Shared-ownership two-bedroom with balcony and communal roof terrace, ideal for first-timers.
50% shared ownership; 50% share price £245,000
A contemporary two-bedroom shared ownership apartment in a new development on Dod Street, offered at a 50% share. The open-plan living, dining and kitchen area benefits from plentiful natural light and a private balcony; a communal roof terrace adds outdoor space for socialising and views. The apartment totals about 696 sq ft and is finished to a modern specification, appealing to first-time buyers and young professionals.
Buyers should note this is leasehold and sold via shared ownership: full market price £490,000, 50% share £245,000 with a 5% deposit and an approximate monthly rent of £561.46 on the unsold share. Heating is via a community scheme, which can mean service or communal heating charges in addition to rent and any service charge. There is one bathroom and the layout is open-plan.
The location offers excellent transport links, fast broadband and many local amenities, plus several well-rated primary and secondary schools nearby. However, the surrounding area is classified as very deprived, and buyers should consider local neighbourhood factors alongside the affordable entry price. A limited incentive of up to £4,000 towards deposit is available subject to terms.
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2 bedroom flat for sale in Dod Street, London, E14 — £135,000 • 2 bed • 2 bath • 874 ft²
2 bedroom flat for sale in Dod Street, London, E14 — £130,000 • 2 bed • 1 bath • 759 ft²
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