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1 bed flat for sale

£82,500 Shared ownership

Katie Court, London E16

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Property description

A Third Already Reserved - Don't Miss Out - The Premier Collection - Stunning One Bedroom Apartments

One Bedroom Apartments The Lexicon Premier Collection, East City Point


Full market value from: £330,000
25% minimum share from: £82,500
Estimated service charge from: £102
Monthly rent from: £567.19

East City Point is a landmark development, at the heart of the Canning Town and Custom House regeneration area where a new, exciting neighbourhood is taking shape. Modern residential apartment buildings will form the pillars of an enhanced community, interspersed with green spaces, a new school and places to eat, drink and enjoy quality leisure time.

The Lexicon Premier Collection consists of one and two bedroom apartments all available on a shared ownership basis, providing the opportunity to live in this dynamic new area of London, in a stylish new home.

Located in a prime position adjacent to the A13 and close to Custom House and Canning Town stations - so you can be in the City, Canary Wharf or Central London in minutes.

To be eligible to purchase a Shared Ownership home
  • You must be at least 18 years old.
  • You cannot afford to buy a home suitable for your needs on the open market. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
  • Your annual household income must be less than £90,000.


  • You must be a first time buyer or existing shared owner*. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.

    Specification:

    Homes in The Premier Collection have been designed with comfort, warmth, style and modern living in mind.

    Kitchen
  • Fitted bk Nolte kitchen
  • Laminate worktop and matching upstand
  • Electrolux integrated oven and wall microwave
  • Electrolux integrated ceramic hob with glass splashback
  • Electrolux telescopic extractor
  • Electrolux integrated fridge-freezer
  • Electrolux integrated dishwasher
  • Zanussi free standing washer/dryer
  • Integrated recycling bin to kitchen cupboard


  • Bathroom
  • Alveus bath to main bathroom
  • Roca WC and basin
  • Vado bath/shower mixer
  • Vado chrome basin taps
  • Chrome heated towel rail


  • Decoration and finishes


  • Neutral finish to walls and ceilings
  • Karndean wood effect vinyl flooring (halls, kitchen and living areas)
  • Ceramic wall and floor tiles to bathroom
  • Fitted carpets to bedroom(s), stairs and landings
  • Downlights to kitchen and bathrooms
  • Sky+ enabled*


  • Safety and peace of mind


  • 12 year NHBC Buildmark Warranty


  • *Sky+ TV subject to future connection by purchaser.

    Property info

    Market activity
    Average price paid £366,559 Sales 294 Current average value £405,472 (Zoopla Zed-Index) Value change £20,927 ▲ 5.44%

    Property value data/graphs for E16

    Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
    Detached £415,343 £392 3.1 £373,500
    Semi-detached £383,540 £460 2.9 £453,666
    Terraced £376,075 £453 2.9 £402,394
    Flats £419,630 £603 1.9 £355,158

    Current asking prices in E16

    Average: £518,023
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £444,475
    (2)
    £471,492
    (15)
    £527,666
    (30)
    £769,559
    (16)
    £425,000
    (1)
    Flats £405,063
    (339)
    £555,413
    (360)
    £713,447
    (131)
    £770,200
    (5)
    -
    All £405,294
    (341)
    £552,056
    (375)
    £678,830
    (161)
    £769,712
    (21)
    £425,000
    (1)

    Current asking rents in E16

    Average: £1,619 pcm
    Avg. current asking prices in E16
    Property type 1 bed 2 beds 3 beds 4 beds 5 beds
    Houses £964 pcm
    (12)
    £1,448 pcm
    (15)
    £1,880 pcm
    (36)
    £2,150 pcm
    (19)
    £1,374 pcm
    (2)
    Flats £1,333 pcm
    (253)
    £1,694 pcm
    (309)
    £2,169 pcm
    (78)
    £2,677 pcm
    (13)
    £2,151 pcm
    (5)
    All £1,317 pcm
    (265)
    £1,682 pcm
    (324)
    £2,078 pcm
    (114)
    £2,364 pcm
    (32)
    £1,929 pcm
    (7)

    Fun facts for E16

    Highest value in E16
    Highest value streets Zed-Index
    Hanover Avenue £623,497
    Rayleigh Road £606,715
    Hartlepool Court £590,193
    Constable Avenue £576,350
    Wards Wharf Approach £573,153
    Highest turnover in E16
    Highest turnover streets Turnover
    Emily Street 98.6%
    Pankhurst Avenue 38.9%
    Lowestoft Mews 38.3%
    Fairfax Mews 37.0%
    Glencairne Close 35.7%

    What Zoopla users think of E16

    Overall rating:

    • currently 3.5 stars
    Good - 71% (338 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 (20.8 miles)
    • London Gatwick Airport (27.0 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)
    • Hallsville Primary School (0.3 miles)
    • St Luke's 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 (0.8 miles)
    Note: Distances are straight line measurements

    Local info for Newham

    AskMe Q&A for Newham

    Ask a question

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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

    £383 Monthly total

    Mortgage

    Purchase price
    Deposit (10%) 8,250
    Repayment term 25
    Interest rate 1.5
    Your payment £296 /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 £23/mo (£275/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 £17 Electricity £28 Estimated energy cost £45/mo

    Similar properties could save up to £213

    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 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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