Summary - NICKELBY APARTMENTS, 16 1 GROVE CRESCENT ROAD LONDON E15 1AY
2 bed 1 bath Flat
Well-connected two-bed shared ownership flat with balcony, near Stratford transport and Westfield.
- Two double bedrooms and open-plan kitchen/living with balcony
- 698 sq ft; third-floor apartment with lift access
- Shared ownership leasehold; approx 81 years remaining
- Lease length could affect mortgage availability; consider lease extension
- Service charge £193.09/month; ground rent £250/year
- EWS1 B1 certification available; sinking fund in place
- Excellent transport links and fast broadband; near Westfield
- Area: above-average crime and higher deprivation indices
Bright, well-proportioned two-bedroom apartment in Nickelby Apartments, offered via leasehold/shared ownership. The flat presents an open-plan kitchen/living/dining space that opens onto a rear balcony, plus two double bedrooms and a contemporary bathroom — a practical first home or starter investment in Stratford with fast transport links and Westfield shopping nearby.
Practical conveniences include lift access, central heating, double glazing, integrated kitchen appliances, fast broadband and excellent mobile signal. The building has an EWS1 B1 rating available and a sinking fund in place for long-term major works, reducing immediate unexpected repair exposure.
Important lease and finance considerations: the lease is reported at around 81 years remaining from the 2008 start date. This is low for lenders and may make mortgage approval harder or require specialist lenders; the buyer should check mortgageability and plan for an early lease extension. The property is leasehold with a ground rent of £250 and a service charge of £193.09 per month.
Location strengths include exceptional transport (Stratford station and the Elizabeth Line nearby), plentiful amenities, parks and several well-regarded schools. Note the area records above-average crime and higher deprivation indices; buyers should weigh local safety and community factors alongside excellent connectivity and amenities.
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