£145,000

1 bed flat for sale

Property photos

Shared ownership

Leasehold

£145,000

(£264/sq. ft)

1 bed flat for sale
Bridle Mews, London E1

1 bed

1 bath

549 sq. ft

EPC rating: B

Key Information

Tenure:

Leasehold (118 years)

Service charge:

£337 per month

Council tax band:

Ground rent:

£550

Ground rent date of next review:

Ask agent

Shared ownership percentage owned:

25%

Shared ownership rent:

£659 per month

Local area information

Property location

Nearby amenities

Harry Gosling Primary School 0.1 miles
English Martyrs Roman Catholic Primary School 0.1 miles
Aldgate East 0.2 miles
Aldgate 0.3 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for City of London, Tower Bridge and Bermondsey to find out more about the local area.

Features and description

Leasehold
Communal garden
Balcony

If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.

A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.

An impressive one bedroom apartment located on the fourth floor of a modern development. The accommodation comprises; hallway, open plan kitchen/reception room, bedroom, bathroom and a balcony. The building benefits from lifts serving all floors, door entry phone system, bicycle storage area, communal garden and concierge services.

Property Value: £580,000
Minimum Share: 25%
Share Value: £145,000
Lease Term - 118 years (approx.)
Rent pcm - £659.06
Service charge pcm - £336.81
Gross internal area: 549 sq.ft / 51 sq.m
EPC Rating: B
Council Tax Band: E
Ground rent p.a.: £550 (payable from final staircasing to 100% ownership)

Aldgate has excellent transport links, close proximity to the Thames & the City, as well as being just a short distance from a range of trendy eateries, bars, shops and theatres. Within Goodman’s Fields you will find a Sainsbury’s Local, The Pastry Parlour and Curzon Cinema & Bar.

There are some planning applications within 0.5 miles of this home

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Listed by

Newlon Living - Resales

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Property descriptions and related information displayed on this page are marketing materials provided by - Newlon Living - Resales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlon Living - Resales for full details and further information.