1 bedroom apartment for sale
Tyburn Gardens - Plot D.0222, E16 1EA
Share percentage 25%, full price £387,500, £4,844 Min Deposit.
Share percentage 25%, full price £387,500, £4,844 Min Deposit.
Monthly Cost: £1,411
Rent £509,
Service charge £350,
Mortgage £552*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
Monthly cost from £1,353! Why spend on just rent when you could be a Shared Owner for less. Ready to move into.
Description
Put a spring in your step and a foot on the property ladder.
Reserve your new Shared Ownership home between 1 - 30 April with only a£99* reservation feeand receive up to £5,000 towards your buying costs * when you quote 'London Home Show'* to our sales team.
Prices from £96,875** for a 25% share.
Make your move with L&Q
Tyburn Gardens - Plot D.0222
Ready to move into, 1 bedroom 2nd floor apartment just minutes from Canning Town station for Jubilee Line & DLR.
Offering 53.9 sq.m of internal floor area with outdoor space. Available with just 5% deposit. Ready to move into.
Contact a member of our sales team now to view our show homes.
£96,875 for a 25% share of £387,500 and a deposit as low as £4,844. Minimum income of £47,210
Full Market Value: £387,500
Shared Value (25%): £96,875
Minimum deposit: £4,844
Required income: £47,210
Rent pcm: £509
Council tax band: TBC
L&Q at Brunel Street Works offers stylish 1 and 2 bedroom homes available with Shared Ownership in Canning Town.
Following an impressive regeneration programme Canning Town is fast becoming East London's latest hot-spot, the destination of choice for city professionals and first time buyers alike.
Benefit from great transport connections on your doorstep. Less than a 5 minutes walk to Canning Town station for the Jubilee line, DLR and buses for a fast and convenient commute to Canary Wharf, The City and across the capital. Plus just a short walk from Custom House for the Elizabeth line. Enjoy an abundance of shops, cafés, restaurants, leisure activities and entertainment all within easy reach, from Westfield Stratford, the O2, Canary Wharf and the Royal Docks.
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.
*Offer is subject to an affordability assessment. Incentive terms and conditions apply. For full terms and conditions, visitlqhomes.com/terms-and-conditions/.L&Q Shared Ownership terms and conditions apply. Please visitlqhomes.com/shared-ownershipfor more info. **Prices correct at time of print. £96,875 for a 25% share at L&Q at Brunel Street Works. Full market value of £387,500. Images for illustrative purposes only. April 2024.
Key Features
- Up to £5,000 towards buying costs & just £99 reservation fee in April* T&C's apply
- READY TO MOVE INTO
- Available with just 5% deposit
- High specification kitchen with integrated appliances
- Underfloor heating
- Private balcony
- Landscaped podium garden
- Less then 5 minute walk to Canning Town station for the Jubilee Line & DLR
- Short walk to Custom House for the Elizabeth Line
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: Not specified
Property Downloads
Floor PlanVirtual Tour
Map
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 £387,500, £4,844 Min Deposit. Calculated using a representative rate of 5.26%
