Affordable shared-ownership with balcony and concierge, close to transport links.
- 5-minute walk to Canning Town Station, excellent transport links
- Private balcony plus communal outdoor and private podium gardens
- Concierge, wellness studio and secure cycle storage on site
- Integrated Zanussi kitchen appliances and fitted bedroom storage
- New-build with a 999-year lease, low flood risk
- Shared ownership example: 25% share £102,500; monthly rent payable
- Service charge £222.07 and monthly SO rent estimate £640.63
- Local area: very high crime rate and high deprivation — consider impact
A bright one-bedroom apartment in a new-build development, located about a 5-minute walk from Canning Town Station. The flat includes a private balcony, integrated Zanussi kitchen appliances and fitted bedroom storage, ideal for a first-time buyer seeking low-maintenance urban living. The 999-year lease and new-build condition reduce long-term ownership concerns.
The building offers resident conveniences: concierge service, secure cycle storage, communal outdoor and private podium gardens, and a wellness studio — useful extras for city living. Shared ownership keeps the initial purchase cost low (example 25% share £102,500) with an estimated monthly rent and service charge shown for budgeting.
Important factors to note: the property sits in an area with very high recorded crime and local deprivation indicators, which may affect lifestyle and resale. As a shared ownership leasehold, monthly rent is payable (example: £640.63 for a 25% share) and a service charge applies (£222.07 quoted). The vendor is offering a £2,500 contribution towards moving costs.
This apartment suits a buyer looking to enter the market affordably and trade convenience and amenity for a central urban location. Be sure to review communal costs, shared-ownership terms and local safety statistics before committing.