Effra Gardens
£192,500 for a 35% share
Property description
Two bedroom two bathroom apartment in the Brunel Street Works neighbourhood
Property address
Effra Gardens, Heartwell Avenue, Canning Town, E16 1QH
2 
2 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £ 550,000
Share Value (35%): £192,500
Monthly Rent: £ 669.64
Service Charge: £ 416.76
Council Tax Band: D
250 year lease commenced in November 2020 - 246 years remaining
EWS1 Certification is available for this property - B1 rating
This beautifully presented apartment includes an entrance hall with 3 separate cupboards, a large open plan reception room with floor to ceiling windows and access to a private balcony, a built-in fully fitted kitchen with base and wall units, master bedroom with a built-in wardrobe and en-suite shower room, second double bedroom, and contemporary family bathroom.
Effra Gardens are less than a 5 minute walk to Canning Town station for the Jubilee line, DLR and buses for a fast and convenient commute to Canary Wharf, The City and across the capital. Plus just a short walk from Custom House for the Elizabeth line. Enjoy an abundance of shops, cafés, restaurants, leisure activities and entertainment all within easy reach, from Westfield Stratford, the O2, Canary Wharf and the Royal Docks. Residents have a Sainsburys Local located on the ground floor and further amenities are located moments away.
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 £76,635. 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 November 2024.
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 | £550,000 |
|---|---|
| Minimum Share Percentage | 35% |
| Minimum Share Value | £192,500 |
| Monthly Service Charge | £417 |
| Minimum Deposit | £19,250 |
Effra Gardens are less than a 5 minute walk to Canning Town station for the Jubilee line, DLR and buses for a fast and convenient commute to Canary Wharf, The City and across the capital. Plus just a short walk from Custom House for the Elizabeth line. Enjoy an abundance of shops, cafés, restaurants, leisure activities and entertainment all within easy reach, from Westfield Stratford, the O2, Canary Wharf and the Royal Docks. Residents have a Sainsburys Local located on the ground floor and further amenities are located moments away.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden