SHARED OWNERSHIP

Ceylon House - One Bed - Tower Hamlets

SHARED OWNERSHIP

Ceylon House - One Bed - Tower Hamlets

Register interest

Once you have registered your interest, you will receive an email to book your viewing.

Ceylon House is a beautifully presented one-bedroom apartment located on the seventh floor, benefitting from a private balcony and communal garden. The lease remaining on the property is 120 years.

The property is centrally located just a short walk from Aldgate Underground Station (0.3 miles) served by the Circle and Metropolitan lines. Local buses serve the area connecting you to central London.

There are a variety of local amenities to choose from with Sainsbury's local and Amazon Fresh for groceries as well as an abundance of shops, bars and restaurants just a stone's throw away. Walking distance from Ceylon House includes the Tower of London, Spitalfields Market, Shoreditch and St Katherine's Dock.

  • Nearest station: Aldgate East (0.2 miles) Aldgate Underground station (0.3 miles) Liverpool Street Station (0.6 miles)
  • Bus routes nearby: 15, 115, 135, 25, 205, 242, 254

The property located on the seventh floor comprises:

  • Entrance: Hallway with video entry system and storage cupboard. Oak wood laminate flooring.  
  • Living Room: Spacious living area with lots of natural light and open plan kitchen. Oak wood laminate flooring.
  • Kitchen: White gloss base and wall units with anthracite worktop and stainless-steel splashback. Integrated appliances in excellent condition. Oak wood laminate flooring.
  • Bedroom: Double Bedroom with floor to ceiling window and fitted wardrobe. Grey carpet flooring.
  • Bathroom: White suite comprising panelled bath with shower head over bath, WC and hand washbasin with large mirror and light. Full height tiling around the bath. Heated towel rail. Grey tiled flooring. Additional fitted storge. 
  • Outside: Private balcony, secure cycle storage and communal garden.

 What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the 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 after checking here, please contact Peabody.resales@peabody.org.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, 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 high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining lease term: 120 years
  • Annual ground rent amount: £300
  • Ground rent review period: Every 10 years
  • Annual service charge amount: £1,640.28
  • Service charge review period: Every April 1st
  • Council tax band: Band E

Financials*

Full Value

£595,000

Share Price

£178,500

Share Value

30%

Monthly Cost

£1,716

Monthly Mortgage

£767

Monthly Rent

£812

Monthly Service Charge

£137

Minimum Household Income

£64,500

Maximum Household Income

£90,000

Deposit Required

£17,850

*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody sales team for more details.

Location

Ceylon House, London, Tower Hamlets, E1 8PZ Open in Google Maps

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Transport

Education

Food and Drink

Leisure

Retail

Worship

Healthcare

Next steps

To book a property viewing, please register your interest and we will email you details on how to book online. Alternatively you can get in touch directly with our Resident Sales Team using the link below.

Register Your Interest...

Before submitting your details, please read the terms and conditions, and read how we will use your personal information as described in the privacy policy.