Shared ownership is another way to buy your own home. You buy a percentage, and pay rent on the rest. The housing association owns part of it — but you’re living there, you decorate it, and you decide when to sell.

Buying a percentage means a smaller deposit and smaller mortgage. It’s a sooner first step on the ladder for lots of people. Usually, you can also carry on buying shares, to own it 100%.

Read more about Shared ownership (Opens in new window)

Aldgate Place, 1 bed homes


Commercial Road, London, Tower Hamlets, E1 1FE

Shared ownership

Starting prices

25% share from
£150,000
Full price
£600,000
Monthly rent
£625
Monthly service charge
£216

Overview

Key Features

One bedroom fourth floor flat
Contemporary space
Winter garden
On-site gym
Secure video entry system
Children's playground
Communal heating and hot water
No parking space
Close to local amenities in London


Full Description

A one bedroom fourth floor flat located is available through Shared Ownership in London.
Available for £150,000 for 25% share based on the marketing figure of £600,000.

SO Resi Monthly Payment - £624.62
Monthly Service Charge - £215.98
Total Monthly Charge - £ 840.6 PLUS MORTGAGE REQUIRED FOR 25% SHARE

This amazing one bedroom flat is situated on the fourth floor of a twenty-three storey (at highest point) purpose built block served by lift and stairs. In more detail the accommodation comprises one spacious bedroom, bathroom, open plan kitchen/reception room with winter garden. The property is located in a popular inner city environment close to local amenities and transport links.

You can buy more shares for minimum of 10%

Lounge/Kitchen
4.29 x 7.58

Bedroom One
3.37 x 3.50

Overall property
52m2

EPC Rating
Energy Rating Band - B
Environmental Impact Band - A

All room dimensions approximate.

Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.


Local area information

The property is located close to local amenities in London; Spitafields Market 0.4 mile, Shoreditch High Street 0.8 mile, Primary school 0.1 mile, Hospital 0.7 mile

The area is well-served by transport links; Aldgate East Tube 0.1 mile, Aldgate Tube 0.3 mile, Liverpool St Station 0.6 mile, Crossrail 0.6 mile


Housing Provider

SO Resi
Shared ownership

Starting prices

25% share from
£150,000
Full price
£600,000
Monthly rent
£625
Monthly service charge
£216