Available

£110,000

London E16 2TP, London, , E16 2TP
Share 25% / Full price £440,000 / Min deposit £11,000

Apartment
1 bedroom
1 bathroom

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Summary

Beautiful modern one bedroom apartment with private balcony in a great location.

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

** 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**

Shared Ownership

Full Market Value: £440,000

Share Value (25%): £110,000

Monthly Rent: £807.31

Service Charge: £371.99

Annual Ground Rent £480.00

Council Tax Band: D

125 year lease commenced June 2020 - 119 years remaining

EWS1 - EWS1 certification status for this property is the responsibility of a third party and is currently unknown. More information on EWS1 certificates can be found on the LQ Group website by searching "EWS1"

L&Q welcomes you to view this one bedroom, 2nd floor apartment.

Welcome to this modern apartment set in a great location. The apartment is full of natural light with an open plan aspect. The kitchen is modern and consists of white gloss units and grey brick effect tiling. There is also the benefit of intergrated appliances. There is ample room for a large sofa and dining room table. This area leads onto a private balcony which is great for relaxing or entertaining. The spacious double bedroom has floor to ceiling windows and fitted wardrobes. There is a family bathroom which is stylish and consists of a white three piece suite with shoer over bath.

E16 2TP is a residential postcode on Waypoint Way in the Royal Docks area of London (Newham), primarily consisting of modern flats notably within Spinnaker House. It is a highly connected area near Pontoon Dock DLR, offering quick access to Canary Wharf, London City Airport, and the ExCeL Centre, within a fast-developing, dense, and multicultural neighbourhood. Close to quality restaurants and shops.

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 £62,694. 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 February 2026.

Description

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Material information

Key Information Document Floor plan
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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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Monthly cost calculator
£110,000 Shared Ownership Resale Full price £440,000
Estimated monthly cost £1,725
£

How is this calculated?

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