East City Point 2 Bedroom Apartments

£467,500.00

East City Point, Canning Town E16,

  • Property type: Apartment
  • Bedrooms: 2
  • Buying options: Shared ownership

This is an exciting opportunity to purchase a home in Canning Town, a vibrant East London neighbourhood only 3 miles from the City of London. 5 one bedroom apartments, 26 two bedroom apartments and 12 two bedroom duplexes each with a modern winter garden, are now available at East City Point for purchase on a shared ownership basis.

This collection of new homes is part of the East City Point regeneration scheme, a £98 million project that aims to re-invigorate Canning Town by injecting new life into an established community, creating a more cohesive and dynamic living and working environment.

 

For a full sales pack email Sharedownership@latimerhomes.com or to speak to a Sales Advisor call 0300 100 0303

Local Area

• Local shops and amenities are within walking distance on Fife Road, including the newly revitalised Keir Hardie Primary School

• Nearby Rathbone Market is still open for business while under development to create a dynamic new market square

• Westfield Stratford City has a vast choice of stores, restaurants and a multi-screen cinema as well as the Queen Elizabeth Olympic Park

• The O2 arena at North Greenwich, Europe’s largest entertainment venue, is one stop away on the Jubilee line

• The ExCel London exhibition and convention centre, is just two stops away

• Canary Wharf is only minutes away and provides excellent shopping and leisure opportunities plus a major Crossrail hub

• Nearby London City Airport offers flights within the UK and Europe, accessible in approximately 20 minutes by direct DLR

• The local Canning Town Recreation Ground has a cycle speedway, climbing wall, abseiling, archery and bushcraft

Features

All properties are built and finished to a high standard to ensure your home is both comfortable and built to last.

• Quality fitted kitchen

• Stainless steel oven, hob and extractor

• Integrated fridge/freezer

• Washer/dryer

• Carpets

• Allocated Parking to some

• Sky+ enabled*

• 10 year NHBC warranty

• Balcony or Private terrace

• Winter Gardens to some

Prices & Affordability

  • A 35% share will require a mortgage/savings from £163,625.00
  • Share value is £163,625.00

1 bedrooms range from £320,000 to £340,000

2 bedrooms range from £467,500 to £487,500

Shares available from 35% to 75%

Shared Ownership Calculator

Property Value: £467,500.00

Monthly Rent: £570.00

Approx Monthly Service Charge: £150.00

If this is a joint application please enter second applicant's income:

Eligibility Critera

  • Maximum houseshold income of £90,000 applies;
  • Must have access to a minimum mortgage deposit of 5% (this is subject to lender requirements)
  • Must have access to approx; £4000 savings to cover purchasing costs;
  • Applicants must be registered with Sharedownership@latimerhomes.com
  • Applicants should live or work in Newham or an East London Borough. 
  • Priority will be given to existing MOD personnel, Council or HA tenants.  
  • Properties will be offered according to housing need.

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