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£135,000
Three bedroom apartment in Stepney
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: £540,000
Share Value (25%): £ 135,000
Monthly Rent: £1193.79
Service Charge: £301.13
Council Tax Band: E
125 year lease commenced April 2013 - 113 years remaining
Please note that at the current time, external wall certification (EWS1) is not available for this property - Letter of assurance available for lenders
This spacious apartment offers a dual aspect reception room opening into a private balcony over looking the park, as well as a separate kitchen diner with white units and including integrated appliances. There are three double bedrooms, the largest having fitted storage. The large bathroom and separate cloakroom offer the opportunity to upgrade if required. There is additional storage in the hallway.
Just a short walk from Stepney Green Station, this property is excellently connected, providing easy access to the City, Canary Wharf, and beyond. The area boasts a variety of local amenities, green spaces, and a lively community atmosphere. Located just a short distance from Queen Mary University, this property is also within a 10-minute walk of Mile End Station, offering excellent transport links and easy access to the surrounding areas.
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 £***. 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.
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