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)

Lansbury Square, 2 bed homes


Rifle Street, London, Tower Hamlets, E14 6FG

Shared ownership

Starting prices

25% share from
£143,125
Full price
£572,500
Minimum deposit
£14,313
Monthly rent
£805
Monthly service charge
£246

Overview

We're now 95% sold, last chance to buy at Lansbury Square, don't miss out!
2 bedroom duplex apartment ​available with Shared Ownership from £143,125 for a 25% share 
Reserve your new home for £99 before 30 Nov and receive up to £5000 towards moving costs*

A well-presented two bedroom duplex in a central location offering great value for money. Situated within the Lansbury Square development, this home is in the heart of Poplar, one of London’s fast changing areas benefiting from a £280 million investment.  

Available through Shared Ownership with L&Q, this apartment sits just minutes from Langdon Park DLR from where you can reach Canary Wharf within 7 minutes. Offering approximately 1,191 sq ft of space over two floors, this duplex comprises two bedrooms and two bathrooms, an open-plan kitchen and dining area with integrated appliances, as well as ample storage.

Further benefits include a large private terrace perfect for relaxing or entertaining. Residents of Lansbury Square can take advantage of  convenient on-site amenities such as a 24 hour concierge and communal courtyard. If you enjoy a more active lifestyle, the development includes a gym and is well located for access to a local park. If you are a fan of cycling or love being out and about, Roman Road Market, Victoria Park, Brick Lane are not too far. You can also enjoy a sunny day canoeing in nearby Limehouse Cut Canal.

Lansbury Square is also well located for access to schools in the area, this combined with  its close proximity to Canary Wharf and local amenities, make it a great option for professionals as well as families.  Offering fantastic value for money without compromising your London location, this could be a great place to call home. 

Viewings
Please note, following recent government advice, we have temporarily closed our sales and marketing suite. Our Sales Team are still on hand and will be able to offer virtual tours and give you more information on our developments via phone or email.


Local area information

The Area
Tower Hamlets is seeing an unprecedented change after millions being injected for regeneration projects. Canary Wharf is nearby, meaning you will enjoy plenty of trendy pubs and eateries dotted around the area.

Transport
Langdon Park DLR station is just two minutes’ walk away and from there, journeys to Canary Wharf take around five minutes. The closest London Underground station is Bromley-By-Bow (District, and Hammersmith & City lines). East connection to major roads includes the A12, the East India Dock Road and the A11*.


Plot availability

Plot number 206
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £143,125
Full market price £572,500
Monthly rent £805
Monthly service charge £239
Ownership Leasehold

Lounge:

  • Creo Tennessee Oak Light Wood flooring
  • Stelrad ‘Elite’ range wet system radiators with TRV
  • Communal digital TV aerial and Satellite Dish with cabling for Sky+

Kitchen:

  • Zanussi single oven and ceramic hob
  • Zanussi integrated dishwasher, fridge freezer and washing machine
  • Stainless steel splashback behind hob
  • Under cupboard LED feature lighting
  • Laminate Oak Light Wood flooring
  • Commodore Kitchens with Chapel Oak worktops
  • Stone grey doors and drawer fronts on wall units

Bedroom:

  • Portico sliding door wardrobes in main bedroom only
  • Communal digital TV aerial and Satellite Dish with cabling for Sky+
  • Carpet flooring, colour ‘Rice’

En-Suite:

  • Two bedroom apartments have en-suite to the main bedroom
  • Tiled shower enclosure
  • Tiled flooring - Stone by Stone Brown
  • White Shaver Socket
  • Roca Polo range sanitary ware

Bathroom:

  • ROCA Gap basin and back to wall WC with Eco-Contessa bath
  • Fully tiled bath area, half height behind WC and wash hand basin
  • Ceramic floor tiles, colour ‘Stone’
  • Heated chrome towel rail
  • Thermostatic shower over bath
  • Glass shower screen
  • Full height and width mirror
  • Shaver socket
  • Extractor vent

General:

  • Lift
  • Communal recreational area
  • Video door entry system with CCTV coverage to communal entrances balcony or terrace

FAQ's

Min share price from: £143,125 for a 25% share
Full price from: £572,500
Minimum deposit from: £14,313
Monthly rent from: £805
Bedrooms: 2
Bathrooms: 2

There is only one available priced at £143,125 for a 25% share.

It’s the same as buying on the open-market but you’re buying a share of a property, so therefore pay a mortgage on the part you own.

An independent mortgage advisor can help suggest which type of mortgage might be best for you, based on your situation.

Leasehold, which is essentially the contract for the share you've bought.

It means you've got the right to keep your home for a certain number of years (usually at least 125), but the land belongs to someone else. Your lease also sets out how much you need to pay each month, your responsibilities while living there and all the details of your agreement with the housing association. Make sure you go through it and ask lots of questions.

Your solicitor can help you with this.

No, but it all depends on your lease (your contract with the housing association) so check it thoroughly and ask questions before you buy.

Housing Provider

L&Q London
Shared ownership

Starting prices

25% share from
£143,125
Full price
£572,500
Minimum deposit
£14,313
Monthly rent
£805
Monthly service charge
£246