Available

£145,000

Chopwell Close, London, , E15 4RP
Share 50% / Full price £290,000 / Min deposit £14,500

Apartment
1 bedroom
1 bathroom

L&Q Group
0330 038 6486 Ext 5167
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Summary

One bedroom first floor apartment with allocated parking

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 - £290,000

You pay (50%) - £145,000

Monthly Rent - £203.61

Monthly Service Charge - £146.34

Annual Ground Rent - NIL

990 year lease commenced in April 1988 (951 years remaining)

EWS1- Guidance from the Royal Institute of Chartered Surveyors (RICS) along with government guidance, means that an EWS1 form should not be required for this property. However, we cannot guarantee that Mortgage lenders, brokers and valuers are utilising the same criteria and a lender may request an EWS1 for this property. Please request advice from a mortgage broker when applying for a mortgage.

** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

Welcome to this lovely dual aspect one bedroom home, with allocated parking and in a great location. The well presented apartment is accessed via a spacious hallway with walk in store. A contemporary bathroom and kitchen are to your right. To your left find a spacious bedroom and generous reception room which opens onto a south-east facing juliette balcony.

This apartment is situated in a sought after location close to both the Stratford Centre and Westfield Shopping Centre, with easy access to the City and Docklands. It is within a ten minute walk to the tube, with access to 5 different tube lines, trains and Stratford international station. The local shopping mall with a range of supermarkets, gyms,pharmacies, restaurants and much more is also within a few minutes walk as are both West Ham Park and Stratford Park.

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 £38,145. 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 January 2026.

Description

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Material information

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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.
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£145,000 Shared Ownership Resale Full price £290,000
Estimated monthly cost £1,069
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