1 bed flat for sale

Marshgate Lane, Stratford - Newham E15

This well-designed one-bedroom apartment, located on the fifth floor of the sng at Pudding Mill Lane development, offers contemporary interiors within a canal-side development, and is ideal for first-time buyers, whether purchasing individually or as a couple.

The home features a bright and spacious open-plan living and dining area, with a well-arranged u-shaped kitchen set slightly apart from the main living space, creating a practical layout for both everyday living and entertaining. The kitchen is finished with contemporary units in the shade 'reed green' with soft-close doors and drawers, and white marble-effect worktops with matching upstands. Kitchen appliances complete the clean, modern design.

The living area opens onto a private balcony, providing an ideal space for outdoor seating and relaxation, while large ceiling-to-floor windows allow for excellent natural light throughout.

The apartment is finished with wood-effect lvt flooring to the living areas, with soft grey-mix carpet to the bedroom for added comfort. The bedroom includes a fitted wardrobe with sliding mirrored doors.

The bathroom is finished with large-format white ceramic tiles to key areas, Roca sanitaryware, a heated towel rail, and an LED mirrored cabinet.

Additional benefits include a freestanding washer/dryer housed within a storage cupboard and ample internal storage throughout, creating a practical and well-balanced home suited to modern living.

Plot A2-05-006 - Prices start from £106,250 for 25% share. Full market value of £425,000.

1 bedroom dimensions:

Kitchen/living room/dining: 3.9m x 8.4m

Bedroom: 2.8m x 4.6.

Total area: 51.8m2
Eligibility


Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee. At this development you can buy a minimum 25% share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.

• Priority will be given to people who live or work in Newham.

• You have a deposit of at least 5% of the share value.

• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

• This will be your only residence.

• You are a permanent UK resident or have indefinite right to remain. Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.

* Length of Lease speak to sales consultant for further clarification

*These photos are for information purposes only and may not represent a true likeness

Floorplans are not to scale and are indicative only. Location of windows, doors, bathroom fittings, kitchen units and appliances may differ. Dimensions given are approximate and should not be used to order carpets or furniture. External area sizes and locations may differ from those illustrated. Sovereign Network Group is charitable.