2 bedroom apartment for sale

Under Offer

56 Shingly Place, Chingford, E4 6AE

£127,750 · Shared Ownership Resale

Share percentage 35%, full price £365,000, £12,775 Min Deposit.

Under Offer
2 bedrooms
1 Bathroom
Private Balcony/Terrace
Parking
£127,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £365,000, £12,775 Min Deposit.

Monthly Cost: £1,391
Rent £572, Service charge £171, Mortgage £648*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

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

Bright and spacious two bed property with great transport links

Description

An incredibly spacious top floor two bed flat in a fantastic location with an array of excellent transport links, local amenities and an allocated parking space!

This property is located in a block of only 6 flats. The property includes of an open-plan kitchen and reception room, with a further two double bedrooms, complete with ample space for desk/work area - perfect for working from home.
The 65sq/m apartment is extremely well proportioned throughout,

The flat has a spacious south facing balcony overlooking communal garden, lots of natural light throughoutand located within walking distance to Epping forest and quaint Chingford High Street with all basic and trendy amenities, transport links from Chingford overground 9 minutes to Walthamstow Central for Victoria line and 29 minutes to Liverpool Street.

The perfect property for a first time buyer or anyone looking to upgrade from a one bed flat.

Key Features

· Incredibly spacious two bed flat

· Bathroom with fitted bath & shower fixtures

· X 2 large storage cupboards

· Spacious West-facing balcony

· 1 allocated parking space

· EPC rating B

Particulars

Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D

Property Downloads
Key Information Document
Map
Chingford (0.68 miles) Highams Park (1.50 miles) Ponders End (1.56 miles)
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.

Read More Read Less
  • 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.

£127,750
Shared Ownership Resale
Estimated Monthly Cost:£1,391
Rent £572
Service Charge £171
Mortgage £648

Share percentage 35%, full price £365,000, £12,775 Min Deposit. Calculated using a representative rate of 4.64%


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.