2 bedroom apartment for sale
Beck Square, Waltham Forest, E10 7GA
Share percentage 30%, full price £495,000, £14,850 Min Deposit.
Share percentage 30%, full price £495,000, £14,850 Min Deposit.
Monthly Cost: £1,879
Rent £905,
Service charge £220,
Mortgage £754*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
A fantastic 2-bedroom apartment with a private balcony, integrated appliances and underfloor heating in Walthamstow
Description
There are good transport links with Lea Bridge Station 0.3 miles away and Clapton, Rectory Road, Walthamstow Queen's Road stations on the Overground. Local buses serve the area and the night buses link to Central London.
Local amenities are located a short walk away including ALDI, Asda for groceries. For leisure and enjoyment, Leyton high street is within easy reach which hosts a range of bars, restaurants, shops and plenty of green spaces/parks.
- Nearest stations: Lea Bridge Station 0.3 miles away and Clapton, Rectory Road, Walthamstow Queen's Road
- Bus routes nearby: 55, W19, 56, 97, 357, W15
Key features
- Private balcony
- Integrated appliances
- Concierge service
- Secure bike storage
- Lift access
- 2 bathrooms
- Underfloor heating
- Communal garden
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact href="https://enquiries@peabodynewhomes.co.uk">enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 243 Years
- Annual ground rent amount: £350
- Annual ground rent review period: Every 15 years
- Annual service charge amount: £2,642.64
- Service charge review period: Annually
- Council tax band: Band C
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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 30%, full price £495,000, £14,850 Min Deposit. Calculated using a representative rate of 4.64%
