£177,000

3 bed flat for sale

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Shared ownership
Leasehold

£177,000

3 bed flat for sale

Bermuda Way, London E1

3 beds
1 bath
1 reception
EPC rating: C

Key Information

Tenure:
Leasehold (86 years)
Service charge:
£283 per month
Council tax band:
F
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Stepney Green Mathematics and Computing College 0.1 miles
  • Cayley Primary School 0.2 miles
  • Stepney Green 0.4 miles
  • Limehouse 0.4 miles

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

Read our area guides for Docklands and Bromley-by-Bow to find out more about the local area.

Features and description

  • Leasehold
  • Private patio area
  • Two bathrooms
  • Additional storage cupboards to hallway
  • Excellent transport links
  • Communal gardens
  • One single bedroom/home study
  • Good EPC rating - C
  • Communal heating system
Shared ownership

Full Market Value - £590,000

You Pay (30%) - £177,000

Monthly Rent - £1,017.20

Service Charge - £283.43

Annual Ground Rent - N/A

leasehold : 99 year lease commenced January 2013 - 86 years remaining

council tax band : F

no parking

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Ideally located between three stations; Stepney Green (District and Hammersmith and City), Mile End Station (District, Hammersmith, and City and Central) and Limehouse (DLR) you have fantastic links into Canary Wharf, Central London and beyond. Also located in short proximity to Whitechapel Crossrail services - serving Bond Street in 10 minutes and Heathrow in 35 minutes.

The apartment is moments from Mile End Park which flows into Victoria Park, which hosts exciting festivals, events, entertainment, and leisurely strolls on the River Thames Path.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £81,466. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2024.

Floor plans and tours

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Floor plan 1

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Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre-Owned Shared Ownership Homes. 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 L&Q - Pre-Owned Shared Ownership Homes for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. East London
  5. Mile End
  6. Stepney Green
  7. Bermuda Way

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