£131,250
2 bed flat for saleTaylor Place, London E3
2 beds
2 baths
1 reception
EPC Rating: B
- Shared ownership
- Chain free
- Leasehold
SOWN - Shared Ownership
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About this property
Modern shared ownership apartment
Impressive split level design
Large private terrace
Two spacious bedrooms
Two bathrooms & downstairs cloakroom
Open plan living space
No onward chain
Shared Ownership
This superb modern home is available to buy from as little as £131,250 with a 25% share!
This split-level apartment at Taylor Place is arranged over two upper floors and offers a distinctive layout with strong separation between living and sleeping areas. Entry is on the lower level, where a central hall leads into a bright reception room positioned along the outer edge of the building. The room benefits from an angled exterior wall that helps maximise natural light and gives the space an open, airy feel. From here, doors open onto a private balcony, creating a natural extension of the living area and providing space for seating or plants.
Also on this level is a separate kitchen, positioned away from the main living space for a more traditional layout. It connects conveniently to the hallway and sits adjacent to a second balcony, which adds further outdoor access and ventilation. A guest cloakroom is located off the entrance hall, and an internal staircase leads up to the private bedroom floor.
The upper level is dedicated to sleeping accommodation and bathrooms. The principal bedroom occupies the outer corner of the building and follows the same angled line as the living room below, giving it a distinctive shape and good light. A second bedroom sits nearby and would work equally well as a guest room, study, or nursery. Bathrooms and storage are arranged off the landing, keeping circulation practical while maintaining privacy between rooms.
Overall, the property offers a clear separation of social and private spaces, two outdoor areas, and an unusual geometry that adds character beyond a standard apartment layout.
The property is well positioned in Bow, an increasingly popular part of East London known for its excellent amenities and connectivity. A variety of everyday shopping options are close by, including independent stores along Roman Road as well as local supermarkets such as Old Ford Supermarket and Inci Food Centre, while a wider selection of cafés, restaurants and retail outlets can be found in nearby Stratford, Canary Wharf and Mile End. The area is also well served by green open spaces, with both Victoria Park and Mile End Park within easy reach, offering extensive leisure, walking and cycling opportunities.
Transport links are a key strength of the location, with Bow Church and Bow Road stations providing access to the DLR, District and Hammersmith & City lines, giving direct routes into the City, Canary Wharf and central London. Numerous local bus services operate nearby, including stops such as Bow Church (Stop J), making day-to-day travel straightforward. Road users also benefit from quick access to the A12 and A13, providing efficient connections across London and beyond.
Pricing & affordability
Full Market Value: £525,000
25% Share Price: £131,250 (rent £902.34 pcm)
Minimum 5% Mortgage Deposit (% share): £6,562.50
Approximate Service Charges: £306.51 pcm*
Lease: 990 years
Eligibility
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
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More information
Tenure
Leasehold (990 years)
Service charge
£3,678 per year
Council tax band
A band has not yet been confirmed.
Ground rent
Ground rent date of next review