Magpie Close

Overview

**If you would like to arrange a viewing for this property please click the link to register your interest online. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

Shared Ownership

Full Market Value:  £465,000

Share Value (50%):  £232,500

Monthly Rent:         £243.83

Service Charge:      £50.83

Council Tax Band:  C 

189 year lease commenced April 1991 - 154 years remaining

L&Q welcomes you to view this two bedroom terrace house.

This bright and spacious mid terrace house consists of a separate kitchen and living area. The kitchen is fitted with beige wall and base units, with a wood effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan, with space for a washing machine. Ground floor living area/reception room with laminate flooring and an open staircase. Two spacious  double bedrooms, one benefitting from a built-in storage cupboard. The bathroom comes complete with a white three-piece suite with an electric shower over bath and a white tile surround. Garden has paved patio area, artificial grass for low maintenance and a garden shed. Allocating parking on paved driveway to front. 

Nestled in a quiet, family-friendly neighbourhood with no through traffic, this property is ideally located in the heart of Forest Gate. Just moments from Forest Gate Station on the Elizabeth Line, you'll enjoy direct and speedy access to Central London, Canary Wharf, and even Heathrow Airport. Wanstead Park Overground is also within easy walking distance, offering additional travel flexibility.

For shopping and entertainment, Stratford and Westfield Shopping Centre are nearby, providing a vast array of retail outlets, restaurants, and leisure facilities. Outdoor enthusiasts will appreciate being just a mile from the open green spaces of Wanstead Flats, perfect for walking, jogging, and family outings. Right on your doorstep is Forest Lane Park, complete with a children's play area at Forest Lane Lodge. The Atherton Leisure Centre is only a short stroll across the footbridge, offering swimming, fitness, and wellness amenities. Education is well catered for, with St. James CofE Primary just one street away, Forest Gate Community School within walking distance, and the University of East London close by. This location perfectly balances convenient urban living with a strong sense of community and access to nature.

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 £55,561. 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 www.lqhomes.com 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 July 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. 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. L&Q reserve the right to remove an incentive at any time.

Local area information

Magpie Close

Nestled in a quiet, family-friendly neighbourhood with no through traffic, this property is ideally located in the heart of Forest Gate. Just moments from Forest Gate Station on the Elizabeth Line, you'll enjoy direct and speedy access to Central London, Canary Wharf, and even Heathrow Airport. Wanstead Park Overground is also within easy walking distance, offering additional travel flexibility.

For shopping and entertainment, Stratford and Westfield Shopping Centre are nearby, providing a vast array of retail outlets, restaurants, and leisure facilities. Outdoor enthusiasts will appreciate being just a mile from the open green spaces of Wanstead Flats, perfect for walking, jogging, and family outings. Right on your doorstep is Forest Lane Park, complete with a children's play area at Forest Lane Lodge. The Atherton Leisure Centre is only a short stroll across the footbridge, offering swimming, fitness, and wellness amenities. Education is well catered for, with St. James CofE Primary just one street away, Forest Gate Community School within walking distance, and the University of East London close by. This location perfectly balances convenient urban living with a strong sense of community and access to nature.