Spencer Way, London, E1

Full Market Value: £350,000
50% Share: £175,00
Rent: £430.33
Service Charge: £176.51

This stylish contemporary 1 bedroom flat comprises of spacious reception room, modern kitchen, good sized double bedroom with deep built in wardrobe, fully tiled bathroom with an overhead shower and bath plus generous hallway. The property offers central heating, double glazing and big private balcony. Building benefiting from Concierge Services & CCTV.

The property is ideally located in new development with seconds from Shadwell tube & DLR station, only 1 stop from Bank Station (City of London).

Eligibility

* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* No pets

* Applicants must be able to afford their purchase, and sustain their housing costs

* Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.