.17
Council Tax Band: C
125 year lease commenced April 2004 - 102 years remaining
EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this beautifully presented bright and sunny apartment apartment via an entrance hallway with storage. Find two south east facing double bedrooms to your right, the generous master having benefit of a built in wardrobe. The well proportioned open living area opens onto a south east facing full width balcony with a lovely green aspect. The kitchen includes a range of wall wall and base units, with an integrated oven, hob and extractor and spaces for your white goods. A part-tiled family bathroom completes the accommodation, which is complimented with an undercover parking space. The property also has the benefit of air-conditioning which is a great advantage.
There are excellent key transport links with bus stop across the road, two overground lines within a short walking distance and Stratford overground (with many different tube lines) is three bus stops away. Westfield shopping centre is a short distance, as are two mini supermarkets. The East Bank is a twenty minute walk away where West Ham Stadium and Queen Elizabeth Olympic park are situated. Three very good primary schools and nurseries are within walking distance.
Conveniently located on the Elizabeth line and home to one of the largest green areas in London, Forest Gate is the perfect escape from the city, whilst only 20 minutes to Liverpool Street. Wanstead Flats is an open grassland on the edge of Epping Forest. The flat landscape makes it the perfect location for picnics and bike rides. Spend your Saturday browsing Woodgrange Market and grab a fresh pastry and coffee, or choose from a variety of food vendors offering everything from paella to vegan sushi.
The buyer 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 £63,476. If you are offered the home, 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. If you are not registered please visit our website www.lqhomes.com and register to 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 January 2026.
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