£92,500
1 bed flat for saleRainhill Way, London E3
1 bed
1 bath
1 reception
- Shared ownership
- Leasehold
About this property
Balcony
Welcome to this modern 1-bedroom apartment located in the heart of Tower Hamlets, London. This property presents an excellent opportunity for shared ownership, offering an affordable path to homeownership.
Situated on the first floor, the apartment features a bright and spacious open-plan living area with a modern fitted kitchen, providing a versatile space for cooking and entertaining. The bedroom is well-proportioned, offering a comfortable living space that can be adapted to suit your needs, whether as a restful retreat or a productive home office.
The property also benefits from a private balcony, perfect for enjoying fresh air and outdoor relaxation. Additionally, residents have access to a communal garden, enhancing the sense of community within the development.
Located within easy reach of transport links, including Bromley-By-Bow Underground Station and Devons Road DLR Station, commuting across London is seamless. The surrounding area offers a range of amenities, including shops, restaurants, and leisure facilities.
Eligibility
- You must be at least 18 years old.
- In London your annual household income must be less than £90,000.
- You cannot own another home. Shared Ownership purchasers are often first-time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.
- You should not be able to afford to buy a home suitable for your housing needs on the open market.
- You must show you are not in mortgage or rent arrears.
- You must be able to demonstrate that you have a good credit history.
More information
Tenure
Leasehold (120 years)
Service charge
£127 per month
Council tax band
C
Ground rent
Ground rent date of next review