
Butchers Road, London

- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Modern Shared Ownership home
- Private balcony
- No onward chain
- Excellent condition throughout
- Second floor
- Walking distance to Canning Town and Custom House stations
Description
This superb modern home is available to buy from as little as £68,750 with a 25% share!
Set on the second floor of a modern development, this stylish one bedroom apartment offers thoughtfully arranged living space. The property features a bright and spacious open-plan kitchen and reception area, ideal for entertaining or relaxing, which leads directly onto a private balcony. The double bedroom is generously sized, and there's also a conveniently located storage cupboard. Contemporary finishes throughout ensure a sleek and comfortable living environment, perfect for first time buyers or those seeking a smart investment opportunity.
Situated in the revitalised Royal Docks area, the apartment enjoys a vibrant and rapidly growing neighbourhood with a wealth of amenities. Residents can take advantage of nearby shops, cafes, and waterside bars, as well as the green spaces around Royal Victoria Dock and Canning Town Recreation Ground. The area is also home to the renowned ExCeL London and offers easy access to local markets and cultural events.
Butchers Road benefits from excellent transport links, with Canning Town and Custom House Stations just a short walk away. Canning Town interchange offers access to both the Jubilee Line and the DLR, ensuring swift connections to Canary Wharf, Stratford, and the West End whilst Custom House is part of the Elizabeth Line which opens up a plethora of travel options within the capital. London City Airport is also conveniently close, making this location ideal for both professionals and frequent travellers. Whether you're commuting into central London or exploring the East End, this property places you right at the heart of it all.
PRICING & AFFORDABILITY
Full Market Value: £275,000
25% Share Price: £68,750 (rent £472.66pcm)
Minimum 5% Mortgage Deposit (25% share): £3,438
Approximate Service Charges: £222.95pcm*
Lease: approximately 990 years remaining
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
Brochures
Particulars- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Butchers Road, London
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Visit our security centre to find out moreDisclaimer - Property reference SDO250428. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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