Flat for sale in Fondant Court, London E3

Shared Ownership

Full Market Value: £325,000

Share Value (55%): £178,750

Monthly Rent: £465.39

Service Charge: £303.68

Ground Rent (Yearly) - £250.00

Council Tax Band: C

125 year lease commenced January 2016 - 116 years remaining

EWS1 available - B1 Rating

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment* (Please ensure to include the * as this refers to terms included the main description)

L&Q welcomes you to view this one bedroom, seventh floor apartment.

This bright and spacious one bedroom apartment consists of a open-plan kitchen and living area, flooded with natural light from wide floor-length windows and doors leading to private balcony. The kitchen is fitted with white wall and base units, with grey effect worktop. The kitchen also benefits from integrated appliances including a oven, hob and extractor fan. Spacious main double bedroom benefitting from floor-length windows and built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a tile surround. Additional double storage cupboards in hallway.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Conveniently located a short walk from Mile End Road and Hackney Wick, this property offers easy access to the city and Canary Wharf. Take advantage of the nearby award-winning parks, including Victoria Park, Queen Elizabeth Olympic Park, and the hidden gem of Grove Park, for a breath of fresh air and recreation.

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 £62,637. If you are offered the home, 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 June 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.