Share Price £102,500 (from 25% Min. Share)

Full Value £410,000 | £10,250 Min. Deposit

Scheme: Shared Ownership

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Brunel Street Works - 1 bed apartment in Newham

place Silvertown Way, Canning Town, E16 1EA

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1 bedroom apartment available for £102,500 in Canning Town! Reserve this property by 31 July to receive a bespoke interior design package worth up to £3,000!*


Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.

Description

1 bedroom apartment available for £102,500 in Canning Town!Reserve with only a £99 reservation fee!*

Reserve this one bedroom apartment before 31 July to receive a bespoke interior design package worth up to £3,000*... contact a member of our sales team to find out more.

Effra Gardens - Apartment 405

1 bedroom 4th floor apartment offering 56 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

Available to purchase with Shared Ownership, buyers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

£102,500 for a 25% share of £410,000 and a deposit as low as £10,250 and a minimum income of £41,469.

L&Q at Brunel Street Works is the gateway to a bold new future for Canning Town boasting 167 beautiful new homes available through Shared Ownership. This pioneering vibrant new neighbourhood sits on the doorstep of Canning Town and leads a £3.7 billion regeneration programme bringing new homes, public spaces, restaurants & cafés, shops and creative workspaces to this well located area of London within a short walk of the Royal Docks.

Brunel Street Connections

You're never far away with Brunel Street Works, with some of the fastest connections the capital offers to London's top destinations.

Canning Town Station sits on your doorstep and offers a five minute commute to Canary Wharf giving you plenty of time for a leisurely breakfast. The City, London Bridge and Westminster can all be reached in fifteen minutes or less and just six minutes takes you to Stratford for retail therapy at Westfield or a stroll through nature in the Queen Elizabeth Olympic Park. With both the Emirates Airline and the Jubilee Line providing direct connections, Greenwich is as little as two minutes away so you never need to be late for a night out at the O2.

Due in 2021*, the Elizabeth Line arrives at Custom House and for less than a mile's walk you'll be able to board brand new trains providing the fastest connections to Central London, The West End and beyond to Heathrow. Or if you're in the mood for a weekend getaway, London City Airport is only six minutes by DLR so you can pack your bags and be at the gate in moments.

Viewings

For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public.

*Terms and conditions apply.


Key Features

  • Excellent views over the 02 Arena, River Thames and Canary Wharf
  • Excellent rail links with Canning Town station just a few minutes away plus quick access to Canary Wharf, Bank, London Bridge & London City airport
  • 24 hour concierge service
  • Landscaped podium and roof terrace
  • Spacious, beautifully designed interiors with integrated appliances

Download Documents

Link to the floor plan Property brochure 1 Property brochure 2
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Calculate Monthly Cost

Share price
£ 102,500
Min. £102,500
Share percentage
Min. 25%
Your deposit
Min. £10,250
Monthly cost*
£1,209
Cost breakdown
£589
Rent
£168
Service charge
£452
Mortgage*
Calculated using a representative rate of 3.29%
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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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.