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Shared ownership
£175,000

1 bedroom apartment for sale

at Neap Court, Navigation Road, London E3
Apartment
1 bed
1 bath
Added > 14 days

Key information

TenureLeasehold | 50% share | rental £2.75pcm | 117 yrs left
Ground rent£300 per annum | review period: unconfirmed
Service charge£1,992.84 per annum
Council taxBand C
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (117 years remaining)
  • Large private balcony with river views
  • Walking distance to Davons Road DLR station
  • Modern and light interior finishes
  • Available through Shared Ownership



Property reference number: 0297991



 



A modern and contemporary 1-bedroom apartment with private balcony benefitting from river views located just a short walk from Devon's Road DLR Station. 



 



There are a variety of local amenities to choose from with Tesco Superstore for groceries nearby, as well as an abundance of shops, bars and cafe's just a stone's throw away. Benefitting from a serene setting with the apartment located next to the River Lea to enjoy those peaceful riverside walks. 



  • Nearest stations: Devon's Road DLR (0.4 miles) & Bromley-By-Bow served by the District Line (0.4miles)
  • Bus routes nearby: D8  


Key features: 



  • Spacious private balcony with riverside views
  • Floor-to-ceiling windows letting in natural light
  • Modern interior and bathroom fittings
  • Integrated Zanussi appliances
  • Secure bike storage


What happens after I register my interest?

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.



 



If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button]  and our team will be able to help you.



 



What is Resale Shared Ownership?

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 



 



Financial information



  • Tenure: Leasehold
  • Remaining lease term: 119 years
  • Annual ground rent amount: £300
  • Ground rent review period: Annually 
  • Annual service charge amount: £1,889.28
  • Service charge review period: Annually
  • Council tax band: C


 *Financial information correct as of 19.04.2024


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About this agent

Peabody - Resales
Peabody - Resales
45 Westminster Bridge Road London SE1 7JB
020 8022 5253
Full profileProperty listings
Peabody develop award-winning homes across London and the Home Counties, with a mission to create great places where people can flourish and want to live. Our ambitious house-building programme aims to provide thousands of high-quality new homes for private sale, Shared Ownership, Rent to Buy, and social rent.
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