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1 bed flat for sale

£101,875 Shared ownership

Lansbury Square, London E14

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Property description

Under a Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.

1 bedroom apartments

Pricing starts from £101,875 for a 25% share
Full market price - £407,500
Monthly rent from £637
Monthly service charge from £226

L&Q are delighted to announce the launch of Lansbury Square, a new development at the heart of vibrant Poplar, Tower Hamlets. The development is a mixture of 1,2 and 3 bed homes for shared ownership sale, available from £88,750 for a 25% share.

Under the Shared Ownership scheme ou part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder.

Tower Hamlets is seeing unprecedented change after millions being injected for regeneration projects. Canary Wharf is in the vicinity meaning you will enjoy plenty of trendy pubs, eateries dotted around the area. For all your entertainment needs the O2 Arena is on hand. You can also enjoy breath-taking view of the city skyline from the Emirates Cable Car in Greenwich.

The contemporary design of the development and its Zone 2 location will make it a great place to call home for first time buyers and city workers.

There are a limited number of wheelchair accessible units available.

To be eligible for this scheme, applicants must live or work in any London borough.

The nearest supermarket is less than five minutes’ walk from the development. Historic Chrisp Street Market is just a short walk which boasts of small shops, cafés stalls selling a variety of goods. A bustling monthly street food market and occasional music festivals also there to give you a lively and happening you love to stay fit there are several places to keep you busy including Poplar Baths Leisure Centre, with its pool, gym, fitness studio, sports hall and rooftop football pitch, half a mile away on East India dock Road. Just a mile away is Mile End Park Stadium where you can try your hands at facilities like tennis courts, hockey, football and netball pitches and an athletics track. The world class Queen Elizabeth Olympic Park is over two miles away which is home to Olympic Stadium, the London Aquatics Centre and the Lee Valley Velo Park.

Langdon Park DLR station is just a few minutes’ walk away and from there, journeys to Canary Wharf take around five minutes. The closest London Underground station is Bromley-By-Bow (District, and Hammersmith & City lines). East connection to major roads include the A12, the East India Dock Road and the A11*

Property info

Market activity
Average price paid £500,012 Sales 576 Current average value £520,623 (Zoopla Zed-Index) Value change -£4,068 ▼ -0.78%

Property value data/graphs for E14

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £586,387 £614 3.6 -
Semi-detached £583,007 £626 3.2 £733,625
Terraced £611,333 £627 3.2 £690,941
Flats £509,274 £750 1.9 £480,675

Current asking prices in E14

Average: £622,081
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £454,340
(27)
£637,610
(43)
£716,879
(33)
£883,457
(26)
£780,000
(4)
Flats £501,084
(849)
£689,944
(837)
£1,006,058
(192)
£1,189,947
(19)
-
All £499,643
(876)
£687,387
(880)
£963,645
(225)
£1,012,864
(45)
£780,000
(4)

Current asking rents in E14

Average: £2,144 pcm
Avg. current asking prices in E14
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £896 pcm
(56)
£1,840 pcm
(24)
£2,623 pcm
(43)
£2,572 pcm
(41)
£3,404 pcm
(55)
Flats £1,471 pcm
(742)
£2,334 pcm
(938)
£3,443 pcm
(312)
£2,880 pcm
(37)
£2,680 pcm
(8)
All £1,430 pcm
(798)
£2,322 pcm
(962)
£3,343 pcm
(355)
£2,718 pcm
(78)
£3,312 pcm
(63)

Fun facts for E14

Highest value in E14
Highest value streets Zed-Index
Narrow Street £2,196,447
Ropemakers Fields £1,263,118
Westferry Circus £1,185,245
Mariners Mews £974,607
Hertsmere Road £970,916
Highest turnover in E14
Highest turnover streets Turnover
Jonzen Walk 115.8%
Keymer Place 97.2%
Dollar Bay Place 80.6%
Agnes Street 42.9%
Mariners Mews 38.9%

What Zoopla users think of E14

Overall rating:

  • currently 3.5 stars
Good - 74% (549 ratings)

Ratings breakdown:

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

Rate E14:

Tell us what you think of this area by rating these categories.
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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

  • Langdon Park (0.1 miles)
  • Devons Road (0.4 miles)
  • All Saints (0.4 miles)
  • London City Airport (3.1 miles)
  • London Heathrow Airport (19.4 miles)
  • London Gatwick Airport (26.6 miles)
  • East India Pier (0.9 miles)
  • Canary Wharf Pier (0.9 miles)
  • Hilton Docklands Nelson Dock Pier (1.1 miles)

Nearby schools

View all schools in Tower Hamlets
  • St Saviour's Church of England Primary School (0.1 miles)
  • Manorfield Primary School (0.1 miles)
  • Lansbury Lawrence Primary School (0.2 miles)
  • City Gateway 14-19 Provision (1.2 miles)
  • London Academy of Excellence (1.7 miles)
  • East London Arts & Music (1.7 miles)
  • Langdon Park Community School (0.2 miles)
  • St Paul's Way Trust School (0.4 miles)
  • Bow School (0.5 miles)
Note: Distances are straight line measurements

Local info for Tower Hamlets

About the neighbours in E14

AskMe Q&A for Tower Hamlets

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Arrange Viewing

For more information about this property, please contact
L&Q - Lansbury Square, E14 on +44 20 8115 3712 * (local rate)

Monthly running costs Beta

£534 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,187
Repayment term 25
Interest rate 1.5
Your payment £366 /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

Contents value up to £75,000 Average insurance cost £18/mo (£219/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 £20 Electricity £28 Estimated energy cost £48/mo

Similar properties could save up to £181

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

Council Tax

Local authority

Tower Hamlets

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 £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 L&Q - Lansbury Square 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 L&Q - Lansbury Square, and do not constitute property particulars. Please contact L&Q - Lansbury Square 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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