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2 bedroom apartment for sale

Available

Clematis House, E10 5GY

£202,500 · Shared Ownership Resale

Share percentage 50%, full price £405,000, £20,250 Min Deposit.

Available
2 bedrooms
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£202,500 Shared Ownership Resale

Share percentage 50%, full price £405,000, £20,250 Min Deposit.

Monthly Cost: £1,693
Rent £420, Service charge £251, Mortgage £1,022*

Calculated using a representative rate of 4.59%

Calculate estimated monthly costs

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Summary

Our Winter Offer: A £1,000 Ikea voucher on completion*. Pets allowed, communal gardens, excellent transport links and large balcony.

Description

SHARED OWNERSHIP

Full Market Value: £ 405,000

Share Value (50%): £ 202,500

Monthly Rent: £ 419.69

Service Charge: £ 250.97

Ground Rent: £100 per annum

Council Tax Band: C

125 year lease commenced March 2014 - 115 years remaining

EWS1 Certification is available for this property - B1 Rating

The open plan living area of this apartment opens onto a full width private balcony. the fully fitted kitchen featuring integrated appliances. there are two double bedrooms, one with fitted wardrobe. The second has doors opening onto the balcony. A family completes the accommodation.

Leyton is a vibrant and well-connected neighbourhood, offering an array of amenities within easy reach. From local shops, supermarkets, and cafes to trendy restaurants and recreational facilities, everything you need is just a stone's throw away. Excellent transport links, including Leyton Tube Station on Central Line and Leyton Midland Overground Station, provide easy access to the wider city and beyond. The Olympic Park and the Stratford International Station are within a short bike ride away with Westfield Stratford and much being so close to your door step.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £63,518. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our websitelqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at April 2024.

*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.

Key Features
  • Excellent transport links
  • Well presented
  • Large balcony
  • Communal heating
  • Ample storage
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Leyton Midland Road (0.30 miles) Walthamstow Central (0.78 miles) Walthamstow Queens Road (0.80 miles)
Material Information

Total rooms:

Furnished: Enquire with provider

Washing Machine: Enquire with provider

Dishwasher: Enquire with provider

Fridge/Freezer: Enquire with provider

Parking: n/a

Outside Space/Garden: n/a

Year property was built: Enquire with provider

Unit size: Enquire with provider

Accessible measures: Enquire with provider

Heating: Enquire with provider

Sewerage: Enquire with provider

Water: Enquire with provider

Electricity: Enquire with provider

Broadband: Enquire with provider

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£202,500
Shared Ownership Resale
Estimated Monthly Cost:£1,693
Rent £420
Service Charge £251
Mortgage £1,022

Share percentage 50%, full price £405,000, £20,250 Min Deposit. Calculated using a representative rate of 4.59%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.