1 bedroom apartment for sale
Whitby House, 26 Marsh Wall, E14 9AX
Share percentage 25%, full price £390,000, £9,750 Min Deposit.
Share percentage 25%, full price £390,000, £9,750 Min Deposit.
Monthly Cost: £1,393
Rent £705,
Service charge £196,
Mortgage £492*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £47,455. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £9,750. Total approximate savings required £13,750.
Important borough specific eligibility criteria
Tower Hamlets
Priority will go to applicants with a connection to Tower Hamlets but all applicants can apply.
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 and are deemed to be in need of housing by your local council
Summary
One Bedroom Third Floor Flat In London Borough of Tower Hamlets Available Through Shared Ownership - 25% Share £97,500 - Full Market Value £390,000
Description
Third floor
- One bedroom
- Entrance hallway with storage
- Open plan kitchen/sitting room
- Bathroom
GIA
Approx 51 sqm
EPC rating
B
Length of lease
110 years remaining
Borough
Tower Hamlets
Key Features
This property is part of a purpose-built residential development with good local amenities, schools and Canary Wharf train station nearby.
Local Transport
- Canary Wharf - 0.6 miles
- West India Quay - 0.6 miles
Particulars
Tenure: Leasehold
Lease Length: 110 years
Council Tax Band: D
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 25%, full price £390,000, £9,750 Min Deposit. Calculated using a representative rate of 4.59%