1 bed Flat For Sale £136,000
at Moro Apartments, 22 New Festival Avenue, London E14

Property reference number: 1639170

 

Moro Apartments is a well-maintained 1-bedroom apartment located on the 6th floor of a twelve storey block completed in 2013. Featuring a balcony with views of Canary Wharf, the property also benefits from a communal rooftop terrace, an on-site gym, secure bike storage and a concierge. The lease remaining on the property is 111 years.

 

There are excellent transport links nearby, with Langdon Park and Westferry DLR stations providing easy access into Stratford, Canary Wharf, the City and London City Airport. Local buses serve the area and night buses link directly into central London.

Several local amenities are located within 0.1 miles away, with an off-license accessible within the development. Bartlett Park is just across the road, which features an artisan bakery/coffee shop and an excellent playground, while the canals provide easy access to Victoria Park. For leisure and entertainment, bars, restaurants and shops are within 0.2 miles.

 

Nearest DLR Stations: Langdon Park (0.4miles), Westferry (0.6miles) and All Saints (0.6miles)

Nearest Railway Station: Limehouse (1 mile)

Bus routes nearby: 15, 115, D7 and 227 (0.2miles) located on Upper North Street



Key features 

 

Private balcony

Rooftop terrace

On-site gym

Concierge 

What happens after I register my interest?

 

You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.

 

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact [use Contact Agent Button]  and our team will be able to help you.

 

What is Resale Shared Ownership?

 

Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more. 

 

Financial information



Tenure: Leasehold

Remaining lease term: 111 years

Annual ground rent amount: £0

Ground rent review period: No ground rent to pay until final staircasing.

Annual service charge amount: £2,255.04

Service charge review period: Annually

Council tax band: C

 

*Financial information correct as of 18.03.2024