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District Court

Shared ownership

District Court, 26 Commercial Road, London, E1 1FE

For sale
Shared ownership
Photo of District Court
Live from space album cover

from

£252,000

with min. deposit

£12,600

35% Share from
£252,000
Full market price
£720,000
Minimum deposit
£12,600
Monthly rent
£1,072

2 bedroom flat

Extremely central and modern two-bedroom apartment now available in London Zone 2 through Shared Ownership.

After a beautiful communal entrance with lifts, the property comprises a bright living room with a fitted open-plan kitchen, a private winter garden, and two large bedrooms. This could be ideal for a couple or a small family.

The flat is on the fourth floor of a newly built construction; it also has a communal gym, a 24/7 concierge service, and a CCTV security system.

The property is located just around the corner from Aldgate East station, London Zone 2. This is an incredible convenient for walking to work and traveling around Central …

Features

Bedrooms2
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Number of floors1
Entrance floor4th floor
Tenureleasehold

from

£252,000

with min. deposit

£12,600

35% Share from
£252,000
Full market price
£720,000
Minimum deposit
£12,600
Monthly rent
£1,072
SO Resi

SO Resi

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

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.

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