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
£123,125
Full price
£492,500
Minimum deposit
£12,313
Monthly rent
£693
Monthly service charge
£242

Overview

Final two bedroom apartments available from £123,125 with Shared Ownership, don't miss out!

L&Q at Lansbury Square
Spacious two bedroom apartments both with private outdoor space and two bathrooms, an open-plan kitchen and dining area with integrated appliances, as well as ample storage. Located in the heart of Poplar, one of London’s fast changing areas benefiting from a £280 million investment. Residents of Lansbury Square benefit from convenient on-site amenities which includes a 24 hour concierge service and communal courtyard. If you enjoy a more active lifestyle, the development also includes a gym and is well located for access to the local park.

Viewings
For those who would like to and are able to visit us, the Show Home is now open on an appointment-only basis, with extra measures in place to ensure your wellbeing. Please call us to book your appointment. If you would prefer to speak to our Sales Team from your own home, they are still on hand and can conduct appointments via phone, email and by virtual tour. *We are taking extra precautions to ensure the health and wellbeing of our customers, staff and members of the public. 


Local area information

Poplar Connections
These homes are located just minutes from Langdon Park DLR from where you can reach Canary Wharf within 7 minutes. 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 your home. Roman Road Market, Victoria Park, and Brick Lane are also nearby.


Plot availability

Plot number 5
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £123,125
Full market price £492,500
Monthly rent £693
Monthly service charge £242
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
Plot number 206
Tenure Shared ownership
Availability Available
Bathrooms 2
Minimum share 25%
Minimum share price £132,500
Full market price £530,000
Monthly rent £745
Monthly service charge £246
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: £123,125 for a 25% share
Full price from: £492,500
Minimum deposit from: £12,313
Monthly rent from: £693
Bedrooms: 2
Bathrooms: 2

There are 2 available ranging from £123,125 for a 25% share to £132,500 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
£123,125
Full price
£492,500
Minimum deposit
£12,313
Monthly rent
£693
Monthly service charge
£242