Lux at Leven Wharf

1 - 2 bedroom homes in Leven Road, London, Tower Hamlets, E14 0LP

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £85,000 for 25% share
Full price from £340,000
Min deposit from £4,250
Monthly rent from £584
Service charge from £100
Bedrooms 1-2
Bathrooms 1
Pets No
Energy efficiency rating B

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Overview

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Beautiful apartments overlooking the London Sky Line with quality finishes and unique communal grounds. 

One and two bedroom apartments for sale through shared ownership. 

Local area information

Just north of the docklands and two kilometres east of the City, Leven Wharf is at the heart of a superbly positioned residential area.

Situated on the River Lea with new riverside walks and cycle paths

Transport/Local Area:
Langdon Park DLR 14mins walk (0.4miles) / East India Dock DLR 15mins walk (0.4miles) / Bromley-by-bow Underground station 18mins walk (0.7miles)

Status Plot No. Floor Beds Min share price Eligibility
Available A003 Ground 1 £85,000 View details
Available B402 Fourth 1 £87,500 View details
Available A004 Ground 2 £115,000 View details
Available B403 Fourth 2 £116,250 View details
Available B503 Fifth 2 £117,500 View details
Available A002 Ground 2 £120,000 View details
Available A104 First 2 £122,500 View details
Available A114 First 2 £122,500 View details
Available A204 N/A 2 £123,750 View details
Available A214 Second 2 £123,750 View details
Available B401 Fourth 2 £126,250 View details
Available B501 Fifth 2 £127,500 View details
Reserved A509 Fifth 1 £88,750 View details
Reserved A801 Sixth 1 £90,000 View details
Reserved B502 Fifth 1 £90,000 View details
Reserved A506 Fifth 2 £111,250 View details
Reserved A803 Sixth 2 £112,500 View details
View More

FAQ's

Min share price from: £85,000 for a 25% share
Full price from: £340,000
Minimum deposit from: £4,250
Monthly rent from: £584
Bedrooms: 1
Bathrooms: 1

There are 12 available ranging from £85,000 for a 25% share to £127,500 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.
Illustration by: James Halsall

Register Interest

Register your interest to be contacted by a housing provider. You will need to provide basic eligibility criteria during the register interest process.

Lux at Leven Wharf

1 - 2 bedroom homes in Leven Road, London, Tower Hamlets, E14 0LP

Tenure Shared ownership
What is Shared Ownership?
Availability Available
Min share price from £85,000 for 25% share
Full price from £340,000
Min deposit from £4,250
Monthly rent from £584
Service charge from £100
Bedrooms 1-2
Bathrooms 1
Pets No
Energy efficiency rating B

Shared Ownership is a type of affordable home ownership when a purchaser takes out a mortgage on a share of a property and pays rent to a landlord on the remaining share.

For example, someone might buy a 50 per cent share in a property and pay rent to the landlord on the remaining 50 per cent. Purchasers then have the opportunity to ‘staircase’ up their share of the property, gradually increasing the proportion of their home that they own outright and therefore paying less rent on the remaining portion, until they own 100 per cent of their home.

Location

Housing Provider

Trusted by

Southern Complete Moves Mayor or London National Housing Federation Moat Homes