New-build one-bedroom with private terrace — affordable shared ownership near Upton Park.
25% shared ownership available from £86,250 (1-bed)
A bright new one-bedroom apartment in the Picture House development, offered via shared ownership with a 25% share from £86,250. The flat is part of a contemporary mixed-use building in Newham, finished to a high specification with integrated appliances, fitted bedroom wardrobes, wooden floors to living areas and quality carpets in the bedroom. A private terrace provides outdoor space for morning coffee or evening relaxation.
This home suits first-time buyers seeking an affordable route onto the property ladder close to good transport links. Upton Park station is nearby with fast connections into the City and Canary Wharf; Central Park is about 0.7 miles away. Broadband and mobile signal are strong and the area benefits from a wide range of local shops, cafés and amenities within walking distance.
Practical points to note: this is a leasehold shared-ownership property with 990 years remaining on the lease and an estimated service charge of £140.90 pcm. The development is in an area classed as deprived and geared towards young families and students, which may affect long-term resale dynamics. Images are illustrative and internal layouts may vary.
Overall this is a sensible, lower-cost opportunity for a buyer looking to get onto the market in East London without compromising on new-build specifications. It will particularly suit someone prioritising location, transport and move-in readiness over immediate capital growth certainty.
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