£157,500

1 bed flat for sale

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Shared ownership
Leasehold

£157,500

1 bed flat for sale

Lace House, London 4Fl E8

1 bed
1 bath
1 reception

Key Information

Tenure:
Leasehold (117 years)
Service charge:
£213 per month
Council tax band:
C
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • The Bridge Academy 0.1 miles
  • Queensbridge Primary School 0.2 miles
  • Haggerston 0.2 miles
  • Hoxton 0.4 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Shoreditch to find out more about the local area.

Features and description

  • Leasehold
  • Private balcony
  • Good EPC Rating
  • Communal Heating
  • Communal garden
  • Moments from Broadway Market
Full Market Value: £450,000

Share Value (35%): £157,500

Monthly Rent: £945.41

Service Charge: £212.94

Council Tax Band: C

125 year lease commenced December 2016 - 117 years remaining

EWS1 available rating B2.

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment* (Please ensure to include the * as this refers to terms included the main description)

L&Q welcomes you to view this one bedroom, fifth floor apartment.

Situated on the fifth floor, this property boasts a spacious open-plan kitchen and living area, lots of natural light, with the benefit of a private balcony. The kitchen is fitted with grey wall and base units, and a wooden effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, extractor fan, fridge/freezer and dishwasher. Spacious main double bedroom benefitting from built-in wardrobes. The bathroom has a white three-piece suite with a shower over bath and a stone tile surround and heated towel rail. Additional storage cupboards in hallway.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Ideally located near Haggerston overground station, with Kingsland High Street just around the corner providing endless shops and cafes towards Dalston, and heading south direct access to Shoreditch High Street. Lace House is located close by to Stonebridge Park, with Broadway Market and Columbia Road Flower Market close by offering great weekend amenities.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £72,703. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of May 2024.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Floor plans and tours

Floor plans (1)

Floor plan 1

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