£90,000
A beautiful fourth floor one-bedroom flat with a open plan living-room, kitchen, and balcony
Shared Ownership Scheme
- Your income is £90,000 a year or less.
- You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
- You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
- You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)
Key Features
• Unbeatable Transport: 2-minute walk to Forest Gate Station (Elizabeth Line)
• Spacious layout with Private Outdoor Space: [50 Sqm internal area + Balcony circa.10 Sqm]
• Move-In Ready: Modern open-plan layout with integrated appliances and washer/dryer
• Energy Efficient: EPC Rating B
• Secure & Mortgage-Friendly: EWS1 compliant, long 120-year lease, and peppercorn ground rent
The Property
Situated within the highly desirable Ardisia Mews development, this bright and spacious 50 Sqm one-bedroom flat offers a fantastic opportunity to step onto the London property ladder. The home benefits from large windows that flood the space with natural light, alongside a private balcony – perfect for a morning coffee or relaxing in the evening.
Open-Plan Living & Kitchen The expansive open-plan reception room provides a versatile layout with plenty of space for relaxing, dining, and a dedicated work-from-home setup. The contemporary kitchen is fully fitted with high-specification integrated appliances, ample cupboard space, and sleek worktops, making it an ideal space for everyday living and entertaining guests.
Bedroom & Bathroom The large double bedroom offers a peaceful retreat, featuring built-in wardrobes and ample space for freestanding furniture and a work desk. Across the hallway, the modern family-style bathroom is finished to an exceptional standard with a full-sized bath, an overhead shower, contemporary tiling, and a heated towel rail. Furthermore, two deep hallway cupboards provide excellent additional storage to ensure the flat remains impeccably tidy.
The Local Area: Forest Gate
Ardisia Mews sits in the heart of Forest Gate, one of East London’s most sought-after and well-connected neighbourhoods. This location offers the perfect balance: a trendy, village-like community combined with unbeatable commuter links.
The Lifestyle: A short walk takes you to the popular Winchelsea Road railway arches, a thriving local hub home to independent craft breweries, artisan bakeries, and fantastic eateries. For green space, you are incredibly close to the vast, open expanses of Wanstead Flats—perfect for weekend runs, summer picnics, walking the dog. You can also enjoy several local favourite gastropubs like The Holly Tree or Forest Tavern.
The Commute: The connectivity here is unmatched. You are an effortless 2-minute walk to Forest Gate Station. From here, the Elizabeth Line gets you to Liverpool Street in just 13 minutes, Tottenham Court Road in 17 minutes, and Canary Wharf in around 15 minutes. Wanstead Park station is also just a 5-minute walk away, providing swift Overground connections across London.
Financial & Technical Breakdown
• Full Market Value: £360,000
• Share Percentage: 25%
• Share Value: £90,000
• Monthly Rent: £695.00
• Monthly Service Charge: £152.00
• Lease Remaining: 120 Years
• Ground Rent: Peppercorn
• Council Tax Band: C
- Forest Gate Rail Station (0.1km)
- Wanstead Park Rail Station (0.4km)
- Maryland Rail Station (1.3km)
- Woodgrange Park Rail Station (1.4km)
- Manor Park Rail Station (1.6km)
- Upton Park Underground Station (1.6km)
- Plaistow Underground Station (1.9km)
- Leytonstone High Road Rail Station (2.0km)
- Stratford DLR Station (2.0km)
- Stratford (London) Rail Station (2.0km)