Chain-free shared ownership flat near Stratford with patio — lease 81 years, service charge £3,350pa.
One-bedroom ground-floor flat with private patio
A ground-floor one-bedroom apartment with a private patio, offered chain-free and just a short walk from Stratford High Street and DLR links. The 514 sq ft layout places living and kitchen space together with sliding doors onto the patio, giving a sense of indoor-outdoor flow uncommon at this price. EPC C and Council Tax Band C help running costs remain moderate.
This is a shared-ownership sale that will be staircased as part of completion; buyers should expect extra solicitor work and a slightly extended legal timetable. The lease has 81 years remaining — below ideal for mortgage and resale markets — so renewing the lease will need attention and budget planning sooner rather than later.
Annual service charges are high for a one-bedroom at around £3,350 per year and ground rent is nil. There is no allocated parking. The immediate area benefits from excellent transport links, fast broadband potential and proximity to Westfield Stratford and Queen Elizabeth Olympic Park, making it well suited to commuting professionals or a first-time buyer seeking a well-located London base.
Important negatives: the property sits in an area with very high recorded crime and high deprivation levels, which will affect safety perceptions and resale. Buyers should verify heating/fuel arrangements, the precise service charge review mechanism, and lease-extension costs before committing.