Caramel Court
£221,000 for a 65% share
Property description
Private Balcony, Good EPC Rating, Long Term Lease
Property address
Caramel Court, 3 Taylor Place, London, E3 2PP
2 
1 Shared Ownership
Shared Ownership
Full Market Value: £340,000
Share Value (65%): £221,000
Monthly Rent: £426.96
Service Charge: £226.25
Council Tax Band: D
125 year lease commenced January 2016 - 115 years remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
Offered for sale is this well presented two bedroom sixth floor apartment. Accessed via a well kept communal entrance, there is a large, open-plan kitchen/living/dining space leading directly on to a private balcony to the rear. There are two bedrooms, in addition to a contemporary family bathroom.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
This apartment is located within easy reach of Bow Road Tube and Bow Church DLR Station offering excellent transport links into the City. Europe's largest shopping centre, Westfield, is only a short walk away, as well as the vibrant Roman Road market and the green spaces of Queen Elizabeth Olympic, Victoria and Mile End Parks.
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 £67,779. 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 March 2025.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £340,000 |
|---|---|
| Minimum Share Percentage | 65% |
| Minimum Share Value | £221,000 |
| Monthly Service Charge | £266 |
| Minimum Deposit | £22,100 |
This apartment is located within easy reach of Bow Road Tube and Bow Church DLR Station offering excellent transport links into the City. Europe's largest shopping centre, Westfield, is only a short walk away, as well as the vibrant Roman Road market and the green spaces of Queen Elizabeth Olympic, Victoria and Mile End Parks.
Others
- Balcony
- Double Glazing
- Lift access
- Pets allowed
Outside space
- Communal Garden