Pegasus House (Greengate Street, London E13 0BN) 1 bedroom apartment available exclusively through Intermediate Market Rent Rent £1,100 per calendar month Intermediate Market Rent with L&Q Intermediate Market Rent (IMR) is scheme designated to help you save money by offering rents at 80% of a similar property on the open market. The savings you make on the discounted rent can then be used towards a deposit for your first home. With reduced monthly payments, you'll have more room to build up your savings towards a deposit for your first home. To be eligible for in Intermediate Market Rent home, you must: Have the right to rent - proven by possession of British/EU/EEA Citizenship or a valid UK residency visa Be able to provide one month's rent in advance and five weeks' rent as a tenancy deposit Meet the minimum income and affordability standards - this will depend on the price of the home you are interested in The minimum income for the property is £44,954.59 Minimum income requirements should be used as a guide and can vary depending on a household's circumstances and financial commitments To rent an IMR home with us, you must not: Already own a property or be in the process of buying. Have a household income that exceeds £75,000 Have an adverse rental history, for example, rent arrears or damage to a property. Have a history of bankruptcy, defaults which include late payments, county court judgments (CCJs) or Individual Voluntary Agreements (IVAs). Newham is a vibrant and diverse borough in East London, renowned for its rich cultural heritage and a thriving sense of community. As one of London's most rapidly developing areas, Newham blends modern urban living with pockets of green space, including the expansive Queen Elizabeth Olympic Park, providing a scenic retreat for outdoor activities and leisure. The borough benefits from excellent transport links, with multiple DLR, Underground, and National Rail stations offering quick access to central London, Canary Wharf, and beyond. This connectivity makes Newham an attractive location for professionals working in the city's financial districts and nearby business hubs. Newham also boasts a wide array of amenities, from schools and healthcare facilities to local markets, shopping centres like Westfield Stratford City, and a diverse range of restaurants and entertainment venues. With a strong focus on regeneration, the borough is home to modern housing developments alongside historic areas, catering to both families and young professionals. Newham offers a dynamic lifestyle in a rapidly evolving part of London, where tradition meets progress.