2 bedroom apartment for sale
Horizons Tower, 1 Yabsley Street, E14 9BH
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Share percentage 25%, full price £550,000, £13,750 Min Deposit.
Monthly Cost: £2,130
Rent £1,138,
Service charge £298,
Mortgage £694*
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 £72,369. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,750. Total approximate savings required £17,750.
Important Borough Specific Eligibility Criteria
Tower Hamlets
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 first floor apartment in Canary Wharf available through Shared Ownership 25% at £137,500.
Description
Internal
- Entrance hallway
- Master bedroom with ensuite
- Second bedroom
- Living room / kitchen
- Bathroom
External
- Private balcony
GIA
- 71sqm
EPC rating
- B
Length of lease
118 years remaining
Borough
Tower Hamlets
Key Features
Transport
- Blackwall (0.19 miles)
- East India (0.32 miles)
- All Saints (0.45 miles)
Local Area
- Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities
Particulars
Tenure: Leasehold
Lease Length: 118 years
Council Tax Band: F
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 £550,000, £13,750 Min Deposit. Calculated using a representative rate of 4.59%