1 bed flat for sale

3 Seagull Lane, London E16

**Stylish One-Bedroom Flat in a Stunning Warehouse Conversion**

**This is a Shared Ownership Resale of 40% share**

Nestled within a beautifully converted warehouse, this elegant one-bedroom flat near Custom House station (Zone 3) seamlessly blends modern living with industrial charm.

Approximate area: 43.9 sqm / 473 sq ft

Living/ dining room: 4.47m x 4.22m / 14’8” x 13’10”

Kitchen: 2.57m x 2.13m / 8’5” x 7’0”

Bedroom: 4.24m x 3.02m / 13’11” x 9’11”

Bathroom: 2.24m x 2.03m / 7’4” x 6’8”

· Excellent transport links and only 20mins to central London

· Well maintained flat with new kitchen worktop and bathroom vanity

· Large windows providing plenty of natural light and a spacious bathroom

· Nearby access to charging points for electric cars

· Energy Performance Rating B - Low heating costs

· Leasehold (98 years), Council tax band D

As you enter, you are greeted by a spacious living and dining area with an abundance of natural light, creating a warm and inviting atmosphere perfect for relaxation or entertaining friends. The open-plan layout flows effortlessly into the well-equipped kitchen, featuring a sleek granite worktop, large oven, electric hob, microwave, substantial fridge freezer, dishwasher, and washer dryer.

Important ground rent information:-
Ground rent is £0 until 100% of the property is owned – after staircasing to 100%, ground rent is £100/ year until 10th April 2039, £200/ year from 10th April 2039 until 10th April 2079 and then £300/ year from 10th April 2079 until 10th April 2124.

Spec Continued

The generously sized bedroom features a large built-in mirrored wardrobe—ideal for keeping your space organised while adding an element of sophistication. The spacious bathroom is equally impressive, showcasing chrome fixtures, elegant patterned tiles and a stunning marble-topped vanity.

Just a five-minute walk takes you to the Elizabeth Line, DLR, and ifs Cloud cable car—making your commute incredibly convenient. Enjoy effortless access to City Hall, ExCel

Centre and Canary Wharf while being only 20 minutes away from Tottenham Court Road via public transport. The vibrant waterfront restaurants along Royal Victoria Dock are just moments away with views of the renowned O2 Arena—perfect for those who enjoy entertainment at their doorstep.

Located in one of London’s most sought-after areas with secured access, this flat is perfect for professionals working nearby, couples and first-time buyers - don’t miss your chance to call this delightful property home!

**Schedule your viewing today!**

Shared Ownership

**This is a Shared Ownership Resale of 40% share**

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.

• You have a deposit of at least 5% of the share value

• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.

• This will be your only residence.

• You are a permanent UK resident or have indefinite right to remain.

40% Share price: £126,000 (Rent: £500.78/ month)

Minimum 5% Mortgage deposit (40% share): £6300

Service charges: £108.40/ month

Rent and service charges reviewed annually

Property Ownership Information

Tenure

Shared ownership

Council Tax Band

D

Percentage Share Owned

40%

Additional Monthly Rent

£500.78

Annual Ground Rent

No ground rent

Ground Rent Review Period

No review period

Annual Service Charge

£1,300.80

Service Charge Review Period

Every 1 year

Lease End Date

06/04/2124

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.

Successful buyers will be required to complete anti-money laundering and proof of funds checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.