Shipman Road
£200,000 for a 50% share
Property description
Two bedroom third floor apartment with parking Make this home your own, enjoy a £500 B&Q Voucher on completion*
Property address
Shipman Road, Custom House, E16 3BF
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £400,000
Share Value (50%): £200,000
Monthly Rent: £644.62
Monthly Service Charge : £231.90
Ground Rent: £350.00 per annum
Council Tax Band: C
125 year lease commenced in January 2017 -120 Years Remaining
EWS1 CERTIFICATION IS AVAILABLE FOR THIS BLOCK - B1 RATING- We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.
Make this home your own, enjoy a £500 B&Q Voucher on completion*
All rooms lead from a central hallway, incorporating storage, in this dual aspect apartment. The large open plan living area is south facing and opens onto a private balcony large enough to relax and dine. The modern kitchen features high gloss units and integrated appliances. There are two generous bedrooms, each with a juliette balcony. The larger of the bedrooms includes built-in storage. A contemporary bathroom completes the accommodation.
This apartment lies within easy access of Canning Town tube station with Jubilee line access to the City and DLR for Stratford, the City and Canary Wharf. Custom House, with the Elizabeth Line and DLR, giving easy access to Bank, Liverpool Street and Heathrow Airport, is only a few minutes walk away. There is also a direct bus route into Stratford.
The banks of the River Thames, Royal Docks and the world-famous ExCeLCentre are within walking distance with all their bars, restaurants and local amenities. You are also close to several parks, a gym and the cable car.
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 £70,470. 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 August 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 | £400,000 |
|---|---|
| Minimum Share Percentage | 50% |
| Minimum Share Value | £200,000 |
| Monthly Service Charge | £232 |
| Minimum Deposit | £20,000 |
This apartment lies within easy access of Canning Town tube station with Jubilee line access to the City and DLR for Stratford, the City and Canary Wharf. Custom House, with the Elizabeth Line and DLR, giving easy access to Bank, Liverpool Street and Heathrow Airport, is only a few minutes walk away. There is also a direct bus route into Stratford.
The banks of the River Thames, Royal Docks and the world-famous ExCeLCentre are within walking distance with all their bars, restaurants and local amenities. You are also close to several parks, a gym and the cable car.
Parking
- Allocated parking
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
- Pets allowed
Outside space
- Communal Garden