Smart shared-ownership option for first-time buyers seeking excellent transport links.
70% shared ownership — 30% equity remains to purchase later
Fourth-floor flat with lift access and private balcony
Two double bedrooms; open-plan living/kitchen/dining
714 sq ft overall; modern fitted kitchen and contemporary finish
Additional monthly rent £442.70 plus service charges
106 years remaining on lease (lease end 25/12/2130)
Excellent transport links: Aldgate East, Whitechapel, Shadwell nearby
High local crime and area deprivation; consider safety and community factors
This fourth-floor two-bedroom apartment offers contemporary open-plan living close to Aldgate East and Whitechapel stations — a sensible step onto the property ladder via 70% shared ownership. The layout includes a bright living/kitchen/dining space with floor-to-ceiling windows, a private balcony, and a modern fitted kitchen for everyday comfort.
Practical details suit first-time buyers: lift access, secure entry, 106 years remaining on the lease, and chain-free sale. Monthly housing costs include an additional rent of £442.70 and regular service charges; buyers must pass housing association eligibility checks and meet income and other scheme conditions.
Location is a major draw for commuting and nightlife, with quick links to the City, Canary Wharf and Shoreditch, plus plentiful local shops and cafes. Be aware the immediate area records higher crime and deprivation levels; buyers should consider local safety and community factors when deciding.
The property is presented in modern condition with recent building cladding replacement and well-kept communal areas. While suitable for move-in, the scheme restrictions (no cash buyers, no pets) and ongoing monthly costs are important practical considerations for onward ownership.
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