Plot image

2 bed Flat For Sale £137,500
Plot C2.05.01, at L&Q at The Silk District Cavell Street, Whitechapel E1


Description

Put a spring in your step and a foot on the property ladder. 

Reserve your new Shared Ownership home between 1 - 30 April with only a £99* reservation fee and receive up to £5,000 towards your buying costs * when you quote 'London Home Show'* to our sales team.

Prices from £122,500* for a 25% share.

Make your move with L&Q

 

Chiffon Apartments - Plot C2.05.01

2 bedroom 5th floor apartment offering 61.40 sq.m of internal floor area with outdoor space. Contact a member of our sales team now to view our new show home.

£137,500 for a 25% share of £550,000 and a deposit as low as £6,875 and a minimum income of £58,150.

 

Full Market Value: £550,000

Shared Value (25%): £137,500

Minimum deposit: £6,875

Required income: £58,150

Rent PCM: £550

Council tax band: TBC

 

What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it
possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.

 

L&Q at The Silk District: 
A contemporary home, a city lifestyle. Discover a new side of London with L&Q at The Silk District. An exciting new address in the heart of Whitechapel. Every apartment offers a modern interior that maximises light, space and comfort, while retaining all-important practicality. Each has been finished to the highest standard, with fully integrated appliances and a contemporary specification. Most apartments also come with their own private outdoor space. 

 

Contact a member of our sales team today to find out more or book a viewing!



*Offer is subject to an affordability assessment. Incentive terms and conditions apply. For full terms and conditions, visit lqhomes.com/terms-and-conditions/. L&Q Shared Ownership terms and conditions apply. Please visit lqhomes.com/shared-ownership for more info. *Prices correct at time of print. £122,500 for a 25% share at L&Q at The Silk District. Full market value of £490,000. Images for illustrative purposes only. April 2024.


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