1 bed flat for sale

Ardisia Mews, London E7

A bright and well-planned one-bedroom top-floor apartment set within a modern purpose-built development in Forest Gate, offering open-plan living, a private balcony and excellent access to local transport and amenities.

Situated on the fifth floor, the apartment extends to approximately 51 sq m and offers a practical, contemporary layout comprising an entrance hallway, generous bedroom, bathroom, useful storage and an open-plan kitchen and living area.

The main living space is open-plan, creating a sociable area for cooking, dining and relaxing, with direct access onto the private balcony. The balcony measures approximately 3.8m x 1.8m and provides valuable outdoor space.

The bedroom is well proportioned, while the separate bathroom and built-in storage complete the accommodation.

The location is a particular strength. Forest Gate station is very close to the development, providing excellent connections via the Elizabeth line, while the surrounding area offers a range of cafés, shops and everyday amenities. The property’s modern setting and top-floor position make it particularly appealing to buyers seeking a well-connected London home.

The apartment also benefits from an EPC rating of B (82), with the current certificate valid until March 2031.

Shared Ownership

The property is available from £102,000 for a 30% share, based on a full market value of £340,000.

Purchasers may acquire an initial share of between 30% and 75%, subject to the applicable Shared Ownership eligibility, affordability and Gateway Housing Association requirements.

Buying a larger share will reduce the rent payable on the remaining unowned percentage.

The apartment is also being marketed separately for 100% ownership at £340,000.

Financial Information

The figures below relate to the purchase of a 30% share:

Rent on the remaining 70% share: £732.52 pcm

Service charge: £152.21 pcm

Lease management / administration fee: None separately payable

Buildings insurance: No separate charge confirmed

Other regular estate / communal charges: None separately confirmed

Current confirmed monthly total: £884.73 pcm

The rent shown above applies to the 30% purchase option. Buyers choosing to purchase a larger initial share will pay a lower rent on the remaining unowned percentage.

The lease was granted for 125 years from 15 September 2021.

***Quote Ref: 829538 when calling***