3 bedroom apartment for sale
Tyburn Gardens -D.0204, Silvertown Way, E16 1EA
Share percentage 25%, full price £610,000, £7,625 Min Deposit.
Share percentage 25%, full price £610,000, £7,625 Min Deposit.
Monthly Cost: £2,005
Rent £648,
Service charge £488,
Mortgage £869*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
LAST REMAING 3-BED. Up to £3,000 towards buying costs*. Stylish kitchen area with integrated appliances. Underfloor heating & private balcony.
Description
Reserve your home between the 1 - 31 July to receive up to £3,000 towards your buying costs.*
LAST REMAINING 3-BEDROOM APARTMENT
Tyburn Gardens - Plot D.0204
3 bedroom, 2 bathroom 2nd floor apartment just minutes from Canning Town station for Jubilee Lone & DLR.
Offering 105.82 sq.m of internal floor area & private balcony. Buy with just 5% deposit. Ready to move into.
£152,500 for a 25% share of £610,000 and a deposit as low as £7,625. Minimum income of £71,248
Full Market Value: £610,000
Shared Value (25%): £152,500
Minimum deposit: £7,625
Required income: £71,248
Rent pcm: £648
Council tax band: TBC
L&Q at Brunel Street Works offers stylish 1 and 2 bedroom homes available with Shared Ownership in Canning Town.
Following an impressive regeneration programme Canning Town is fast becoming East London's latest hot-spot, the destination of choice for city professionals and first time buyers alike.
Benefit from great transport connections on your doorstep. Less than a 5 minutes walk to Canning Town station for the Jubilee line, DLR and buses for a fast and convenient commute to Canary Wharf, The City and across the capital. Plus just a short walk from Custom House for the Elizabeth line. Enjoy an abundance of shops, cafés, restaurants, leisure activities and entertainment all within easy reach, from Westfield Stratford, the O2, Canary Wharf and the Royal Docks.
What is Shared Ownership?
Under the Shared Ownership scheme you part-own and part-rent your home, making it possible for first-time buyers and families to get on the property ladder. The minimum share you can purchase is 25% and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own. Over time, you can increase the share you own until you eventually own 100%.
*Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only. The buying cost will be paid by way of deduction from monies due at completion of the purchase. For full terms and conditions visitlqhomes.com/offers.Subject to using a broker and solicitor from L&Q's panel. *Shared Ownership terms and conditions apply. Please visitlqhomes.com/shared-ownershipfor more information.
Key Features
- READY TO MOVE INTO
- Up to £3,000 towards buying costs!* T&C's apply
- Just 5% deposit
- High specification kitchen with integrated appliances
- Underfloor heating
- Separate cloakroom room
- Private balcony
- Landscaped podium garden
- Less then 5 minute walk to Canning Town station for the Jubilee Line & DLR
- Short walk to Custom House for the Elizabeth line
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
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 25%, full price £610,000, £7,625 Min Deposit. Calculated using a representative rate of 5.26%
