ECHO @ London City Island by NHG Homes in London City Island

25% SHARE FROM £140,000 (FMV: £560,000)

As we re-open our sales offices, our expert teams are online and on-call to answer any questions and guide you through a virtual viewing of your chosen development. Once your virtual viewing is complete you will then be able to book your private appointment to view in person.

Echo @ London City Island is a stunning collection of 15 contemporary apartments available to buy with Shared Ownership. Offering fast transport links, exclusive residents amenities and a buzzing atmosphere day and night. London City Island is the capital's most exciting new neighbourhood. For vibrant East London living, there's no better place to call home.

Two Bedroom Price breakdown*
Market Value: £560,000
Share: 25%
Shared Price: £140,000
Minimum Deposit Required: £14,000
Monthly Mortgage: £672
Monthly Rent: £963
Monthly Service Charge: £350
Total Monthly Outgoings: £1,985
Estimated Guidance Household Income: £67,816

Location

Echo @ London City Island is more than just a place to live! The development includes over 1,700 residential units and 20,000 square metres of office space. Highlights include English National Ballet and London Film School's new homes, a new pedestrian bridge bringing Crossrail and DLR transport links to within a short walk away, fantastic River Thames views and a range of cafes, shops, restaurants and cultural facilities.

Canning Town DLR and Underground station (DLR & Jubilee) is a short 3 minutes walk. From here you can access the Jubilee Line to Westfield Shopping Centre (Stratford), the O2 Arena (North Greenwich), Borough Market (London Bridge), Southbank Centre (Waterloo) and the Royal Parks (Green Park). With the coming soon of Crossrail, Custom House will gain direct routes to destinations such as Liverpool Street, Paddington, Heathrow Airport and even the surrounding Essex countryside.

Key Features
Access to amenities: concierge, games room and lounge, outdoor swimming pool
Landscape courtyards
Siemens home appliances
Composite stone kitchen worktops

Specification

Bedrooms:
Integrated wardrobes fitted in main bedrooms with custom designed painted feature doors with semi-matt finish (where shown on plan).
Master bedroom with en suite in 2 bedroom apartments.

Balconies:
Painted metal balconies constructed with painted steel handrails and composite decking boards.

Flooring:
Textured engineered oak floor boarding to hall, living area and kitchen. Square, matt black ceramic floor tiles to bathrooms, en suites and shower rooms.
Fitted carpets to bedrooms.

Kitchens:
Composite stone worktops fitted with undermounted stainless steel sink.
Contemporary deck mounted matt black taps.
Feature tiled splash-backs.
LED lighting throughout overhead cupboards.
Siemens stainless steel built-in oven.
Siemens black glass hob and cooktop.
Siemens integrated extractor.
Fully integrated Siemens dishwasher.
Indesit integrated fridge freezer.
Indesit combined washing machine/tumble dryer located in separate utility cupboard.
Fitted modular design kitchen units in black semi-matt finish.

Other:
Access to amenities: concierge, games room and lounge, outdoor swimming pool and gym
Landscape courtyards

What is Shared Ownership?
Shared Ownership is a government backed scheme allowing you to buy a share in a property from 25% to 75% of the full market value and pay a subsidised rent on the remainder. Because you only have to put down a deposit on the share you buy, you won't need to save as much for a deposit as you would if you were buying outright. **Affordability and eligibility criteria applies.

*Estimated mortgage payments assume an interest rate of 4.50% using a 10% deposit over 25 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at 2.75% per annum of the value of the share that is not purchased. Service charge is only an estimate and may increase in future.

***Images and CGIs are for illustrative purposes only.