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Last remaining 1 bedroom apartment at New Garden Quarter is available to buy through Shared Ownership. It benefits from a nice balcony, a spacious bedroom, and an open plan kitchen with Smeg appliances throughout.
New Garden Quarter located in central Stratford has a collection of 67 apartments available through Shared Ownership. These modern 1,2 & 3 bedroom apartments are set around a beautifully landscaped garden square, in close proximity to Queen Elizabeth Olympic Park, a thriving shopping centre and have excellent transport links to the city.
Full Market Value: £422,500
Shared Price: £105,625
Minimum Deposit Required: £10,563
Estimated Monthly Rent: £726
Estimated Mortgage: £528
Monthly Service Charge: £152
Total Monthly Outgoings: £1,407
New Garden Quarter couldn't be better connected - just 7 minutes walk from Stratford station in London's Zone 2. Stylishly designed with inspiring interiors, residents will have access to 24 hour concierge, a residents' gym and car parking.****
With 350 shops and services, 80 places to eat, world-class leisure facilities and the Queen Elizabeth Olympic Park on your doorstep - what's not to love?
Light grey, handle-less fitted units from London designer Urban Myth. Stone worktops and fully integrated Smeg appliances including stainless steel oven, ceramic hob, extractor hood, dishwasher, fridge/freezer, washer/dryer. Also glass splashbacks and feature lighting under wall units.
Bathroom/en-suite shower rooms:
Pure white bathroom suites with chrome taps and mixers. Bath with thermostatic shower mixer and glazed screen. Large shower enclosure to en-suite, contemporary porcelain and ceramic tiling. Large vanity mirror, towel warmer, bespoke cabinetry with built in storage and low voltage sockets.
Living areas / flooring:
Kitchen, living room and hallway in woodstrip laminate flooring and bedrooms carpeted in a soft grey colour tone.
Smooth finish to all walls and ceilings, painted in white emulsion and white stainwood finish to doors and woodwork. Residents' gymnasium and concierge service. Bicycle storage. Car parking available by separate negotiations.
What is Shared Ownership?
Shared Ownership is a government backed scheme allowing you to buy a share in a property from 25% to 75% of the full market value and pay a subsidised rent on the remainder. Because you only have to put down a deposit on the share you buy, you won't need to save as much for a deposit as you would if you were buying outright. ***Affordability and eligibility criteria applies.
*Estimated mortgage payments assume an interest rate of 4.50% using a 10% deposit over 25 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at 2.75% per annum of the value of the share that is not purchased. Service charge is only an estimate and may increase in future.
**Images and CGIs are for illustrative purposes only.
****Secure parking is available through separate negotiation. Please speak to a sales advisor.