Available

£122,500

24 Madeira Street, London, , E14 6TS
Share 25% / Full price £490,000 / Min deposit £12,250

Apartment
2 bedrooms
2 bathrooms

L&Q Group
0330 038 6486 Ext 5167
Sign in to enquire

Monthly cost calculator


Summary

Two bedroom, two bathroom apartment in popular location - suit sharers

Eligibility

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.

Description

SHARED OWNERSHIP

Full Market Value: £490,000

Share Value (25%): £122,500

Monthly Rent: £937.77

Service Charge: £314.71

Council Tax Band: D

125 year lease commenced November 2014 - 113 years remaining

EWS1certification is available for this property - B1 rating.

This modern dual aspect first floor apartment is accessed via a spacious central hallway wiht utility cupboard/store. To your left are two west facing double bedrooms, the master having beneift of an en-suite shower room and fitted wardrobe. A contemporary family bathroom serves the second bedroom. The open plan living area faces east and gives access to a full width private secluded balcony with views across the local park. A modern kitchen includes fully integrated appliances.

Chorley Court is part of the Lansbury Square development and includes a stunning communal roof terrace with views across London, 12-hour concierge, residents' gym and cycle storage. The property is within walking distance of numerous green spaces including Langdon Park as well as Bartlett Park. The close-by Limehouse Cut Canal also offers walks along the canal route to Limehouse in one direction and Bromley-By-Bow to Hackney Wick in the other. There are also local schools, nurseries, and supermarkets.

Langdon Park DLR station is just a few minutes away, It's just 7 minutes to Canary Wharf, with easy connections to the Elizabeth Line, Jubilee Line, and giving fast access to The City and Bank in around 15 minutes.

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 £66,955. 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 December 2025.

Description

Property information & downloads

Key features

Material information

Key Information Document Floor plan
Local area information
My Places Include travel time from key places

You can add locations as 'My Places' and save them to your account. These are locations you wish to commute to and from, and you can specify the maximum time of the commute and by which transport method.

L&Q Group
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.
Sign in to enquire
Monthly cost calculator
£122,500 Shared Ownership Resale Full price £490,000
Estimated monthly cost £1,861
£

How is this calculated?

Send enquiry to the seller