Modern shared-ownership flat with balcony and excellent transport links.
Private balcony and outdoor communal garden for outdoor space
Integrated Zanussi kitchen appliances and two bathrooms
Short 5-minute walk to Canning Town Station, excellent transport links
Shared ownership 25% share: £118,125 (full price £472,500)
Estimated monthly SO rent ~£738; service charge £270.15 (below average)
999-year lease on a new-build; likely limited immediate maintenance
£2,500 contribution towards moving costs included
Local area: very high crime and higher deprivation — consider safety
An accessible two-bedroom shared ownership apartment in a modern development just a short walk from Canning Town Station. The flat (approx. 675 sq ft) offers an efficient, contemporary layout with two bathrooms, a private balcony and fitted Zanussi appliances — well suited to a first-time buyer stepping onto the property ladder.
Communal amenities add day-to-day convenience: concierge, a wellness studio, lounge/co-working space, cycle storage and an outdoor communal garden. The scheme carries a long lease (999 years) and a below-average estimated service charge, helping predictable ongoing costs. A £2,500 contribution towards moving costs is included as part of the offer.
This is a shared ownership sale at 25% equity (full price £472,500; your share £118,125) with an estimated monthly rent and service charge combined; budget for the monthly SO rent of around £738 and the service charge of £270.15. The building is new, so major refurbishment is not expected, but check for any snagging issues common to new developments.
Be aware of material local factors: the postcode area records very high crime levels and higher-than-average deprivation. Transport links are excellent and broadband/mobile signals are strong, but buyers should weigh local safety and community considerations alongside the property’s conveniences.