2 bedroom apartment for sale
Carriage House, 42 Leyton Road, E15 1GF
Share percentage 45%, full price £560,000, £25,200 Min Deposit.
Share percentage 45%, full price £560,000, £25,200 Min Deposit.
Monthly Cost: £2,360
Rent £809,
Service charge £279,
Mortgage £1,272*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £83,273.You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £25,200.Total approximate savings required £29,200.
Important borough specific eligibility criteria
Newham
All London applicants will be considered – with preference given to those who are either living or working in the Borough.
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
Two-bedroom sixth floor apartment in Newham available for Shared Ownership 45% for £252,000.
Description
Internal
- Hallway
- Bedroom 1 with ensuite
- Bedroom 2
- Bathroom
- Open plan living room and kitchen
External
- Private balcony
GIA
- 77sqm
Lease
- 119 years remaining
EPC
- B
Key Features
- The property comes inclusive of heating and electricity.
Transport
- Stratford International / Railway (0.22 miles)
- Stratford / Underground and Overground (0.28 miles)
- Maryland / Underground (0.41 miles)
Local Area
- Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Leasehold
Lease Length: 119 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 45%, full price £560,000, £25,200 Min Deposit. Calculated using a representative rate of 4.59%
