Share Price £106,250 (from 25% Min. Share)

Full Value £425,000 | £5,313 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Newham

place Tucana Heights, 11 Cheering Lane, E20 1BB

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One bedroom apartment for in Stratford


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

 


Description

This outstanding one bedroom apartment located on the eighth floor offers naturally bright interiors with a gorgeous open-plan kitchen, private balcony, large modern bathroom and plenty of storage throughout. There is a secure bicycle room and modern lifts.

Tucana Heights is where an exciting urban lifestyle meets a calm rural retreat, it is perfectly positioned to benefit from all that East Village and the surrounding area has to offer including a host of independent shops, restaurants and bars. Within 5 minutes you will find Westfield which is one of the UK's largest shopping centres.

It is the place where the Olympians from around the world used to live in 2012. There is also a wide range of sporting and leisure facilities in the nearby Queen Elizabeth Olympic Park, including the Olympic Stadium, Velodrome, Aquatics Centre, Better Gym, Copper Box Arena, Here East and Victoria Park.

Stratford station and Stratford International stations are 5 minutes walk away and served by Central Line, Jubilee Line, Overground, DLR, the future Crossrail as well as High Speed trains to Kent and Kings Cross. You will be 1 minute away from modern buildings where dentist, GP, school and nursery are located.


Key Features

  • Stylish One Bedroom Apartment
  • Sleek And Modern Fitted Kitchen
  • Set On The 8th Floor Of A Secure Building
  • 5 Minute Walk To DLR
  • Floor To Ceiling Windows
  • Large Balcony
  • 116 Years Lease Remaining
  • 5 minute walk to Stratford and Stratford International Stations

Download Documents

Link to the floor plan Property price list

Accessibility

A – Wheelchair Accessible Throughout

Meets the design standards from the Wheelchair Housing Design Guide which superseded the Housing Corporation wheelchair design standards. These properties have been designed to meet latest wheelchair accessible housing design standards, offering extra space and full access to all rooms and facilities. This standard provides more space than previous wheelchair housing design guidance and also ensures that all rooms are accessible. In view of the high density of new build housing stock in London, the parking features have been excluded from this category. This will enable wheelchair accessible homes built above ground floor level to be categorised as such.


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Calculate Monthly Cost

Share price
£ 106,250
Min. £106,250
Share percentage
Min. 25%
Your deposit
Min. £5,313
Monthly cost*
£1,269
Cost breakdown
£604
Rent
£136
Service charge
£529
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.