Share percentage 55%, full price £470,000, £12,925 Min Deposit.
Monthly Cost: £2,369
Rent £687,
Service charge £242,
Mortgage £1,440*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
We are delighted to market this stunning 2 bedroom apartment in the desirable Bow River Village development.
Description
We are delighted to market this stunning 2 bedroom apartment in the desirable Bow River Village development. Inside you will find a spacious entrance hallway will ample room for shoes and coats, as well as a good sized storage cupboard. This leads you into the large, bright, open plan kitchen, dining area and living room. You have plenty of space for a living and dining area. In addition, the room benefits from a good sized balcony with beautiful views over the River Lea. The kitchen is well equipped, modern, with integrated oven, hob, extractor fan and fridge/freezer. Next up you will find the master bedroom with plenty of space for all your bedroom furniture and storage, with large floor to ceiling windows giving lots of natural light to the space. The master bedroom benefits from a modern en-suite with walk in shower. The second bedroom is a good size, perfect for another bedroom or office space. Finally, you have another modern bathroom with a bath over the shower and floor to ceiling tiles.
Key Features
Bow River Village sits next to the quiet River Lea, but also have excellent transport links as it is situated near the A12, buses stop regularly nearby, Bromley-by-Bow underground station (Hammersmith & City and District Lines) is 5 minutes' walk and Bow Road DLR less than 10. Local stations will give you an easy 15 minute commute to Canary Wharf or the City.
The River Lea offers you tranquil river walks and shared spaces beside the water so you can enjoy this unique location to the full. This is the perfect place to enjoy a sunny Sunday afternoon, or watch the sun go down after a hard day at work.
Near Bow River Village you will find lots to do, with Roman Road market, is the oldest in the country, nearby & Victoria Park which is one of the finest in London, complete with wide open spaces, ponds and wildlife close, too. You'll also find pop-up bars, restaurants and galleries, cinemas, theatres and performance venues sitting alongside traditional pubs and fish & chip shops.
Key Features:
- Private Balcony
- Long Lease of 116 Years
- Lots to do nearby
- Excellent Transport Links
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D
Property Downloads
Key Information Document 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 55%, full price £470,000, £12,925 Min Deposit. Calculated using a representative rate of 5.03%
