Two-bedroom new-build apartment, open-plan living with balcony
A bright two-bedroom new-build apartment offered via 50% Shared Ownership, designed for first-time buyers or young professionals seeking affordable entry to E14. The open-plan living, dining and kitchen flows out to a small balcony with city views; a communal roof terrace adds extra outdoor space. The apartment is contemporary throughout with a modern bathroom and good natural light.
Practical details make the purchase clear: full market value £540,000, 50% share priced at £270,000 with a 5% deposit (£13,500) and an indicative monthly rent of £618.75 on the unsold share. The 874 sq ft layout feels generous for an inner-city flat, though some rooms are described as small — check dimensions if internal space is critical.
Buyers should note material factors: the property is leasehold and on a community heating scheme, so service charges and communal management will apply (budget accordingly). The wider neighbourhood scores as very deprived, which can affect local services and long-term resale — however local transport, shops and amenities are plentiful and crime is low. Broadband and mobile signal are strong.
This apartment suits a buyer wanting affordable home ownership in a modern building with low-maintenance living and good connections. It offers clear staircasing potential but brings the usual new-build running costs and shared-ownership constraints to consider before committing.