1 bed flat for sale

4 Candle Street, London E1

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.

A light and airy one bedroom apartment located on the third floor of a modern residential development. The apartment comprises; entrance hallway, open plan kitchen/reception, one bedroom, bathroom, a Juliet balcony and access to a loft.

The building benefits from a gated communal courtyard, secure door entry system, allocated parking space and double-glazed windows.

Property Value: £325,000
Minimum Share: 30%
Share Value: £97,500
Lease Term - 107 years (approx.)
Rent pcm - £782.58
Service charge pcm - £269.22
Gross internal area: 516.66 sq.ft/ 48 sq.m
EPC: B
Council Tax: C

Horseley Court is just a few hundred yards south of Mile End Road (A11) and west of Mile End Park. A variety of local shops, cafes and restaurants can be found in the area. Local bus routes provide transport links to the City, Stratford, Canary Wharf and London's West End. Stepney Green and Mile End Underground stations are within three-quarters of a mile and Limehouse DLR station is approx. Ten minutes' walk away.