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Bridge East Shared Ownership

Shared ownership

Bridge East Cooks Road Newham, E15 2PW

For salenew home
Shared ownership
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  • from

    £178,500

    3 bedroom

from

£178,500

with min. deposit

£17,850

Peabody

£178,500

3 bedroom flat

Availability

For sale

Minimum share

30%

Full market price

£595,000

Deposit from

£17,850

Monthly rent

£954

Monthly service charge

£371.29

Reservation fee

£0

Administration fee

£0

Bedrooms

3

Bathrooms

1

Reception rooms

1

Furniture status

unfurnished

Floor area

110.5

Number of floors

1

Entrance floor

1st floor

Tenure

leasehold

Lease years

0

Property features

Communal GardenPrivate Garden
EER Current0

Overview

Our final remaining 3 bedroom Shared Ownership apartment in Stratford is available to view now.

Bridge East is a waterside development ideally situated within walking distance from the heart of Stratford and the Queen Elizabeth Olympic Park. Available through Shared Ownership, our homes benefit from large balcony, concierge service and onsite private gym access. Whilst the broader development features commercial space at ground floor level, a communal courtyard garden square and a riverside walkway.

Some of the most desirable and sought-after neighbourhoods in East London at Victoria Park Village and Hackney Wick are just minutes from Bridge …

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

from

£178,500

with min. deposit

£17,850

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