1/28
£148,500
One bedroom apartment in the Silk Quarter, next to the hospital.Get a £500 Amazon voucher to help with your move to this apartment* T&Cs apply.
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 - £495,000
You pay (30%) - £148,500
Monthly Rent - £696.57
Monthly Service Charge - £380.29
Annual Ground Rent - £0
990 year lease commenced in January 2019 (982 years remaining)
EWS1 Certification - A1 rating
The modern interior of this beautifully presented bright and airy home maximises light and space. The large reception room opens onto a private west facing balcony, which is large enough to both relax with friends and to dine. A contemporary kitchen comes complete with integrated appliances. Additionally there is a generous double bedroom with fitted wardrobes that opens onto juliet balconies. A fully tiled bathroom completes the accommodation.
The Silk Quarter is located just minutes away from the best of London, from the big city business of Canary Wharf and the Square Mile, to the hot spots of Brick Lane and Shoreditch, providing the perfect balance between work and play. Local amenities are abundant, from day-to-day needs such as supermarkets and essential services, to unique open spaces and cafés, bars and restaurants that suit every palate.
Whitechapel station is located less than half-a-mile away providing connections to the London Overground, District and Hammersmith & City and Elizabeth lines This means commutes to both Canary Wharf and the City are less than 20 minutes and there are fast journey times to Stratford International King's Cross St Pancras and Heathrow.
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 £64,918. 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 of April 2026.
*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1 bedroom resales Shared Ownership apartment. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.
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.