Share percentage 25%, full price £350,000, £4,375 Min Deposit.
Monthly Cost: £1,203
Rent £602,
Service charge £151,
Mortgage £450*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
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
Plot B-2-6 is a wheelchair adaptable one bedroom home in Bromley-by-Bow, available through shared ownership. Apply today!
Description
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.
Other information
- Full purchase price: £350,000.00
- 25% share price: £87,500.00
- Monthly rent based on a 25% share: £601.56
- Estimated monthly service charge: £150.94
- Minimum share price: 25%
- Maximum share price: 75%
- Staircasing to 100% allowed
- Lease term: 988 years remaining
- Pets allowed
- Council tax: band C
Key Features
- 1 bedroom second floor apartment
- Wheelchair adaptable home
- Wardrobe space in bedroom
- Bedroom 4.59m × 3.01m
- Open plan kitchen with dining area
- Utility room
- Integrated Bosch kitchen appliances including fridge/freezer and dishwasher
- Stainless steel cooker, hob and extractor
- Washer/dryer included
- Underfloor heating
- Carpet and flooring provided throughout
- Superfast broadband
- Lifts in block
- Shared courtyard and proposed plans for a café, convenience store, cycle storage & gym
- 3 lifts in block
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 Homes also offer Open Market sale homes 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!
*Internal 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: C
Property Downloads
Floor Plan Brochure Energy CertificateMap
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 £350,000, £4,375 Min Deposit. Calculated using a representative rate of 4.24%
