Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Apartment
3 bedrooms
Not specified
1/20
Available
£141,250
Lock Apartments, 21 Gillender Street, E3 3YH
Share 25% / Full price £565,000 / Min deposit £14,125
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
Shared Ownership Resale
Shared Ownership Resale is an affordable homeownership scheme where you purchase a share of a property and pay discounted rent on the remainder to a housing provider. Over time, you have the option to buy more shares and, in most cases, can staircase to 100% ownership. Learn more about Shared Ownership
A brand-new 3-bedroom apartment with a cinema room, concierge, a private balcony and a 900-year lease is available now!
Eligibility
You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property.
Description
Property reference number: 1639155
This stunning 3-bedroom apartment with premium amenities including a 24-hour concierge service and a cinema room is available now in Bromley-By-Bow.
A modern and contemporary 3-bedroom apartment with private balcony benefitting from river views located just a short walk from Devon's Road DLR Station. There are a variety of local amenities to choose from with Tesco & Sainsburys for groceries nearby, as well as an abundance of shops, bars and cafes just a stone's throw away.
Benefitting from a serene setting with the apartment located next to the River Lea to enjoy those peaceful riverside walks. Get into Canary Wharf in only 7 minutes with excellent transport links, including on the DLR from Devons Road station, ensuring swift access to central London. Reach iconic landmarks within minutes, making commuting a breeze and weekend adventures endless. Embrace a lifestyle where convenience meets culture.
Key Features: - 3 Bedrooms - En suite and built-in wardrobe to bedroom 1 - Private balcony with a river view - Open plan living/dining room and kitchen - Fitted kitchen with integrated oven and Induction hob with extractor above - Fridge/freezer, dishwasher, and washer-dryer in utility cupboard - Fob access control to main entrance lobbies and communal areas - Cinema room and rooftop access - 24-hour concierge service - 6-minute walk to Bromley By-Bow Station - 8-minute walk to Davens Road DLR station
Financial information Tenure: Leasehold Remaining lease term: 995 years Annual ground rent amount: 0 Ground rent review period: N/A Annual service charge amount: £4,410.48 Service charge review period: Annually Council tax band: E
You can add locations as 'My Places' and save them to your account. These are locations you wish to commute
to and from, and you can specify the maximum time of the commute and by which transport method.
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.
This calculator gives an estimate on the total monthly cost of mortgage, rent and service charge whenever applicable
£141,250
Shared Ownership Resale
Full price £565,000
Estimated monthly cost£2,164
Rent£1,095
Service charge£368
Mortgage£701
Calculated using a representative rate of 4.42%
Share
Deposit
£
How is this calculated?
How is this calculated?
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.
Send enquiry to the seller
Your property enquiry has been submitted to Peabody New Homes.
Next steps
You can check and update your enquiry in the 'My Account' area.