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1 bed flat for sale

£105,000 (£195/sq. ft) Shared ownership

Fish Island, Hackney E3

1 1 538 sq. ft*
Interested in this property? Call +44 20 8115 3273 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Living room with an oak finish
  • Under floor heating
  • Washer / Dryer
  • Full height tilting in the bath and shower area
  • Colour video entry phone system
  • Crystal Grey Sensation Twist
  • TV point in kitchen and bedroom

Property description

*Google: Northpoint Fish Island to register your interest today*

Set within the Carpenters Wharf development, it's easy to see why North Point is set to be a part of a landmark development for the area. Taking inspiration from craft traditions the iconic exposed wooden frame, darkened timber cladding and pitched roof the development the red and black brickwork giving a modern twist which complements the surrounding industrial buildings. With the historic legacy of the site and Fish Island, old meets new in this incredible development.

Fitted with the latest technologies, subtly integrated to create a home that is true to the area’s traditions and forward-thinking spirit - the former site of a renowned furniture maker, just opposite Queen Elizabeth Olympic Park.

Price breakdown:
Full value: £420,000
Share: 25%
Share value: £105,000
Monthly Mortgage*: £590
Monthly Rent**: £722
Monthly Service Charge Estimate: £101

*Please note: This property is now under offer. However, feel free to register your interest on our website to be kept up to date with this property.*

* The mortgage rate is based on a 95% repayment loan over 25 years at an interest rate of 5% (this assumes you will be paying a 5% deposit). This figure is a guide only - you must obtain advice from a qualified advisor.The monthly rent is calculated at 2.75% per annum of the value of the share that you don't purchase. The minimum income figures have been calculated by Southern Home Ownership using assumptions and should be used as a guide only. You will need to undergo a financial assessment prior to any offer being made to you.


Property info

Floorplan(s): Floorplan 1

View original

Market activity
Average price paid £477,175 Sales 365 Current average value £461,765 (Zoopla Zed-Index) Value change £471 ▲ 0.10%

Property value data/graphs for E3

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £651,598 £663 3.2 £447,900
Semi-detached £764,611 £752 3.1 £1,205,000
Terraced £746,986 £708 3.1 £897,088
Flats £399,291 £632 2.0 £385,685

Current asking prices in E3

Average: £506,726
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £335,000
(1)
£693,383
(13)
£837,900
(15)
£951,249
(8)
£1,433,500
(4)
Flats £374,327
(74)
£459,993
(121)
£574,361
(47)
£500,492
(10)
-
All £373,803
(75)
£482,635
(134)
£638,121
(62)
£700,829
(18)
£1,433,500
(4)

Current asking rents in E3

Average: £1,516 pcm
Avg. current asking prices in E3
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £862 pcm
(9)
£1,916 pcm
(4)
£1,887 pcm
(6)
£2,776 pcm
(10)
£3,748 pcm
(1)
Flats £1,138 pcm
(140)
£1,738 pcm
(120)
£2,137 pcm
(52)
£2,388 pcm
(14)
-
All £1,121 pcm
(149)
£1,744 pcm
(124)
£2,111 pcm
(58)
£2,549 pcm
(24)
£3,748 pcm
(1)

Fun facts for E3

Highest value in E3
Highest value streets Zed-Index
Tredegar Square £1,294,937
Rhondda Grove £1,191,689
Tredegar Terrace £969,907
Morgan Street £954,186
Aberavon Road £917,954
Highest turnover in E3
Highest turnover streets Turnover
Richard Tress Way 183.3%
Axio Way 75.0%
Rainhill Way 57.0%
Ropery Street 45.5%
Douro Street 41.7%

What Zoopla users think of E3

Overall rating:

  • currently 4 stars
Very good - 77% (250 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate E3:

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

  • Hackney Wick (0.3 miles)
  • Pudding Mill Lane (0.5 miles)
  • Stratford International (0.6 miles)
  • London City Airport (4.1 miles)
  • London Heathrow Airport (19.4 miles)
  • London Stansted Airport (26.3 miles)
  • Canary Wharf Pier (2.4 miles)
  • East India Pier (2.4 miles)
  • Hilton Docklands Nelson Dock Pier (2.5 miles)

Nearby schools

View all schools in Tower Hamlets
  • Mossbourne Riverside Academy (0.4 miles)
  • Gainsborough Primary School (0.4 miles)
  • Old Ford Primary - A Paradigm Academy (0.7 miles)
  • London Academy of Excellence (0.9 miles)
  • East London Arts & Music (1.1 miles)
  • The Boxing Academy AP Free School (1.6 miles)
  • Bobby Moore Academy (0.7 miles)
  • Chobham Academy (0.8 miles)
  • Phoenix School (0.9 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E3

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Southern Home Ownership, EC1M on +44 20 8115 3273 * (local rate)

Monthly running costs Beta

£459 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,500
Repayment term 25
Interest rate 1.5
Your payment £377 /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 £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£214/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 £18 Electricity £27 Estimated energy cost £45/mo

Similar properties could save up to £206

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: 5500 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 Southern Home Ownership 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 Southern Home Ownership, and do not constitute property particulars. Please contact Southern Home Ownership 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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