Maltings Close
£156,000 for a 40% share
Property description
Our Winter Offer: A £1,000 Ikea voucher on completion*. Private balcony, good EPC rating, long lease term.
Property address
Maltings Close, London, E3 3TB
2 
2 Shared Ownership
Shared Ownership
Full Market Value: £390,000
Share Value (40%): £156,000
Monthly Rent: £672.86
Service Charge: £396.16
Council Tax Band: D
125 year lease commenced November 2005 - 106 years remaining
EWS1 available B2 Rating
L&Q welcomes you to view this two bedroom, ground floor apartment.
This bright and spacious two bedroom apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with light grey wall and base units, with marble effect worktop. The kitchen also benefits from integrated appliances including a oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from en-suite with shower. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional double storage cupboards in hallway.
Location wise, this property is just a few minutes walk to Bromley-by-Bow underground station and local amenities. Olympic park and Westfield are both within walking distance alongside Hackney Wick which can be reached via the canal. There is amazing local businesses and events at Cody Dock and 3 Mills Studio which are also a few minutes' walk 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 £69,205. 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 June 2024.
*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.
| Minimum Full Market Value | £390,000 |
|---|---|
| Minimum Share Percentage | 40% |
| Minimum Share Value | £156,000 |
| Monthly Service Charge | £396 |
| Minimum Deposit | £15,600 |
Maltings Close is a short walk away from Bromley-By-Bow Underground and Devons Road DLR stations providing excellent transport options for Hammersmith & City, District and DLR services. Residents will enjoy versatile transport links for commutes to areas including Canary Wharf in just over a quarter of an hour, Moorgate within 23 minutes and other key destinations across the Capital. Locally, there are numerous green spaces including Mile End Park and Bartlett Park. Olympic park and Westfield are both within walking distance alongside Hackney Wick which can be reached via the canal. There are amazing local businesses and events at Cody Dock and 3 Mills Studio which are also a few minutes' walk away.
Others
- Balcony