3 bedroom apartment for sale
Lyle Apartments, 19 Shackleton Way, London, E16 2XS
Share percentage 40%, full price £530,000, £21,200 Min Deposit.
Share percentage 40%, full price £530,000, £21,200 Min Deposit.
Monthly Cost: £2,428
Rent £858,
Service charge £500,
Mortgage £1,070*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £80,469. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £21,200. Total approximate savings required £25,200.
Important borough specific eligibility criteria: Newham
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
Three bedroom fourth-floor apartment in Newham available on Shared Ownership 40% at £212,000.
Description
Internal
- Hallway
- Reception / Kitchen
- Master bedroom with ensuite
- Second bedroom
- Third bedroom
- Bathroom
External
- Balcony
- Car parking space
GIA
94sqm
EPC
B
Lease
120 years remaining
Key Features
Transport
- Gallions Reach (0.22 miles)
- Cyprus (0.49 miles)
- King George V (0.62 miles)
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: F
Property Downloads
Floor Plan Energy CertificateMap
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 £530,000, £21,200 Min Deposit. Calculated using a representative rate of 4.59%
