1 bedroom apartment for sale
Laker Court, E14 9ZE
Share percentage 25%, full price £440,000, £11,000 Min Deposit.
Share percentage 25%, full price £440,000, £11,000 Min Deposit.
Monthly Cost: £1,941
Rent £959,
Service charge £427,
Mortgage £555*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £60,711. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000.Total approximate savings required £15,000.
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
Description
Internal
Entrance hallway
One double bedroom
Open plan kitchen and living room
Bathroom
External
Private balcony
GIA
50sqm
Length of lease
121 years remaining
Key Features
Transport
South Quay / DLR (0.13 miles)
Crossharbour & London Arena / DLR (0.29 miles)
Canary Wharf / Underground (0.32 miles)
Local Area
Easy access to various amenities; schools, gyms, shops, restaurants, bars and recreational facilities.
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 £440,000, £11,000 Min Deposit. Calculated using a representative rate of 4.59%
