£148,750
(£179/sq. ft)
3 bed flat for sale
Marshgate Lane, Stratford - Newham E153 beds
1 bath
1 reception
829 sq. ft
EPC Rating: B
Added on
Available offer
Shared Ownership
Buy part of this home using the Shared Ownership scheme. You'll then pay an "affordable rent" on the share you don't own.
Key information
Tenure
Leasehold (990 years)
Service charge
£410 per year
Council tax band
Ground rent
Ground rent date of next review
About this property
Balcony
Double glazing
Available with Shared Ownership starting with a 25% share
Deposits from 5%
Designer fitted kitchens
Built-in wardrobe to main bedroom to selected bedrooms
Located within a canal-side development
Private balcony for outdoor space
Integrated Indesit appliances, including dishwasher, fridge/freezer
This well-designed three-bedroom apartment, located on the fifth floor of the sng at Pudding Mill Lane development, offers stylish interiors and forms part of a canal-side development, with dual-aspect views.
The home features a bright and spacious living room, with a set-back kitchen and dining area, creating a well-balanced layout for both everyday living and entertaining. The kitchen is finished with contemporary units in the shade 'reed green' soft-close doors and drawers, and elegant white marble-effect worktops with matching upstands. Kitchen appliances complete the clean, modern look.
The living area opens onto a private balcony, providing an ideal space for outdoor entertaining.
The bathroom and separate WC are finished to a high standard, featuring large-format white ceramic tiles to key areas, Roca sanitaryware, and a heated towel rail, with an LED mirrored cabinet to the main bathroom.
The apartment is finished with wood-effect lvt flooring throughout the living areas, while all three bedrooms are fitted with soft grey-mix carpet for added comfort. Selected bedrooms include fitted wardrobes with sliding mirrored doors. The layout is well suited to young or growing families, as well as those seeking additional space, with flexibility for a home office, guest room or child’s bedroom.
Additional benefits include ample internal storage, creating a practical and well-balanced home suited to modern family living.
Dimensions
Kitchen/Living/dining room: 3.2x 8.3m
Bedroom 1: 2.8 x 4.5m
Bedroom 2: 2.5m x 3.3m
Bedroom 3: 2.5m x 3.3
Size: 77m2
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.
Priority will be given to those who live or work in the Borough of Newham.
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