Shared-ownership one-bed with balcony near Stratford and Westfield — long lease, realistic entry price.
- 50% shared ownership; 50% share available at £220,000
- 558 sq ft one-bedroom apartment with open-plan living
- Two private balconies; generous natural light
- Long lease: c.112 years remaining
- Monthly rent on unsold share £538.12; monthly service charge £263.77
- Located within walking distance to Westfield and Stratford stations
- Very high local crime rates; area classified as deprived
- Service charge and shared-ownership restrictions may affect affordability
A bright one-bedroom apartment offering 558 sq ft of open-plan living close to Stratford’s transport and retail hub. The flat has two private balconies, integrated kitchen appliances and built-in storage to support a tidy, low-clutter lifestyle. The long lease (112 years) and shared-ownership structure (50% share) make this a realistic route onto the property ladder with a lower up-front cost.
Practical costs are clear: a monthly rent on the unsold share of £538.12 and an average monthly service charge of about £263.77 (annual service charge quoted £3,172.24). Council tax is described as affordable. The full market value is £440,000; the 50% share offered is £220,000.
Readers should note material negatives: the wider area records very high crime rates and is classified as deprived, which may affect long-term resale and day-to-day peace of mind. The property is leasehold and shared ownership comes with restrictions on resale and staircasing obligations — check eligibility and future costs before committing.
For a first-time buyer seeking excellent transport links, easy access to Westfield Stratford City and the Queen Elizabeth Olympic Park, this apartment presents good immediate practicality and a manageable entry price. It suits buyers prioritising location, connectivity and lower deposit requirements over immediate capital growth certainty.