1 bedroom apartment for sale
Hops House, , E17 7FE
Share percentage 40%, full price £380,000, £15,200 Min Deposit.
Share percentage 40%, full price £380,000, £15,200 Min Deposit.
Monthly Cost: £1,364
Rent £489,
Service charge £108,
Mortgage £767*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Walthamstow, London
Description
Bright and modern one-bedroom apartment in Walthamstow available through Shared Ownership. This first-floor apartment comprises a private entrance hall with a storage cupboard, an open plan kitchen and reception room, a large bedroom, and a bathroom. The property also benefits from a private balcony accessed via the reception room and access to communal grounds and areas.
Minimum income required: £55,330
This is reduced if a larger deposit is available.
More shares can be purchased, from a minimum of 10%.
Available for £152,000 for 40% share based on the marketing figure of £380,000.
SO Resi Monthly Payment - £488.74
Monthly Service Charge - £107.81
Total Monthly Charge - £596.55 plus mortgage required for 40% share.
The property is approximately 50m2.
Reception room: 5.64 x 3.63
Kitchen: 3.00 x 1.93
Bedroom: 4.50 x 3.05
Balcony: 3.68 x 1.52
EPC ratingEnergy Rating Band - B
Environmental Impact Band - B
All room dimensions are approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
Key Features
- One bedroom
- Open plan living area
- Private balcony
- Close to local amenities
- Available for 40% share
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £380,000, £15,200 Min Deposit. Calculated using a representative rate of 4.59%
