1 bedroom apartment for sale
Raine Street, Wapping, E1W 3AU
Share percentage 35%, full price £440,000, £15,400 Min Deposit.
Share percentage 35%, full price £440,000, £15,400 Min Deposit
Monthly Cost: £1,683
Rent £669,
Service charge £250,
Mortgage £764*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Eligibility
As a guide you will need to have a household income of at least £52,767. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,400. Total approximate savings required £19,400
Important borough specific eligibility criteria
All London applicants will be considered with priority given to people who live/work in the borough.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One bedroom ground floor flat available through shared ownership in Wapping, London E1W. A 35% share for £154,000. Full value for £440,000
Description
A stylish and well-presented one-bedroom apartment located in a sought-after modern development in the heart of Wapping.
The building has a flat roof. A lift services all floors. The flat is on the ground floor.
On site gym, 24 hrs concierge.
Compass House forms part of the prestigious 21 Wapping Lane development and is
perfectly situated for those needing excellent transport links, with Wapping Overground Station only 0.2
miles away, providing quick and easy access to the City, Canary Wharf, and beyond. Local
amenities such as Waitrose supermarket and the vibrant St Katharine Docks, known for
its variety of bars and restaurants, are just a short walk away.
This apartment is ideally located within Compass House, part of the prestigious 21 Wapping Lane development. The property benefits from high-spec interiors, a private balcony, 24-hour concierge service, on-site gym, and excellent transport connections. Perfect for professionals or first-time buyers looking for central London living with riverside charm.
Key Features
Accommodation
The gross internal floor area amounts to approx. 48m².
The accommodation comprises:
• Entrance hall with storage
• Open plan kitchen, lounge
• 1 bedroom
• Bathroom with integral bath/shower
Bright open-plan living and dining space with modern fitted kitchen and integrated appliances (Bosch). Contemporary bathroom with full-size bath and overhead shower. Private balcony providing outdoor space to relax or entertain
3.30 Outside
• Small Private Balcony
• No Parking
• Bike shed
Residents benefit from close proximity to scenic Thames walks, the historic Tobacco Dock, Tower of London and Tower Bridge a few minutes’ walk away and Wapping’s village feel—while still being just minutes from The City and Canary Wharf. Supermarket (Waitrose, Sainsburys), cafes, pubs, and riverside restaurants are all within walking distance.
Particulars
Tenure: Not specified
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 35%, full price £440,000, £15,400 Min Deposit. Calculated using a representative rate of 4.42%
