Living in Poplar Co-operative Style!

Filed under: London | For Sale flat

Number of beds: 1

Need a step up on the Housing Ladder?
Consider Glenkerry Co-operative Housing Association based in Poplar. We have been running for over 35 years and are the only surviving co-operative scheme of its kind. It is considered to be a model for co-operative management for buildings of this type.
The 13-storey block was designed by the world famous architect Erno Goldfinger. The flats are for sale for owner-occupation only at half the District Valuers (DV) valuation.
You pay half price, not buy half / rent half. The monthly service charge includes seasonal heating (October to April) and cyclical maintenance.
We are currently looking for co-operative minded people to join our waiting list.
Sample flat prices:

1 bedroom flat
DVs assessed price: £150,000 (Price correct for last basic valuation by DV in November 2015.)
You pay: £75,000
Monthly Service Charge: £145
2 bedroom flat
DV's assessed price: £180,000 (Price correct for the last valuation by DV in May 2015.)
You pay: £90,000
Monthly Service Charge: £185
4 bedroom flat
DV's assessed price: £257,500 (Price correct for the last valuation by DV in December 2013.)
You pay: £128,750
Monthly Service Charge: £211
Glenkerry House offers airy living space from within Zone 2, with excellent transport links, for example to Canary Wharf, Lewisham, Central London and Stratford.
Glenkerry Residents run the co-operative entirely themselves. Everyone who buys is expected to participate by sitting on the management committee or contributing positively in other ways. This is a friendly, supportive environment with occasional social activities for residents such as a summer barbecue and Christmas party.
All flats are sold through the co-operative only.
So, if you want a step up on the housing ladder, use the link provided at the top of the advert (below the price) to visit our website. Here you can get more information about us and download an application form.
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