Summary - Mare Street, London, E8 E8 4RX
2 bed 1 bath Flat
Modern two-bed shared ownership near London Fields and great transport links.
Two-bedroom open-plan flat with modern kitchen and good natural light
705 sq ft (approx) — practical layout for starters or a small family
Available as 30% Shared Ownership: £157,500 (based on £525,000)
Monthly rent £583.13; service charge £2,756.28 pa (approx £229.69 pcm)
Total monthly charge ~£812.82 plus mortgage; annual rent rise each April
Leasehold with 108 years remaining — seek legal/mortgage advice
Excellent transport links; 10-minute walk to Overground and Tube stations
Very high local crime rate and area deprivation — impacts desirability
A bright two-bedroom apartment in Cordwainer House, Mare Street, offered via Shared Ownership. The open-plan living room with a modern kitchen and generous windows creates a light, contemporary feel across an average-sized 705 sq ft layout. The property is on the first floor and includes useful storage cupboards and one bathroom, making it a practical starter home for a commuter couple or small family.
Location is a strong selling point: a 10-minute walk to Cambridge Heath Overground and Bethnal Green Underground, close to London Fields, Victoria Park, Broadway Market and Columbia Road Flower Market. Local amenities and leisure options are plentiful, and broadband and mobile signal are reported fast and excellent respectively, supporting home working and connectivity.
This property is offered as a 30% share priced at £157,500 (based on a full market value of £525,000). Ongoing costs include a monthly rent of £583.13, an annual service charge of £2,756.28 (approx. £229.69 pcm) and a total monthly charge of approximately £812.82 plus any mortgage payment for the 30% share. Shared ownership carries allocation rules and an annual rent increase each April; buyers should check eligibility and read the provider’s allocation policy.
Important drawbacks are stated plainly: the area records very high crime levels and is classified as deprived, which may affect buyer preference and insurance. The home is leasehold with 108 years remaining — prospective purchasers should seek legal and mortgage advice about lease length and long-term resale. The service charge is significant for a first-time buyer; factor this into affordability calculations.
1 bedroom apartment for sale in Mare Street, London, E8 — £129,000 • 1 bed • 1 bath • 591 ft²
2 bedroom flat for sale in Eastway, Hackney, London, E9 — £195,000 • 2 bed • 1 bath • 604 ft²
2 bedroom flat for sale in Shalbourne Square, London, Greater London, E9 — £200,000 • 2 bed • 1 bath • 611 ft²
2 bedroom flat for sale in Fletcher House, Hackney, London, N1 — £127,500 • 2 bed • 1 bath • 739 ft²
1 bedroom apartment for sale in Mare Street, London, E8 — £450,000 • 1 bed • 1 bath • 591 ft²
2 bedroom flat for sale in Ward Lane, London, E9 — £237,500 • 2 bed • 1 bath • 764 ft²
