Share Price £112,500 (from 25% Min. Share)

Full Value £450,000 | £5,625 Min. Deposit

Scheme: Shared Ownership

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LUX at Leven Wharf - 2 bed apartment in Tower Hamlets

place Leven Road, E14 0LL

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Lux at Leven Wharf - 8th Floor Shared Ownership New Build Apartment


Eligibility

You may be eligible for this property if:

- The gross household income is £90,000 per annum or less.
- You are a first-time buyer, you used to own a home but can’t afford to buy one now, or are an existing owner looking to move.
- You must be able to purchase a minimum share of 25% (options to staircase to 100% ownership can be explored one year after completion)
- You do not own any other property within the UK or over seas.
- You do not already own a home or you will have sold your current home before you purchase or rent.


Description

AVAILABLE TO VIEW NOW!

Reserve for just £99 & receive One year of service charges for free!

A well presented development with two bedroom apartments available now under the Shared Ownership Scheme.

These Shared Ownership apartments are a fantastic opportunity for first time buyers to purchase their first home.

This beautiful unique development consists of modern one and two bedroom apartments, with private outdoor space and wonderful views overlooking the London Sky Line.

Each new home has been designed to meet your every comfort and provides a modern, contemporary feel - perfect for relaxed living.

Specification listed below.

This development is not restricted to the borough and is open to the whole of London to apply.

Reservations are subject to only a £99 reservation deposit.

(This reservation deposit counts towards your purchase and will be taken off your completion statement)

To receive more information and to book viewing please call or email to register your interest on 0203 376 6455.


Key Features

Local area information:

LUX at Leven Wharf is situated next to the River Lea with new beautiful riverside walks and cycle paths.

Just north of the docklands and two kilometres east of the City, Leven Wharf is at the heart of a superbly positioned residential area.

Transport/Local Area:


Langdon Park DLR - 14mins walk (0.4miles) / East India Dock DLR 15mins walk (0.4miles) / Bromley-by-bow Underground station 18mins walk (0.7miles)

Specification:

11x two bedroom apartments available

Kitchen:

Grey high-gloss kitchen units

Black worktops with upstands

Integrated Zanussi fitted appliances including oven, hob, hood, washer/dryer, fridge/freezer

Stainless steel sink with chrome single lever monobloc tap

Low voltage downlights

Living Area:

Kardea-wood effect flooring

TV Aerial socket including FM/satellite/terrestrial/telephone socket for satellite

Telephone master socket

Low voltage downlights

Bedrooms:

Grey fitted carpet

TV aerial socket including FM/satellite/terrestrial (bedroom 1)

Telephone extension (bedroom 1)

Low voltage downlights

Bathrooms:

White steel bath with pop-up waste and bath filler

Wall-hung basin with monobloc tap and pop-up waste

Wall-mounted shower column with rain head and hand-shower fitting

Clear glass bath screen with chrome frame

Concealed cistern and floor mounted white ceramic pan and push-plate flush

Ceramic tiled floors

Full height ceramic tiling around bath

Shaver socket

Electric heated towel rail

En Suite: (if applicable)

Wall-hung basin with monobloc tap and pop-up waste

Wall-mounted shower column with rain head and hand-shower fitting

Concealed cistern and floor mounted white ceramic pan and push-plate flush

Clear glass bath screen with chrome frame

Ceramic tiled floors

Full height ceramic tiling to walls to wet areas

Low-level shower trays

Shaver shocket

Electric heated towel rail

Heating:

Wall-hung radiators

All apartments served by centralised, high efficiency gas boiler system using the latest technology

Warranty:

All properties come with a 10-year Premier Guarantee structural warranty: www.premierguarantee.co.uk


Download Documents

Link to the floor plan Property brochure 1 Energy Certificate

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 112,500
Min. £112,500
Share percentage
Min. 25%
Your deposit
Min. £5,625
Monthly cost*
£1,464
Cost breakdown
£773
Rent
£130
Service charge
£561
Mortgage*
Calculated using a representative rate of 3.94%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.