16 Cavendish Square, London, E16

The Property
***Calling all First-TIme Buyers ***
***Shared Ownership 25%***

Step into sophistication with this stunning second-floor apartment boasting elegance and comfort. From the spacious hallway leading to every corner, to the tranquil two double bedrooms one with en-suite and chic family bathrooms, every detail is designed for your utmost enjoyment.

The open plan lounge and kitchen area create a seamless flow, ideal for entertaining guests. Step out onto the external balcony to relax after a long day.

With a 12-hour concierge service available from 7am to 7pm, convenience and security are always at your fingertips.


Eligibility
You will need to be earning a guidance income of £39,253. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,875. Total approximate savings required £13,875.

Newham
All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Location
Location
Conveniently located within a short walk to Gallions Reach DLR station, commuting is a breeze, with Cyprus and King George V stations also within easy reach.

Surrounded by commercial, retail, leisure, and community spaces, this area pulsates with energy. The Gallions Reach DLR station acts as the epicenter, drawing people to its bustling hub. Here, historic charm meets modern convenience, with the 100-year-old Edwardian 'Pump House' still in operation, adding character to the waterfront.

Along the dock, find a plethora of workspaces, cafes, and bars, inviting you to unwind or catch up on work while enjoying picturesque views. A tree-lined square serves as the heart of the community, fostering connections and providing a serene escape from the urban hustle.

Property ownership information

Ground rent review period: No review period

Service charge review period: Every 1 year

Lease end date: 24/03/2198

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.