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1 bed flat for sale

£182,000 Guide price

Alan Hocken Way, London E15

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Interested in this property? Call +44 1903 906571 * or

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Property features

  • Over 60s only under Homewise's lifetime lease plan
  • Discounts range from 8.5% to 59%
  • The actual price you will pay depends on your age, personal circumstances and property criteria
  • Call for a personalised quote
  • Attractive 1 bedroom ground floor purpose built flat
  • Spacious accommodation
  • 2 parking spaces
  • Good transport links
  • Close to Stratford centre
  • No chain, long lease

Property description

Purchasing this property with A lifetime lease


This property is offered at a reduced price for people aged over 60 through Homewise´s Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property´s full market value. The above price is for guidance only. It is based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.

For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £275,000, please contact Douglas Allen.


Property description


This apartment forms part of an attractive well maintained development which has been updated by the current owner to provide an attractive kitchen and bathroom.

The property has a modern feel throughout with neutral decor and a lounge which is large enough to accommodate a dining table, making an ideal space to entertain friends.

This refurbished apartment is located in a quiet and safe location. It is the ideal purchase for a first time buyer and has everything that a professional could wish for. Equally it would be a perfect buy for an investor looking to tap into the professional buy to let market.

Those looking to commute to work will benefit from being within a short walk to West Ham underground and DLR station. You are also well serviced by numerous bus routes to neighbouring towns.

The local area has benefited from the Olympic regeneration programme giving the streets, parks and public spaces a new lease of life!

Equally convenient is Stratfords Olympic Park, along with the fantastic Westfield Shopping Centre where you can 'shop till you drop'!

We expect a high volume of interest, so immediate viewings would be recommended.

What the Owner says:
I have very nice neighbours and love the community feel within our development.

It is very quiet here with the flat itself being in a secluded spot. I have also felt very safe living here and have enjoyed the convenience of the location.

The local area has seen a lot of investment with a number of young professionals moving in.

Room sizes:
  • Entrance Hall
  • Lounge/Diner 14'0 x 10'3 (4.27m x 3.13m)
  • Kitchen 10'10 x 5'10 (3.30m x 1.78m)
  • Bedroom 12'0 x 9'3 (3.66m x 2.82m)
  • Bathroom
  • Permit Parking For 2 Cars
  • Communal Garden

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.


Property info

Floorplan(s): Ground Floor Plan

Ground Floor Plan View original

Market activity
Average price paid £390,767 Sales 293 Current average value £403,012 (Zoopla Zed-Index) Value change £2,174 ▲ 0.54%

Property value data/graphs for E15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £519,093 £577 2.9 -
Semi-detached £481,169 £483 3.1 £473,615
Terraced £445,202 £529 2.9 £492,241
Flats £356,474 £553 1.8 £332,929

Current asking prices in E15

Average: £481,658
Avg. current asking prices in E15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £412,604
(24)
£551,399
(56)
£701,250
(12)
£675,000
(9)
Flats £355,913
(133)
£493,010
(137)
£621,470
(40)
£742,450
(2)
-
All £355,913
(133)
£481,024
(161)
£580,595
(96)
£707,135
(14)
£675,000
(9)

Current asking rents in E15

Average: £1,616 pcm
Avg. current asking prices in E15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £900 pcm
(22)
£1,455 pcm
(12)
£2,660 pcm
(21)
£1,907 pcm
(12)
£2,597 pcm
(6)
Flats £1,336 pcm
(117)
£1,728 pcm
(147)
£2,076 pcm
(22)
- £2,405 pcm
(1)
All £1,267 pcm
(139)
£1,707 pcm
(159)
£2,361 pcm
(43)
£1,907 pcm
(12)
£2,570 pcm
(7)

Fun facts for E15

Highest value in E15
Highest value streets Zed-Index
Onyx Mews £561,461
Manbey Grove £531,170
Holland Road £512,407
Mathews Park Avenue £510,102
Eleanor Road £508,833
Highest turnover in E15
Highest turnover streets Turnover
Lime Walk 40.0%
Worland Road 39.1%
Litchfield Avenue 38.9%
Liberty Bridge Road 30.4%
Tom Nolan Close 30.4%

What Zoopla users think of E15

Overall rating:

  • currently 3.5 stars
Good - 74% (359 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate E15:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • West Ham (0.1 miles)
  • West Ham (0.1 miles)
  • Abbey Road (0.2 miles)
  • London City Airport (2.7 miles)
  • London Heathrow Airport (20.4 miles)
  • London Stansted Airport (26.5 miles)
  • East India Pier (1.6 miles)
  • North Greenwich Pier (1.9 miles)
  • Canary Wharf Pier (2.2 miles)

Nearby schools

View all schools in Newham
  • Ranelagh Primary School (0.2 miles)
  • Manor Primary School (0.2 miles)
  • Gainsborough Primary School (0.3 miles)
  • East London Arts & Music (0.6 miles)
  • London Academy of Excellence (0.7 miles)
  • City Gateway 14-19 Provision (2.4 miles)
  • Eastlea Community School (0.5 miles)
  • East London Science School (0.5 miles)
  • John F Kennedy Special School (0.6 miles)
Note: Distances are straight line measurements

Local info for Newham

About the neighbours in E15

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For more information about this property, please contact
Homewise Ltd, BN11 on +44 1903 906571 * (local rate)

Monthly running costs Beta

£743 Monthly total

Mortgage

Purchase price
Deposit (10%) 18,200
Repayment term 25
Interest rate 1.5
Your payment £655 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £123,000 Contents value up to £40,000 Average insurance cost £20/mo (£235/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £28 Estimated energy cost £49/mo

Similar properties could save up to £203

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6900 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Homewise Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Homewise Ltd, and do not constitute property particulars. Please contact Homewise Ltd for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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