Tramway Court
£184,500 for a 45% share
Property description
Two bedroom apartment in great location
Property address
3 Candle Street, Stepney, E1 4RR
2 
1 Shared Ownership
SHARED OWNERSHIP
Full Market Value: £410,000
Share Value (45%): £184,500
Monthly Rent: £697.05
Service Charge: £226.91
Ground Rent: £0
Council Tax Band: C
125 year lease commenced April 2007 - 106 years remaining
EWS1 - Guidance from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Enter this well presented apartment via a central hallway with storage. To your left find the generous open plan living area that opens onto a west facing juliette balcony. The modern kitchen includes an integrated oven, hob and extractor and provides space for your white goods. There are two double bedrooms, both west facing, the larger of which has built-in storage. A bathroom with shower over the bath completes the accommodation.
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.
The apartment is ideally located for those looking to live in a vibrant and well-connected part of East London. Stepney Green, Mile End and Limehouse stations are all within a short walk, offering easy connections to the Central, District, Hammersmith & City lines and the DLR. Whitechapel station, on the Elizabeth and Overground lines, is also only a 20-minute walk away.
The block is set moments from the scenic Regents Canal, which offers walking routes through Mile End Park and Victoria Park, and connects to the River Thames and Limehouse Marina, great for walking and cycling. The area offers a wide range of local amenities, including shops, restaurants, cafes, and pubs. Bethnal Green and Shoreditch are also nearby, providing access to vibrant cultural scenes, including galleries, nightlife, and a thriving arts community.
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 £63,350. 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 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 | £410,000 |
|---|---|
| Minimum Share Percentage | 45% |
| Minimum Share Value | £184,500 |
| Monthly Service Charge | £227 |
| Minimum Deposit | £18,450 |
The apartment is ideally located for those looking to live in a vibrant and well-connected part of East London. Stepney Green, Mile End and Limehouse stations are all within a short walk, offering easy connections to the Central, District, Hammersmith & City lines and the DLR. Whitechapel station, on the Elizabeth and Overground lines, is also only a 20-minute walk away.
The block is set moments from the scenic Regents Canal, which offers walking routes through Mile End Park and Victoria Park, and connects to the River Thames and Limehouse Marina, great for walking and cycling. The area offers a wide range of local amenities, including shops, restaurants, cafes, and pubs. Bethnal Green and Shoreditch are also nearby, providing access to vibrant cultural scenes, including galleries, nightlife, and a thriving arts community.
Others
- Balcony
Outside space
- Communal Garden
Heating
- Double Glazing
- Electric