£147,000
2 bed flat for saleBermuda Way, Stepney E1
2 beds
1 bath
1 reception
- Shared ownership
- Leasehold
L&Q - Pre Owned Shared Ownership Homes
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About this property
Open plan living
Private Balcony
Ample storage
Communal heating system
Shared ownership
Full Market Value £490,000
You pay (30%) £147,000
Monthly Rent: £821.29
Service Charge £251.82
Annual Ground Rent N/A
Council Tax Band C
99 year lease commenced in January 2013 - 86 years remaining
EWS1 - B2 Certification - remediation works will not be recharged to leaseholders
A £500 Amazon Voucher on Completion*
Enter this apartment via a spacious entrance hall with three large storage cupboards. The bright dual aspect south and east facing open-plan living area opens onto a south facing private balcony. A modern kitchen includes integrated appliances. There are two generous double bedrooms, the master with fitted wardrobe. A contemporary family bathroom completes the space on offer.
Hierro Court is near equal distance between Stepney Green, Mile End and Limehouse, meaning there are excellent links to Canary Wharf, the City, Shoreditch and beyond.
Just a few minutes walk along the Regent's canal you will find Mile End Park which in turn leads onto the beautiful Victoria Park, one of London's famous Royal parks, as well as the lesser know but very pretty Shady Park with it's wide variety of children's play equipment and Stepney Green City Farm. The local area also enjoys a healthy mix of local businesses from post office to convenience stores. There is also a variety of local schools, as well as a vast array of local restaurants, bars, galleries and markets.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £64,535. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of September 2025.
*The £500 Amazon Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st October 2025, and then completes on the sale before 31st January 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.
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More information
Tenure
Leasehold (87 years)
Service charge
£252 per month
Council tax band
D
Ground rent
Ground rent date of next review