1 Bedrooms Flat for sale in 2 Candle Street, London E1 | £ 125,000

Property Description

Visit to book your viewing online 24/7!

Available on the Shared Ownership scheme, is this spacious, well-appointed one bedroom third (top) floor apartment. Boasting around 550 square feet of accommodation, the property features a good sized private balcony which is directly accessible via the living space. There is a spacious, open plan living area – perfect for socialising or entertaining guests. Additional benefits include modern spec fixtures, fittings and finishes, secured entrance, an allocated space in the block’s secure underground car park and ample storage capacity in the form of a variety of built-in cupboards, units and fitted wardrobes in the Master Bedroom. This property carries the advantage of being marketed with on onward chain.

The development is located in a quiet no-through road, with access to the Regent’s Canal's towpath only around 100 metres from the block's entrance. For the ease of commuters, the property stands within ½ mile of both Mile End Central Line and Stepney Green District/Hammersmith & City Line stations. The apartment’s favourable location means that you will have some of London's world famous cultural, culinary and social hotspots at your convenient disposal. Whether you're in the mood for the vibrant diversity of Brick Lane and Columbia Road, or the bright lights and bustle of the City and West End, or maybe even some the trendy hang-outs synonymous with the Shoreditch, Hoxton and Old Street areas, there really is something for everyone, and access to all of this could hardly be easier!

Shared Ownership

Shared ownership eligibility information:

There are some general eligibility requirements that anyone wishing to buy a Shared Ownership home must meet. The general eligibility criteria for Shared Ownership is as follows:

You must be at least 18 years old
Outside of London your annual household income must be less than £80,000
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.E. You don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can afford the regular payments and costs involved in buying a home
You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the Help to Buy option you choose
In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

This information was sourced from:-

Lease Information

Our client has advised us of the following:-

Lease length remaining - 111 years

Service charge - £145.48 per month

Rent payment - £474.34 per month

Property Location

Similar Properties

Flat For Sale London
Flat For Sale E1
London new homes for sale
E1 new homes for sale
Flats for sale London
Flats To Rent London
Flats for sale E1
Flats to Rent E1
London estate agents
E1 estate agents