2 bedroom apartment for sale

Available

Riverstone Heights, E3 3EA

£126,250 · Shared Ownership New Build

Share percentage 25%, full price £505,000, £6,313 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Pets allowed
Floor plan
floor-plan
Floor plan
floor-plan
£126,250 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £505,000, £6,313 Min Deposit.

Monthly Cost: £1,673
Rent £868, Service charge £176, Mortgage £629*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility

Am I eligible?

Eligibility to buy a home using Shared Ownership at Leaside Lock is governed by the Greater London Authority and the Local Authority Tower Hamlets.

You need to be over 18 and resident in the UK.

Summary

2 bedroom apartment in Bromley-by-Bow

Description

Guinness Homes are delighted to release our latest phase of 2-bedroom Shared Ownership homes in Block C at Leaside Lock, Bromley-by-Bow.

Plot C-6-7 is a stunning two bedroom sixth floor apartment benefiting from a balcony, en-suite to the master bedroom and utility space. Available through Shared Ownership.

Life at Leaside Lock is about balance. It's a place where every day is elevated and lifestyle takes centre stage. Here, there's something for everyone. Enjoy waterside living and take a tranquil stroll by the River Lea, or head to Westfield to enjoy the buzz of one the largest shopping and entertainment destinations in Europe. Leaside Lock is perfectly placed to enjoy London's best bits.

Key Features
  • 2 bedroom sixth floor apartment
  • Balcony from living area
  • En-suite to master bedroom
  • Utility space
  • Open plan kitchen with dining area
  • Integrated Bosch kitchen appliances including fridge/freezer and dishwasher
  • Washer/dryer included
  • Underfloor heating
  • Carpet and flooring provided throughout
  • Superfast broadband
  • Lifts in block
  • Proposed plans for an amenity spaces including workspace and games room

*Images are indicative of 2-bedroom show home. Views of area are taken from C-9-4-& 5 at Leaside Lock's Riverstone Heights. Balcony View of C-7-7. Book a viewing today.

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest. Guinness owns part of it - but you're living there, you decorate it and decide when to sell.

Buying a percentage means a smaller deposit and a smaller mortgage. It's a sooner first step on the ladder for lots of people. Usually, you can carry on buying further shares to own it 100%.

  • Full purchase price: £505,000
  • Monthly rent based on a 25% share: £867.97
  • Estimated monthly service charge: £176.31
  • Minimum share initially available: 25%
  • Maximum share initially available: 75%
  • Staircasing to 100% allowable
  • Tenure: Leasehold
  • Lease term: 990 years
  • Pets allowed
  • Council tax: TBC

Specification:

Kitchen/living room/dining area

Stainless steel Bosch built-in oven with electric hob
Bosch slimline cooker hood in silver
Integrated Bosch fridge/freezer
Integrated Bosch dishwasher
Gooseneck tap in brushed stainless steel
Chicago laminate worktops
Graphite grey kitchen cabinets
Graphite grey splashback over the hob and upstand to kitchen worktop

Bathroom

Back-to-wall WC in white with chromium plated flush plate
Semi-countertop washbasin in white
Double robe hook and heated towel rail
Steel bath in white with glass screen to main bathroom
White resin shower tray to en suite
Bath shower mixer in chrome

Finish

Off-white to living and bedroom wall and doors
Brilliant white eggshell to bathroom walls
Brilliant white to ceilings
Large light grey porcelain tiles to bathroom walls
Ribbed black peak feature wall tile
Natural tile flooring to bathroom in black peak
Avenue Oak laminate flooring to living area and bedrooms
Mode range white switches and sockets
Underfloor heating (except bathrooms)

Guinness will also be offering Help to Buy and Open Market sale homes in future releases through estate agent partner, JLL.

Our Show Home is open to viewings seven days a week upon request - Contact Guinness Homes today to arrange your viewing appointment at Leaside Lock!

*Images in this listing are of a 2-bedroom Shared Ownership show-home (representing plots A-1-2 to A-9-2).
**CGI imagery is indicative only

Particulars

Tenure: Leasehold
Council Tax Band: D

Property Downloads
Floor Plan Brochure
Map
Bromley-by-Bow (0.11 miles) Devons Road (0.42 miles) Bow Church (0.45 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£126,250
Shared Ownership New Build
Estimated Monthly Cost:£1,673
Rent £868
Service Charge £176
Mortgage £629

Share percentage 25%, full price £505,000, £6,313 Min Deposit. Calculated using a representative rate of 3.94%


The Guinness Partnership
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Leaside Lock, Bromley-by-Bow
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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.