Summary - 8 Shillingshaw Lodge, 208 Butchers Road, Canning Town, LONDON E16 1PT
1 bed 1 bath Apartment
Smart one-bedroom shared ownership with balcony and long lease near good transport links.
Fourth-floor one-bedroom with private balcony and open-plan living
Available as 25% shared ownership from £70,000 (full value £280,000)
Long lease — approx. 990 years remaining
Estimated service charge c. £2,675.40 per year (approx. £222.95pcm)
Estimated rent on remaining share approx. £481.25pcm; charges reviewed annually
Compact 469 sq ft — suited to single buyer, couple, or investor
Very deprived wider area classification may affect resale prospects
No onward chain; new-build (2007–2011) with double glazing
Set on the fourth floor of a contemporary development, this one-bedroom shared ownership apartment offers bright open-plan living with a private balcony and long lease (approx. 990 years). The layout maximises the 469 sq ft with a generous double bedroom, storage cupboard and a modern fitted kitchen and bathroom — good for a single buyer, couple, or investor seeking rental potential.
The property is available as a 25% share from £70,000 (full market value listed at £280,000). Estimated rent on the unsold share and service charge combine to ongoing monthly costs (rent approx. £481.25pcm; service charges approx. £222.95pcm / £2,675.40pa). No onward chain and a new-build construction date of 2007–2011 are positives.
Location strengths include fast broadband, excellent mobile signal, very low flooding risk and convenient transport links (Canning Town/Custom House nearby). Local amenities and several highly rated primary schools are close by, though the wider area is classified as very deprived which may affect long-term resale in parts of the neighbourhood.
Buyers should note this is a leasehold shared ownership property with eligibility conditions and annual reviews of rent and service charges. Council tax band is not specified. The apartment uses a community heating scheme and mains gas, and while the finish is modern, purchasers should budget for any personal redecoration or minor upgrades.
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