Share percentage 25%, full price £510,000, £6,375 Min Deposit.
Monthly Cost: £1,708
Rent £877, Service charge £175, Mortgage £656*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
Shared Ownership Scheme
You may be eligible for this property if:
- The household income must be £90,000 a year 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.
- Must be able to purchase a minimum share of 25% up to 75%
(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 will need to sell any existing property owned before buying through the shared ownership scheme.
3 bedroom apartment @ The Grove
WELCOME TO THE GROVE
AVAILABLE TO VIEW - Official Launch date 23/04/2022
E7 – Forest Gate
A fantastic opportunity to view these brand new Shared Ownership apartments at THE GROVE.
This beautiful unique development consists of modern one, two & three bedroom apartments each with their own private outdoor space including views overlooking the London Sky Line.
The development also benefits from its own interlinked courtyardsand offers convivence, connectivity & much more for first time buyers to young families etc.
Living at the Grove means having frequent rail & bus services just around the corner, easy access to the nearby A12 & motorways and the option of being part of an on site car-club.
Each new home has been designed with flowing, light-filled layouts and finished to a high specification to meet your every comfort which provides a modern, contemporary feel - perfect for relaxed living.
Reservation deposits are only £250* to reserve your dream home.
To receive more information and to book your viewing slot please call or email to register your interest on
0203 376 6455
*(The reservation deposit counts towards your purchase and will be taken off your completion statement)
Forest Gate offers a wealth of places to shop, cafes, local pubs, restaurants for all.
Living at The Grove means having frequent rail services just around the corner. Trains run from Forest Gate station, a two-minute walk away, into Liverpool Street and Underground connections via the Central, Hammersmith & City, and District Lines in just 15 minutes. Stratford is even quicker, a four-minute hop to one of London's most dynamic new centres for work and leisure. It means The Grove offers the opportunity for a work-life balance few can match.
Also, the new Crossrail is due to open in May 2022.
The Elizabeth line will transform the accessibility of the transport network for passengers across London and the south east.The transformational railway will reduce journey times, create additional transport capacity, improve accessibility and provide a huge economic boost to the capital and beyond.
More information can be found here:https://www.crossrail.co.uk/
Symphony Woodbury Range ‘Gloss platinum’ units with polished chrome handles
Symphony ‘Dark ash’ laminate worktop
Zanussi integrated fridge/freezer
Zanussi integrated oven in tall unit or under hob
Zanussi ceramic 4-ring hob
Zanussi integrated dishwasher
Zanussi free-standing washer/dryer
Zanussi integrated stainless steel microwave
Blanco 1 ½ bowl sink or Blanco Classic main bowl
Blanco Trim chrome tap
Symphony Woodbury ‘Chalk white’ glass splashback
Symphony LED strip lighting
Smeg extractor hood
Bathroom & En-Suites
Ideal Standard back-to-wall toilet with soft close lid and chrome finish flush plate
Ideal Standard Concept Cube basin with Hansgrohe mixer tap
KALDEWEI Eurowa bath (where applicable)
Hansgrohe bath mixer tap (where applicable)
Hansgrohe Croma shower kit and Merlyn hinged shower screen (where applicable)
Hansgrohe mixer shower control
Draks vanity top in ‘Egger Black Havana Pine’ with under basin box
Chrome plated steel toilet roll holder
Anti-slip ceramic wall and floor tiles by GEMINI in ‘Concrete’
Heated towel rail
Draks bespoke mirror unit provided to main bathroom
Heating, Electrical & Lighting
White finish sockets and switches
BT master point in each unit
Multimedia including TV point in each unit
Video door entry handset to each unit
Light to balconies/terraces (where applicable)
Amtico wood effect luxury vinyl tiling to the kitchen, living room and hallway
Kingsmead carpet Pennine Twist – Cloud to bedrooms
Fitted wardrobes with mirror doors, full length shelf and hanging rail
Walls, ceilings and joinery finished in Crown Trade, White paint
Stainless steel door hardware
Tenure: Not specified
Council Tax Band: Not specified
Property DownloadsFloor Plan Brochure
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- 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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £510,000, £6,375 Min Deposit. Calculated using a representative rate of 4.24%