2 bedroom apartment for sale
Apollo Court, E15 2FF
Share percentage 35%, full price £395,000, £13,825 Min Deposit.
Share percentage 35%, full price £395,000, £13,825 Min Deposit.
Monthly Cost: £1,856
Rent £832,
Service charge £322,
Mortgage £702*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Centrally located in Stratford / On site gym / Communal gardens / Bike storage
Description
SHARED OWNERSHIP
Full market value - £395,000
You pay (35%) - £138,250
Monthly rent - £832.32
Monthly service charge - £321.68
Annual Ground Rent:£ 0
Council Tax Band: D
125year lease commenced inAugust 2015 - 116 years remaining
EWS1 certification is available for this building - B1 rating
Enter this well presented apartment via a spacious hallway with storage cupboard. The open plan living area opens onto a private balcony overlooking a playing field. There is one double bedroom and a second single/home office, both with fitted wardrobes. A family bathroom completes the accommodation.
Apollo Court is situated within a desirable development in the heart of Stratford, a short walk from Stratford Station, one of London's major transport hubs. We consider this home to be situated in an ideal location which offers access to great local amenities and excellent transport links for the commuter.
Westfield shopping centre and the Queen Elizabeth Olympic Park are less than a mile away, offering a host of outdoor and indoor activities for all ages. Westfield with its array of shops, bars and restaurants and the Queen Elizabeth Olympic Park with its aquatic centre, ArcelorMittal Orbit, theatre and vast outdoor space.
Tokeep fit, an on site gym is available at an additional monthly cost, or Gymbox Gym atWestfield which offers a range of fitness classes and personal training sessions. All residents enjoy a24/7 concierge service(including grocery cold store if you're out) private residents lounge, communal gardens and bike storage.
Stratford station is within 0.6 miles and Stratford International station, within 1.4 miles, both offering numerous short and long distance services and links to the DLR and underground.
You 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 £68,958. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; 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 the property for our schemes. Please visit our website www.lqhomes.com to register and obtain your unique registration 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 of June 2024.
Key Features
- Well located
- Good EPC rating
- Communal heating system
- Integrated appliances
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
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 35%, full price £395,000, £13,825 Min Deposit. Calculated using a representative rate of 4.64%