Effra Gardens

SHARED OWNERSHIP

Full Market Value:  £ 600,000

Share Value (25%):  £150,000

Monthly Rent:         £ 810.89

Service Charge:      £ 461.50

Council Tax Band: D

250 year lease commenced in November 2020 - 245 years remaining

EWS1 Certification is available for this property - B1 rating

For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this apartment*

Enter into this beautifully presented dual aspect apartment directly into an exceptional open plan reception room with floor to ceiling windows and access to a private east facing balcony.   The kitchen includes integrated appliances.  A third bedroom/study leads directly from the main reception as does the contemporary family bathroom.  At the western end of the apartment find a walk-in wardrobe and two double bedrooms, the master with en-suite shower room and mirrored wardrobes.

This apartment also comes with its own underground parking pace with charging capabilities as well as bicycle storage and additional local parking nearby.  There is programmable underfloor heating throughout and a communal hot water system. 

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 next door 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 £75,415 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 February 2025.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, 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 or L&Q 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 resales shared ownership property.

This is an indication of how much these apartments might cost.

For more detailed information please register your interest in this property.

Effra Gardens is 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 next door and further amenities are located moments away.

Others

• Balcony
• Central heating
• Double Glazing
• Lift access

Outside space

• Communal Garden

Parking

• Underground parking

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