Flat for sale in Bromley-By-Bow - Tower Hamlets, London E3

Leaside Lock is one of East London's most exciting developments, one which offers waterside living along the River Lea, city centre views, high-specification homes, direct-from-site underpass access to Bromley-by-Bow tube station (2-min walk) and some of the best amenities on offer at a Shared Ownership development - cycle storage, communal workspaces, roof terraces, convenience store* & a gym*.

It's time to life differently, to life better - at Leaside Lock. [now 97% sold]

Outstanding planned amenities for 2024 and 2025 - cycle storage, concierge, convenience store*, gym* & more!
Leaside Lock have joined forces with Zipcar to give residents 1 year's free membership. Details of how to claim this offer will be sent after completion
*Amenities scheduled to be ready in 2024 (gym and convenience store) and 2025. Amenities are correct as of June 2024. The Gym is run by The Gym Group (memberships required). Amenities mentioned may not be directly within the block of this apartment, but are collectively accessible within Leaside Lock.

Important information (e-8-3):
Full purchase price: £530,000
50% share price: £265,000
Monthly rent based on a 75% share: £607.29
Estimated monthly service charge: £204.22
Minimum share initially available: 25%
Maximum share initially available: 75%
Own your own home with 100% staircasing
Tenure: Leasehold
Lease term: 988 years
Pets allowed (with permission)
Council Tax: Tbc
Lift in block

Specification:

Kitchen/living room/dining area
Stainless steel Bosch built-in oven with electric hob
Bosch slimline cooker hood in silver
Integrated Bosch fridge/freezer
Integrated Bosch dishwasher
Gooseneck tap in brushed stainless steel
Chicago laminate worktops
Graphite grey kitchen cabinets
Graphite grey splashback over the hob and upstand to kitchen worktop

Bathroom:

Back-to-wall WC in white with chromium plated flush plate
Semi-countertop washbasin in white
Double robe hook and heated towel rail
Steel bath in white with glass screen to main bathroom
White resin shower tray to en suite
Bath shower mixer in chrome

Finish:

Off-white to living and bedroom wall and doors
Brilliant white eggshell to bathroom walls
Brilliant white to ceilings
Large light grey porcelain tiles to bathroom walls
Ribbed black peak feature wall tile
Natural tile flooring to bathroom in black peak
Avenue Oak laminate flooring to living area and bedrooms
Mode range white switches and sockets
Underfloor heating (except bathrooms)

What is Shared Ownership?

Shared Ownership is another way to buy your home. You buy a percentage and pay rent on the rest - Guinness owns part of it - but you're living there, you decorate it and decide when the time is right to sell for you.

Buying a percentage typically means a smaller deposit and a smaller mortgage based on the share price you purchase. In addition to mortgage repayments, you will also pay rent on the share you don't own and a service charge. Examples of these payments can be found below in 'Important Information'.

The first part of the application process is a free affordability assessment with one of Guinness' expert mortgage brokers. They will determine your share price and give you a detailed breakdown of the monthly costs you can expect with your purchase.

Why not give Guinness Homes a call today and speak to our dedicated sales consultant and find out how Shared Ownership can work for you.