Effra Gardens
£98,750 for a 25% share
Property description
Spacious Apartment, Private Balcony, Long Lease.
Property address
Heartwell Avenue, Canning Town, E16 1QH
1 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £395,000
Share Value (25%): £98,750
Monthly Rent: £513.71
Service Charge: £368.80
Annual Ground Rent: N/A
Council Tax Band: C
250 year lease commenced November 2020 - 244 years remaining
EWS1 Certification is available for this property - B1 rating
Enter this well presented and spacious one bedroom apartment via a hallway, with good storage, which leads past a modern kitchen fitted with high gloss units and includes fully integrated appliances, into the reception area, which in turn opens onto an east facing private balcony. Opposite the kitchen is an ideal nook for a home office. The generous double bedroom features a dressing area with fitted wardrobe and also has a window overlooking the balcony. A contemporary bathroom completes the accommodation.
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 £49,702. 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 2026.
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 | £395,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £98,750 |
| Monthly Service Charge | £369 |
| Minimum Deposit | £9,875 |
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
Heating
- Double Glazing