Lace House
£176,750 for a 35% share
Property description
Private balcony, Good EPC Rating, Long Term Lease
Property address
Pamela Street, London, E8 4FL
1 
1 Shared Ownership
Shared Ownership
Full Market Value: £505,000
Share Value (35%): £176,750
Monthly Rent: £974.23
Service Charge: £200.36
Council Tax Band: C
125 year lease commenced December 2016 - 116 years remaining
EWS1 Certification is available for this property - B1
L&Q welcomes you to view this one bedroom, fourth floor apartment.
This stylish and spacious one-bedroom flat boasts a generous 20m² private terrace, perfect for outdoor living. It is situated on the fourth floor of a modern development, ensuring plenty of natural light and fantastic rooftop views. The reception/dining area flows seamlessly into an open-plan kitchen with integrated appliances. The large double bedroom features built-in wardrobes, while the modern main bathroom and a spacious hallway with storage enhance functionality. Additional benefits include secure bike storage on the ground floor.
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.
Ideally located near Haggerston overground station, with Kingsland High Street just around the corner providing endless shops and cafes towards Dalston, and heading south direct access to Shoreditch High Street. Lace House is located close by to Stonebridge Park, with Broadway Market and Columbia Road Flower Market close by offering great weekend amenities.
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 £76,877. 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 | £505,000 |
|---|---|
| Minimum Share Percentage | 35% |
| Minimum Share Value | £176,750 |
| Monthly Service Charge | £200 |
| Minimum Deposit | £17,675 |
Ideally located near Haggerston overground station, with Kingsland High Street just around the corner providing endless shops and cafes towards Dalston, and heading south direct access to Shoreditch High Street. Lace House is located close by to Stonebridge Park, with Broadway Market and Columbia Road Flower Market close by offering great weekend amenities.
Outside space
- Communal Garden
Others
- Double Glazing
- Pets allowed