2 bedroom apartment for sale
17 Maud Street, E16 1YR
Share percentage 40%, full price £435,000, £8,700 Min Deposit.
Share percentage 40%, full price £435,000, £8,700 Min Deposit.
Monthly Cost: £1,881
Rent £714,
Service charge £198,
Mortgage £969*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You will need to be earning a guidance income of £66,679. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £8,700. Total approximate savings required £12,700.
All London applicants will be considered, with priority given to Newham applicants. Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments. If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home.
Summary
Two Bedroom fifth floor apartment in the London Borough of Newham available through Shared Ownership
Description
Two bedroom apartment located on the 5th floor of a modern development in Canning Town east London. The property is within close proximity to Canning Town High Street, with a number of local amenities and numerous public transport links.
Ground floor
Communal Entrance and Passenger Lift.
5th Floor
Hall, reception/kitchen, two bedrooms and bathroom with WC.
External
Private balcony and communal gardens
GIA
74 s.qm
EPC rating
B
Length of lease
119 years
Borough
Newham
Key Features
- Balcony
- Communal garden
- Walking distance to local amenities/cafes and shops
- Walking distance to Canning town station
- Close proximity to transport links
Local Transport
- Canning Town Underground Station - (Jubilee Line) 0.3mi
- Canning Town Station - (DLR) 0.4mi
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £435,000, £8,700 Min Deposit. Calculated using a representative rate of 5.03%
