London Home Show, September 27th
|

2 bedroom apartment for sale

Available

25 Silvertown Way, London, London, E16 1RB

£200,000 · Shared Ownership Resale

Share percentage 40%, full price £500,000, £20,000 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Communal Garden
Floor plan
floor-plan
Floor plan
floor-plan
£200,000 Shared Ownership Resale

Share percentage 40%, full price £500,000, £20,000 Min Deposit

Monthly Cost: £1,954
Rent £578, Service charge £384, Mortgage £992*

Calculated using a representative rate of 4.42%

Calculate estimated monthly costs

£
Summary

Spacious apartment with views of the O2 and Canary Wharf / would suit sharersMake this home your own, enjoy a £500 B&Q Voucher on completion*

Description

SHARED OWNERSHIP

Full Market Value: £500,000

Share Value (40%): £200,000

Monthly Rent: £578.22

Service Charge: £410.67 (all services currently being provided by HML)

Council Tax Band: D

250 year lease commenced November 2020 - 244 years remaining

EWS1 Certification is available for this property - B1 Rating

Make this home your own, enjoy a £500 B&Q Voucher on completion*

** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing **

Entering this apartment, you are immediately greeted by a sense of space and light, characteristic of modern apartment living. The large dual aspect open plan living area, lit by floor to celing windows, opens onto a full width, west facing, private balcony, large enough to accommodate dining and relaxation. There are two generous double bedrooms, the master benefitting from both fitted wardrobes and an en-suite shower room. The second bedroom is served by a contemporary bathroom.

Effra Gardens are less than a 5 minute 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. Morrisons and Lidl are close by for your weekly shop.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £74,519. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website www.lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.

Key Features
  • Great transport links
  • Communal underfloor heating
  • 24 hour concierge
  • Two communal podium gardens
  • Chain free
  • Ample storage
Particulars

Tenure: Leasehold
Lease Length: 240 years
Council Tax Band: D

Property Downloads
Key Information Document Floor Plan
Map
Canning Town (0.18 miles) Royal Victoria (0.36 miles) East India (0.60 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: No - Garage

Outside Space/Garden: Yes - Communal Garden

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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£200,000
Shared Ownership Resale
Estimated Monthly Cost:£1,954
Rent £578
Service Charge £384
Mortgage £992

Share percentage 40%, full price £500,000, £20,000 Min Deposit. Calculated using a representative rate of 4.42%


Disclaimer
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.