2 bedroom apartment for sale
17 Maud Street, E16 1YR
Share percentage 35%, full price £410,000, £14,350 Min Deposit.
Share percentage 35%, full price £410,000, £14,350 Min Deposit.
Monthly Cost: £1,738
Rent £664,
Service charge £350,
Mortgage £724*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £56,086. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,350.Total approximate savings required £18,350.
Important borough specific eligibility criteria - Newham
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
One-bedroom sixth floor apartment in Newham available through Shared Ownership 35% at £143,500
Description
Internal
- Hallway
- Bedroom 1
- Bedroom 2
- Living room / kitchen
- Bathroom
External
- Private balcony
- Communal grounds
GIA
70sqm
EPC rating
B
Length of lease
118 years
Borough
Newham
Key Features
Transport
- Canning Town (0.25 miles)
- Royal Victoria (0.58 miles)
- Custom House (0.77 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: C
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 35%, full price £410,000, £14,350 Min Deposit. Calculated using a representative rate of 4.59%
