Effra Gardens
£200,000 for a 40% share
Property description
Spacious apartment with views of the O2 and Canary Wharf / would suit sharers Make this home your own, enjoy a £500 B&Q Voucher on completion*
Property address
25 Silvertown Way, London, E16 1RB
2 
2 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £500,000
Share Value (40%): £200,000
Monthly Rent: £578.22
Service Charge: £410.67 (all services currently being provided by HML)
Council Tax Band: D
250 year lease commenced November 2020 - 244 years remaining
EWS1 Certification is available for this property - B1 Rating
Make this home your own, enjoy a £500 B&Q Voucher on completion*
** If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing **
Entering this apartment, you are immediately greeted by a sense of space and light, characteristic of modern apartment living. The large dual aspect open plan living area, lit by floor to celing windows, opens onto a full width, west facing, private balcony, large enough to accommodate dining and relaxation. There are two generous double bedrooms, the master benefitting from both fitted wardrobes and an en-suite shower room. The second bedroom is served by a contemporary 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. Morrisons and Lidl are close by for your weekly shop.
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 £74,519. 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 July 2025.
*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.
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 | £500,000 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £200,000 |
| Monthly Service Charge | £411 |
| Minimum Deposit | £20,000 |
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. Morrisons and Lidl are close by for your weekly shop.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden