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Shared ownership
£161,000

1 bedroom apartment for sale

at Flat 102 Ada Lewis Court, 34 Underwood Road, London E1
Apartment
1 bed
1 bath
548 sq ft / 51 sq m
EPC rating: B
Added > 14 days

Key information

TenureLeasehold | 35% share | rental £2.75pcm | 116 yrs left
Ground rent£300 per annum | review period: unconfirmed
Service charge£2,171.64 per annum
Council taxBand C
BroadbandSuper-fast 76Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (116 years remaining)


Property reference number: 1638772



 



This beautifully presented 1-bedroom apartment offers a spacious open-plan layout, a modern kitchen with integrated appliances, and a private balcony. 



 



Located in Tower Hamlets a short walk from Whitechapel station, providing access to the Disctrict, Hammersmith & City and Elizabeth lines. The vibrant area offers an array of shops and local amenities for your everyday needs, with the famous food scenes of Brick Lane and Spitalfields Market also nearby. For nature and animal lovers, Allen Gardens, a 1.97 hectare urban park, is just a 4-minute walk away along with Spitalfields City Farm. 



 



- Nearest stations: Whitechapel (0.2 miles), Liverpool Street (0.7 miles)



- Bus stops nearby:D3, 8, 388, 205, 254, 25



 



Key features:



 



- Enviable Zone 2 location



- Private balcony



- Residents' roof terrace and communal playground



- 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: 116 years 

Annual ground rent amount: £300.00

Ground rent review period: Annually 

Annual service charge amount: £2,171.64

Service charge review period: Annually 

Council tax band: C





*Financial information correct as of 04.10.2024




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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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