Summary - Butchers Road, London, E16 E16 1PT
1 bed 1 bath Apartment
Well-presented one-bedroom near Canning Town transport links.
- 25% shared ownership: 25% share price £68,750
- Second-floor one-bedroom with private balcony and good light
- Open-plan living/kitchen; modern fixtures and laminate flooring
- Very long lease (c.990 years) reduces long-lease risk
- Estimated service charge c. £222.95pcm (approx. £2,675.40pa)
- Rent on unsowned share approx. £472.66pcm; ongoing costs apply
- Compact 497 sq ft footprint; no private garden, limited outdoor space
- Area shows high deprivation despite good transport links
This bright second-floor one-bedroom apartment in E16 is offered via Shared Ownership (25% share). The open-plan living/kitchen opens onto a private balcony, and large windows give good natural light. Interiors are modern and well presented, with fitted kitchen appliances, laminate flooring and contemporary sanitaryware — ready to move into.
Practical strengths include a very long lease (c.990 years), fast broadband and excellent mobile signal. Transport is strong: Canning Town and Custom House stations are within walking distance, linking to the Jubilee, DLR and Elizabeth Line for swift commutes to Canary Wharf and central London. Local amenities and green spaces around Royal Victoria Dock are nearby.
Affordability is the main draw: a 25% share is priced at £68,750 (rent on remaining share circa £472.66pcm). Estimated service charges are about £222.95pcm (annual figure c. £2,675.40). The property is best suited to a first-time buyer or buy-to-let investor seeking a compact, modern apartment in a well-connected location.
Considerations: the home is a small one-bedroom footprint (497 sq ft) with no private garden and only a balcony for outdoor space. It is leasehold shared ownership — ongoing rent and service charges will apply and may be reviewed annually. The wider area has high deprivation levels, and on-street/urban outlooks mean no substantial long-distance views.
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