801, Riverstone Heights, Tower Hamlets, E3 3ZB

Property Ref: 16621 Located in the modern and well-connected development of Riverstone Heights, 8 Reed Avenue, E3, this attractive one-bedroom leasehold apartment offers an excellent opportunity for first-time buyers through a 25% shared ownership scheme.

Set within a vibrant East London location, the property combines affordability with contemporary living.

The apartment features 1 spacious bedroom, 1 well-appointed bathroom, and 1 bright living room, alongside a modern fitted kitchen designed for practical, everyday use.

The layout is thoughtfully arranged to maximise space and natural light, creating a comfortable and low-maintenance home environment.

This leasehold property benefits from an exceptionally long lease of approximately 990 years, with no ground rent payable.

The annual management charge is £2,320.44, ensuring the upkeep of communal areas and overall development standards. The property falls within Council Tax Band C.

Offered under a 25% shared ownership scheme, the property provides an affordable route onto the property ladder, with a monthly rent of £774.35 and a monthly service charge of £193.37.

Situated in a prime E3 location, the development offers excellent access to local amenities, transport links, and key destinations across London, making it ideal for professionals and commuters alike.

The property is available now, presenting a fantastic opportunity to secure a home in a sought-after and growing area.

**** For further information and to arrange a viewing, please contact our dedicated sales team today.**** Property Type: Apartment Full selling price: £370000.00 Pricing Options: Shared ownership Tenure: Leasehold Percentage to be sold: 25% Share price: £92500.00 Monthly rent based on 25% share: £ 774.35 Remaining lease (In Years): 990 Yearly Ground Rent Cost: £0.00 Yearly Management Cost: £2320.44 Council tax band: C EPC rating: B Measurement: Bedrooms, Bathrooms and Living room Possession of the property: Occupied For viewing arrangement, please get in touch with 99home.

If calling, please quote reference: 16621 gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.

*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.

Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers.

We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers.

There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.

Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying.

If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee.

It's important to note that you are not obligated to engage with the services of the recommended provider. *Measurements: These approximate room sizes are only intended as general guidance.

You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.

*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.

*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.

We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Fraud warning We have had reports of fraudulent activities in our industry. Do not make any payment directly to the landlord or the seller.

Be cautious of emails or messages asking you to transfer funds to any account, please contact us by telephone immediately to verify the authenticity of the communication and under no circumstances action the request.

If you paid any deposit or rent to 99home, we will release the fund to the landlord once you have moved in. Your safety is our top priority.