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2 bed duplex for sale

£119,375 Shared ownership

Pioneer Court, Canning Town, London E16

2 2

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Property description

Two Bedroom Duplexes with En-Suite and Terrace

Move In By Easter And Get £500 Shopping Vouchers Plus £500 Towards Legal Fees*
*must use panel solicitors and ifa

Full market value: £477,500
25% share: £119,375
Service charge: £139
Monthly rent: £820.70

Homes at East City Point have been designed with comfort, warmth, style and modern living in mind.

Open plan layouts maximise space and light and interiors are neutrally decorated, so they can be customised and personalised. Many homes benefit from balconies, and all benefit from shared space on the roof terrace and winter garden.

Each home is finished to a contemporary specification and benefits from quality fixtures and fittings with integrated appliances.

To be eligible to purchase a Shared Ownership home

Your annual household income can be no more than 80,000 (for London boroughs this is 90,000).
You should be unable to purchase a home suitable for your needs without assistance.
You must not have any outstanding credit issues (i.E. Unsatisfied defaults or county court judgments).
You must be a first time buyer. If you already own a home and need to move but cannot afford to, please contact us. There may be some circumstances under which you could be eligible.

East City Point

East City Point is a collection of 1 and 2 bedroom apartments and 2 bedroom duplexes, which an additional space for sutdy/games room, located in Canning Town. This collection of new homes is part of the East City Point regeneration scheme, a 98 million project that aims to re-invigorate Canning Town by injecting new life into an established community, creating a more cohesive and dynamic living and working environment. All properties are built and finished to a high standard to ensure your home is both comfortable and built to last.

The development is located in Zone 3 and is within walking distance of Canning Town Underground and DLR station, which allows for easy access into the City Centre, Canary Wharf and Stratford City via the Jubilee line and DLR. Numerous bus stops around the Canning Town area also offer an alternative network of routes into and around Central, and East London. Crossrail will be coming in 2019.

For international travel, London City Airport and the new Stratford International Station are only a short train ride away. There are also plans for further improvements, with a Crossrail station opening in nearby Custom House in 2018, which will create a direct link to the West End. East City Point is well located for the M11, M25 and A13 for journeys by car.

Specification:

All properties are built and finished to a high standard to ensure your home is both comfortable and built to last including:

  • Quality fitted kitchen
  • Stainless steel oven, hob and extractor
  • Integrated fridge/freezer
  • Washer/dryer
  • Carpets
  • Parking*
  • Sky+ enabled*
  • 10 year NHBC warranty
  • Living Room with TV and telephone points
  • Terrace***
  • Winter Garden***

    *Parking available with some plots
    **Sky+ TV subject to future connection by purchaser.
    ***To selected plots only
  • Market activity
    Average price paid £374,423 Sales 283 Current average value £386,915 (Zoopla Zed-Index) Value change -£1,117 ▼ -0.29%

    Property value data/graphs for E16

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £397,858 £375 3.1 £373,500
    Semi-detached £366,576 £444 2.9 £444,928
    Terraced £358,994 £434 2.9 £396,756
    Flats £401,170 £575 1.9 £366,558

    Current asking prices in E16

    Average: £520,998
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £352,238
    (4)
    £452,830
    (15)
    £516,022
    (22)
    £796,945
    (19)
    £450,000
    (1)
    Flats £409,037
    (321)
    £549,856
    (355)
    £709,697
    (145)
    £770,200
    (5)
    -
    All £408,338
    (325)
    £545,923
    (370)
    £684,183
    (167)
    £791,373
    (24)
    £450,000
    (1)

    Current asking rents in E16

    Average: £1,728 pcm
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £818 pcm
    (10)
    £1,577 pcm
    (21)
    £1,808 pcm
    (45)
    £2,359 pcm
    (31)
    £2,249 pcm
    (2)
    Flats £1,410 pcm
    (215)
    £1,666 pcm
    (333)
    £2,074 pcm
    (94)
    £2,479 pcm
    (5)
    £2,134 pcm
    (6)
    All £1,384 pcm
    (225)
    £1,661 pcm
    (354)
    £1,988 pcm
    (139)
    £2,376 pcm
    (36)
    £2,163 pcm
    (8)

    Fun facts for E16

    Highest value in E16
    Highest value streets Zed-Index
    Hanover Avenue £594,504
    Rayleigh Road £579,015
    Hartlepool Court £561,961
    Constable Avenue £550,891
    Wards Wharf Approach £547,768
    Highest turnover in E16
    Highest turnover streets Turnover
    Fairfax Mews 40.7%
    Pankhurst Avenue 38.9%
    Lowestoft Mews 38.3%
    Glencairne Close 35.7%
    Grimsby Grove 34.4%

    What Zoopla users think of E16

    Overall rating:

    • currently 3.5 stars
    Good - 71% (330 ratings)

    Ratings breakdown:

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

    Rate E16:

    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

    • Canning Town (0.5 miles)
    • Royal Victoria (0.5 miles)
    • Custom House (0.6 miles)
    • London City Airport (1.8 miles)
    • London Heathrow Airport (20.9 miles)
    • London Gatwick Airport (27.1 miles)
    • North Greenwich Pier (1.1 miles)
    • East India Pier (1.1 miles)
    • Barrier Gardens Pier (1.8 miles)

    Nearby schools

    View all schools in Newham
    • Keir Hardie Primary School (0.1 miles)
    • Ravenscroft Primary School (0.3 miles)
    • Hallsville Primary School (0.3 miles)
    • East London Arts & Music (1.6 miles)
    • London Academy of Excellence (1.8 miles)
    • City Gateway 14-19 Provision (2.1 miles)
    • Rokeby School (0.2 miles)
    • Eastlea Community School (0.6 miles)
    • The Cumberland School (0.7 miles)
    Note: Distances are straight line measurements

    Local info for Newham

    AskMe Q&A for Newham

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    For more information about this property, please contact
    Clarion Housing - East City Point, E16 on +44 20 8033 8577 * (local rate)

    Monthly running costs Beta

    £615 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 11,937
    Repayment term 25
    Interest rate 1.5
    Your payment £429 /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 £20/mo (£236/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 £236

    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

    Council Tax

    Local authority

    Newham

    Estimated tax band A Council tax cost £83 /mo
    when paid over 10 months
    Council tax costs explained

    The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

    Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

    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 Clarion Housing - East City Point 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 Clarion Housing - East City Point, and do not constitute property particulars. Please contact Clarion Housing - East City Point 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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