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2 bed flat for sale

£87,500 Shared ownership

Legacy Tower, 88 Great Eastern Road, London E15

2 1

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Property description

2 bedroom apartments

25% share price - from £87,500
Full market price - from £350,000
Monthly rent - from £601.56
Mortgage payment per month - from £420.08
Service charge - from £252.77

L&Q are proud to present this brand new collection of 1,2 and 3 bedroom apartments, located next door to Stratford Underground station, available from £86,250 for a 25% share.

These apartments are available through our popular Shared Ownership scheme. Stratford Central will be launching in March 2018 and has a planned completion date of Autumn/Winter 2018.

Situated in this highly popular area, this new development is ideal for those looking to make the most of what the capital has to offer. This can be a perfect home for first time buyers and city workers due to the excellent transport links through Underground, over ground and DLR and road links. You can reach Canary Wharf and Liverpool Street within 10 minutes. All amenities including super markets, schools, doctors’ surgeries are also within easy each.

The homes boast of high specification throughout with fully integrated kitchen and built in wardrobe to master bedrooms and en-suite to some master bedrooms. Each apartment will come with its own private balcony and residents can also benefit from a 24 hour concierge service and gym. There is a communal green area that can be enjoyed by the residents.

Stratford Central is open to applicants living or working in the London Borough of Newham.

Property info

Market activity
Average price paid £386,070 Sales 300 Current average value £423,715 (Zoopla Zed-Index) Value change £23,212 ▲ 5.80%

Property value data/graphs for E15

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £546,430 £597 2.9 -
Semi-detached £506,352 £506 3.1 £473,714
Terraced £467,182 £552 2.9 £487,924
Flats £375,643 £582 1.8 £331,764

Current asking prices in E15

Average: £471,178
Avg. current asking prices in E15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £403,113
(22)
£518,221
(60)
£604,999
(12)
£628,500
(10)
Flats £358,971
(127)
£490,728
(152)
£542,800
(41)
£699,950
(2)
-
All £358,971
(127)
£479,651
(174)
£528,199
(101)
£618,564
(14)
£628,500
(10)

Current asking rents in E15

Average: £1,598 pcm
Avg. current asking prices in E15
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £881 pcm
(14)
£1,448 pcm
(27)
£1,731 pcm
(19)
£1,868 pcm
(16)
£1,875 pcm
(3)
Flats £1,339 pcm
(138)
£1,781 pcm
(209)
£2,230 pcm
(33)
£2,425 pcm
(2)
-
All £1,297 pcm
(152)
£1,743 pcm
(236)
£2,047 pcm
(52)
£1,930 pcm
(18)
£1,875 pcm
(3)

Fun facts for E15

Highest value in E15
Highest value streets Zed-Index
Onyx Mews £591,807
Manbey Grove £555,986
Holland Road £537,853
Mathews Park Avenue £535,474
Eleanor Road £534,355
Highest turnover in E15
Highest turnover streets Turnover
Lime Walk 40.0%
Litchfield Avenue 38.9%
Worland Road 34.8%
Liberty Bridge Road 30.4%
Tom Nolan Close 30.4%

What Zoopla users think of E15

Overall rating:

  • currently 3.5 stars
Good - 74% (366 ratings)

Ratings breakdown:

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

Rate E15:

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

  • Maryland (0.1 miles)
  • Stratford (London) (0.5 miles)
  • Stratford (0.5 miles)
  • London City Airport (3.7 miles)
  • London Heathrow Airport (20.6 miles)
  • London Stansted Airport (25.4 miles)
  • East India Pier (2.8 miles)
  • North Greenwich Pier (3.1 miles)
  • Canary Wharf Pier (3.2 miles)

Nearby schools

View all schools in Newham
  • Colegrave Primary School (0.1 miles)
  • St Francis' Catholic Primary School (0.1 miles)
  • Maryland Primary School (0.3 miles)
  • London Academy of Excellence (0.6 miles)
  • East London Arts & Music (0.6 miles)
  • The Boxing Academy AP Free School (2.6 miles)
  • Education Links (0.3 miles)
  • Sarah Bonnell School (0.3 miles)
  • Chobham Academy (0.5 miles)
Note: Distances are straight line measurements

Local info for Newham

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For more information about this property, please contact
L&Q - Stratford Central, E15 on +44 20 8115 3946 * (local rate)

Monthly running costs Beta

£494 Monthly total

Mortgage

Purchase price
Deposit (10%) 8,750
Repayment term 25
Interest rate 1.5
Your payment £314 /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 £79,386 Contents value up to £18,000 Average insurance cost £14/mo (£174/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 £24 Electricity £33 Estimated energy cost £57/mo

Similar properties could save up to £253

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 L&Q - Stratford Central 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 - Stratford Central, and do not constitute property particulars. Please contact L&Q - Stratford Central 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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