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£189,000
Good Length of LeasePrivate BalconyGreat Location
You can apply to buy the home if all of the following apply:
- your household income is £90,000 or less
- you cannot afford all of the deposit and mortgage payments to buy a home that meets your needs
One of the following must also be true:
- you're a first-time buyer
- you used to own a home but cannot afford to buy one now
- you're forming a new household - for example, after a relationship breakdown
- you're an existing shared owner, and you want to move
- you own a home and want to move but cannot afford to buy a new home for your needs
If you own a home, you must have completed the sale of the home on or before the date you complete your shared ownership purchase.
As part of your application, your finances and credit history will be assessed to ensure that you can afford and sustain the rental and mortgage payments.
Shared Ownership
Full Market Value: £420,000
Share Value (45%): £189,000
Monthly Rent: £717.76
Service Charge: £306.43
Annual Ground Rent £100
Council Tax Band: E
250 year lease commenced December 2020 - 245 years remaining
EWS1 - EWS1 Certification is available for this property - (B1)
L&Q welcomes you to view this one bedroom, 1st floor apartment.
The buyer will require a deposit to obtain a mortgage for this property.
Welcome to this modern apartments which is in a great location close to local amenities and public transport. On entering the apartment you lead into the open plan living aspect consisting of kitchen/reception room. This area is spacious, bright and airy with ample room for a good sized dining room table and sofa. The kitchen consists of modern grey gloss units with the benefit of intregrated appliances. This open-pan area leads onto a private balcony which is good for relaxig and entertaining. The double bedroom is full of natural light with floor to ceiling windows and fitted wardrobes. There is a beautiful family bathroom which consists of a white three piece suite with shower over bath. The block also boasts a communal roof terrace offering stunning city views.
Ensign Street, E1, is a street in the Tower Hamlets district of East London, bordering the City of London and near St Katharine Docks, Wilton's Music Hall, and the Tower of London.
Ideally located between Aldgate, Aldgate East, and Tower Hill stations, this property offers unbeatable transport links and easy access to the best of the capital. Enjoy a wealth of nearby amenities, from supermarkets and trendy restaurants to bars and entertainment venues. Just moments from the scenic St Katharine Docks and the River Thames, you can unwind with picturesque riverside walks right on your doorstep. This flat combines the convenience of central London living with a touch of tranquility by the water - perfect for professionals or anyone seeking the ultimate urban lifestyle.
To meet the requirements for this property we require as a guideline, a minimum household income of £69,704. 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 November 2025.
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