Contemporary two-bedroom shared-ownership flat with balcony and roof terrace — ideal for first-time buyers..
50% shared ownership — 50% share £245,000; full price £490,000
5% minimum deposit example: £12,250
Monthly rent approx £561.46 plus service charges likely apply
New-build, open-plan 2-bed, 1-bath, approx 696 sq ft
Balcony and communal roof terrace; lots of natural light
Community-scheme heating — check ongoing costs and arrangements
Leasehold tenure; council tax band unknown
Inner-city location: excellent transport and shops, high local deprivation
This two-bedroom shared-ownership apartment in E14 offers a modern, bright living space aimed at first-time buyers and young professionals. The 50% share is £245,000 (full market £490,000) with a 5% minimum deposit of £12,250 and an indicative rent of £561.46 per month. The layout is open-plan with a balcony and access to a communal roof terrace, suited to city living and entertaining.
The property is a new-build flat finished to a contemporary specification and benefits from plentiful natural light, good broadband and excellent mobile signal. At around 696 sq ft it is an average-sized two-bedroom with one bathroom; practical for a small household but limited if you need additional bathrooms or storage. Heating is provided via a community scheme — check ongoing service charges and heating costs before committing.
Location strengths include nearby shopping, eateries, and multiple good or outstanding primary and secondary schools within reach, plus low local crime and no flood risk. The surrounding area is inner-city cosmopolitan with a high level of deprivation; this brings convenience and multicultural amenities but may affect local services and long-term area uplift.
Important practical points: the property is leasehold and sold via shared ownership (50% share shown). Council tax band is unknown. The flat is best suited to buyers seeking an affordable route into London ownership who are prepared for leasehold/shared-ownership terms and to factor in monthly rent and communal running costs.