2 bedroom apartment for sale
CORSAIR HOUSE, 5 Starboard Way, E16 2NY
Share percentage 25%, full price £565,000, £14,125 Min Deposit.
Share percentage 25%, full price £565,000, £14,125 Min Deposit.
Monthly Cost: £1,930
Rent £833,
Service charge £380,
Mortgage £717*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 61.004. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £14,125. Total approximate savings required £18,125
Important borough specific eligibility criteria
Newham
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
2 bedroom 5th floor apartment is situated in the silvertown development available through shared ownership 25% share £141,250 Full Market Value £ 565,000
Description
Internally
Ground Floor: Entryphone system to Communal Hallway, Passenger Lift and Stairwell.
Fith Floor :2 Bedroom. Reception/Kitchen. Hallway. Bathroom with WC, En-Suite
Externally: Balcony accessed from Reception Room.
GIA
80 sqm
Accessibility rating
F
EPC rating
B
Lease Length
116 years
Key Features
Property highlights:
- Spacious apartment
- A high quality specification
- 24 hour concierge
- Large External Balcony
- Club House
- Swimming Pool
- Next door to Pontoon Dock DLR station
- Green space close by at Thames Barrier Park
Only 0.3km from Pontoon Dock DLR, you can reach Canning Town under 5 minute on the DLR, connecting you to the Jubilee Line and London Underground network. The Crossrail station at Custom House (opening in the near future) will open up faster travel between east and west London and beyond.
Both Canary Wharf and the City of London are an easy and short commute from Traders' Quarter.
About Traders' Quarter at Royal Wharf
The Royal Docks were once the commercial hub of London with many extraordinary items being traded through them. Now you can create your own story and buy one of the extraordinary Shared Ownership apartments at Traders' Quarter at Royal Wharf.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
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 25%, full price £565,000, £14,125 Min Deposit. Calculated using a representative rate of 4.64%
