Just added

£130,500

1 bed flat for sale
Candle Street, Mile End E1

    • 1 bed

    • 1 bath

    • 1 reception

  • Shared ownership
  • Pets allowed
  • Leasehold

L&Q - Pre Owned Shared Ownership Homes

Logo of L&Q - Pre Owned Shared Ownership Homes

About this property

  • Excellent Transport Links

  • Pets Allowed

  • Good EPC Rating

  • Communal Gardens

  • This property benefits from a sinking fund

Shared ownership

Full Market Value: £290,000

Share Value (45%): £130,500

Monthly Rent: £615.35

Service Charge: £210.83

Council Tax Band: D

125 year lease commenced April 2007 - 105 years remaining

EWS1 Certification - B1 rating - We are now working with an independent panel of Fire Engineers to review any L&Q building inspections conducted by Tri Fire. Where the panel is not satisfied with the inspection and certificate awarded, we will instruct a new inspection of the building as soon as possible.

Get a £500 Amazon voucher to help with your move to this apartment* T&Cs apply.

Enter this one bedroom east facing apartment via a hallway with storage. A well proportioned open plan reception room has a door leading to a juliette balcony. The kitchen is fitted with a range of Beech wall and base units and includes an integrated oven, hob and extractor. The generous bedroom gives ample space for a home office A part-tiled bathroom, with shower over bath, completes the accommodation.

This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.

Mercer Court is ideally located for those looking to live in a vibrant and well-connected part of East London. It also benefits from good transport links, with Stepney Green Underground Station nearby (serving the District and Hammersmith & City lines) and Whitechapel Station just a short distance away, offering access to the Elizabeth, District, Hammersmith & City, and Overground lines, as well as the DLR to the South at Limehouse Station. Mile End station also gives you access to the Central line as well as the District and Hammersmith & City lines.

The area offers a wide range of local amenities, including convenience stores, restaurants, cafes, and pubs, providing easy access to everyday needs, as well as being a 30 seconds walk from the scenic Regents Canal, which offers walking routes through Victoria Park to the North, and connects to the Thames River and Limehouse Marina to the South, great for walking and cycling. The nearby Whitechapel High Street offers a mix of shops, markets, and eateries. Spitalfields Market is also just a short distance away, offering a variety of independent boutiques, food stalls, and restaurants. Bethnal Green and Shoreditch are also nearby, providing access to vibrant cultural scenes, including galleries, nightlife, and a thriving arts community.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £52,913. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of June 2026

*The £500 Amazon voucher is currently being offered on this 1 bedroom resale apartment and is applicable to any Shared Ownership purchase that reserves by 30th June 2026. The voucher will be supplied within 75 days of completion of the purchase and will be an e-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1 bedroom resales Shared Ownership apartment. Please quote reference: RESALE1BEDSPRING26 when redeeming this offer.

Local Area Information

Mercer Court is ideally located for those looking to live in a vibrant and well-connected part of East London. It also benefits from good transport links, with Stepney Green Underground Station nearby (serving the District and Hammersmith & City lines) and Whitechapel Station just a short distance away, offering access to the Elizabeth, District, Hammersmith & City, and Overground lines, as well as the DLR to the South at Limehouse Station. Mile End station also gives you access to the Central line as well as the District and Hammersmith & City lines.

The area offers a wide range of local amenities, including convenience stores, restaurants, cafes, and pubs, providing easy access to everyday needs, as well as being a 30 seconds walk from the scenic Regents Canal, which offers walking routes through Victoria Park to the North, and connects to the Thames River and Limehouse Marina to the South, great for walking and cycling. The nearby Whitechapel High Street offers a mix of shops, markets, and eateries. Spitalfields Market is also just a short distance away, offering a variety of independent boutiques, food stalls, and restaurants. Bethnal Green and Shoreditch are also nearby, providing access to vibrant cultural scenes, including galleries, nightlife, and a thriving arts community.

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More information

  • Tenure

    Leasehold (106 years)

  • Service charge

    £211 per month

  • Council tax band

    D

  • Ground rent

  • Ground rent date of next review

See all recent sales in E1

Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre Owned Shared Ownership Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q - Pre Owned Shared Ownership Homes for full details and further information.