1 bedroom apartment for sale
305 Kingsland Road, Kingsland Wharves, , E8 4EG
Share percentage 30%, full price £430,000, £12,900 Min Deposit.
Share percentage 30%, full price £430,000, £12,900 Min Deposit
Monthly Cost: £1,466
Rent £660,
Service charge £166,
Mortgage £640*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
Summary
Fabulous location and a south east facing balcony.Make this home your own, enjoy a £500 B&Q Voucher on completion*
Description
SHARED OWNERSHIP
Full market value - £430,000
You pay (30%) - £129,000
Monthly Rent - £660.27
Monthly Service Charge - £304.98
Annual Ground Rent - £100
125 year lease commenced in April 2012 (111 years remaining)
EWS1 - Remediation works covered by the Government's Non-ACM Building Safety Fund now completed and awaiting certification
All rooms lead from a central hallway in this modern triple aspect apartment. The light and bright and well proportioned dual aspect open plan living area, including a contemporary kitchen with integrated appliances, opens onto a private south east facing balcony. A generous dual aspect double bedroom, with fitted storage, and a family bathroom, complete the accommodation.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof
Commercial Wharf is set on Kingsland Road and is conveniently located for Haggerston Overground (0.1m) and the many bus routes serving Liverpool Street and the City can be found on Kingsland Road. The extensive selection of shops, bars & restaurants found in Shoreditch (1.1m), Dalston (0.5m) and Haggerston are also within easy reach. Regents Canal offers a scenic route across London along one of its most famous waterways which is breathtaking all year round.
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 £71,617. If you are offered the property, 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 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 at July 2025.
*The £500 Amazon 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 October 2025, and then completes on the sale before 31st January 2026. 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
- Good location
- South east facing balcony
- Ample storage
- Communal heating
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: C
Property Downloads
Key Information Document 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: 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
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 30%, full price £430,000, £12,900 Min Deposit. Calculated using a representative rate of 4.42%