£102,000
(£186/sq. ft)
1 bed flat for saleArdisia Mews, London E7
1 bed
1 bath
1 reception
549 sq. ft
EPC Rating: B
About this property
One-bedroom top-floor apartment
Private balcony
Open-plan kitchen and living space
Approx. 51 sq m
Forest Gate station close by
Elizabeth line connections
Available from 30% Shared Ownership
Up to 75% initial share available
Full market value £340,000
100% purchase option available
Situated on the fifth floor, the apartment extends to approximately 51 sq m and offers a practical, contemporary layout comprising an entrance hallway, generous bedroom, bathroom, useful storage and an open-plan kitchen and living area.
The main living space is open-plan, creating a sociable area for cooking, dining and relaxing, with direct access onto the private balcony. The balcony measures approximately 3.8m x 1.8m and provides valuable outdoor space.
The bedroom is well proportioned, while the separate bathroom and built-in storage complete the accommodation.
The location is a particular strength. Forest Gate station is very close to the development, providing excellent connections via the Elizabeth line, while the surrounding area offers a range of cafés, shops and everyday amenities. The property’s modern setting and top-floor position make it particularly appealing to buyers seeking a well-connected London home.
The apartment also benefits from an EPC rating of B (82), with the current certificate valid until March 2031.
Shared Ownership
The property is available from £102,000 for a 30% share, based on a full market value of £340,000.
Purchasers may acquire an initial share of between 30% and 75%, subject to the applicable Shared Ownership eligibility, affordability and Gateway Housing Association requirements.
Buying a larger share will reduce the rent payable on the remaining unowned percentage.
The apartment is also being marketed separately for 100% ownership at £340,000.
Financial Information
The figures below relate to the purchase of a 30% share:
Rent on the remaining 70% share: £732.52 pcm
Service charge: £152.21 pcm
Lease management / administration fee: None separately payable
Buildings insurance: No separate charge confirmed
Other regular estate / communal charges: None separately confirmed
Current confirmed monthly total: £884.73 pcm
The rent shown above applies to the 30% purchase option. Buyers choosing to purchase a larger initial share will pay a lower rent on the remaining unowned percentage.
The lease was granted for 125 years from 15 September 2021
Mortgage calculator
£510 per month
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More information
Tenure
Leasehold (120 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
30%
Shared ownership rent
£733 per month



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