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2 bed flat for sale

£113,750

Zest, Bow E3

2 1 1
Interested in this property? Call +44 20 3641 5253 * or

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Property features

  • Exclusively For Over 55's
  • Shared Ownership
  • Selection Of 2 Bedrooms
  • Outside Space
  • Contemporary Design
  • Open Plan Living Space
  • Engineered Wood Laid To Living, Dining Room And Hall
  • Double Glazing
  • City Views
  • Close To Canary Wharf

Property description

Prices ranging from £116,250 - £124,375

zest consists of modern, spacious light filled two bedroom apartments, with large private outdoor space and quality finishes. Each new home has been designed to meet your every comfort and provides a modern, contemporary feel, perfect for relaxed living.

Zest is minutes from Canary Wharf and Central London and situated in Bow, the heart of East London, where you can enjoy the buzz of the eclectic mix of cafes, shops and markets or choose to relax and enjoy the tranquil canalside and open spaces.

With so much choice on your doorstep zest gives you a fantastic base to try different experiences without going too far from home. Staying local you can browse the independent shops and enjoy the canalside and open spaces. Oxford Street and Knightsbridge are easily accessed from the nearby tube stations where you can enjoy major shopping, restaurants, theatre and nightlife. You could choose to explore Westfield at Stratford, stroll through Queen Elizabeth Park or visit nearby Hackney with its unique shops and lively markets.

This option provides an affordable highly efficient home to those aged 55 and over. You are able to buy a share of your home and pay rent on the remainder share (up to 75%)

With shared ownership for the over 55s you can now own your first home, or release equity from your family home by selling it enjoying a mortgage-free lifestyle.

You can set the pace of life you want at zest!

Example Sold on a shared ownership basis

£119,375 represents a 25% share

Full market value £477,500 2.75% rent is payable on the unsold share up to 75%

For example: If you buy a 25% share you pay rent on 50% = £547.14 per month

Please contact us for further details.

Property info

Plot 10 View original

Market activity
Average price paid £477,175 Sales 365 Current average value £461,765 (Zoopla Zed-Index) Value change £865 ▲ 0.19%

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)
£708,089
(11)
£837,900
(15)
£951,249
(8)
£1,433,500
(4)
Flats £374,327
(74)
£459,993
(121)
£574,361
(47)
£503,325
(9)
-
All £373,803
(75)
£480,668
(132)
£638,121
(62)
£714,113
(17)
£1,433,500
(4)

Current asking rents in E3

Average: £1,523 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)
£2,109 pcm
(5)
£2,776 pcm
(10)
£3,748 pcm
(1)
Flats £1,140 pcm
(135)
£1,737 pcm
(121)
£2,137 pcm
(52)
£2,388 pcm
(14)
-
All £1,122 pcm
(144)
£1,743 pcm
(125)
£2,135 pcm
(57)
£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

  • Bromley-By-Bow (0.0 miles)
  • Devons Road (0.3 miles)
  • Bow Church (0.4 miles)
  • London City Airport (3.2 miles)
  • London Heathrow Airport (19.6 miles)
  • London Stansted Airport (27.1 miles)
  • East India Pier (1.3 miles)
  • Canary Wharf Pier (1.5 miles)
  • Hilton Docklands Nelson Dock Pier (1.7 miles)

Nearby schools

View all schools in Tower Hamlets
  • Marner Primary School (0.1 miles)
  • Old Palace Primary School (0.2 miles)
  • St Agnes RC Primary School (0.3 miles)
  • London Academy of Excellence (1.1 miles)
  • East London Arts & Music (1.2 miles)
  • City Gateway 14-19 Provision (1.8 miles)
  • Ian Mikardo School (0.0 miles)
  • Bow School (0.2 miles)
  • East London Science School (0.3 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

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For more information about this property, please contact
Peach Properties, E1 on +44 20 3641 5253 * (local rate)

Monthly running costs Beta

£525 Monthly total

Mortgage

Purchase price
Deposit (10%) 11,375
Repayment term 25
Interest rate 1.5
Your payment £409 /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 £33/mo (£392/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 £23 Electricity £34 Estimated energy cost £57/mo

Similar properties could save up to £241

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: 7600 kWh/year
Electricity: 2700 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £13 Sewerage £13 Estimated water cost £26 /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 Peach Properties 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 Peach Properties, and do not constitute property particulars. Please contact Peach Properties 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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