2 bedroom apartment for sale

Available

Pan Peninsula Square, E14 9HA

£133,750 · Shared Ownership Resale

Share percentage 25%, full price £535,000, £13,375 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£133,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £535,000, £13,375 Min Deposit.

Monthly Cost: £2,752
Rent £1,222, Service charge £851, Mortgage £679*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

You will need to be earning a guidance income of £72,214. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £13,375 .Total approximate savings required £17,375.

Important borough specific eligibility criteria:

London Borough of Tower Hamlets

All London applicants will be considered – with preference given to those who are either living or working in the Borough.

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

Eighth Floor 2 bedroom apartment in Tower Hamlets available through shared ownership - 25% £133,750 Full Market Value £ 535,000

Description

Lovely one bedroom modern apartment located in Tower Hamlet close to the property with buses and trains connecting all over London.

Ninth Floor

Bedroom 1

Bedroom 2

Lounge and Open Plan Kitchen

Storage

Bathroom

Ensuite


GIA

69 sqm

EPC rating

B

Length of lease

108 Years

Borough

London Borough of Tower Hamlets

Key Features

Suburban location.

Good local amenities with schools, pubs, cafes, convenience stores.


Transport links are good with Canary Wharf & South Quay train station within walking distance of the subject
Local Transport

South Quay

Crossharbour & London Arena

Canary Wharf

Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
South Quay (0.13 miles) Crossharbour & London Arena (0.26 miles) Canary Wharf (0.31 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.

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  • 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.

£133,750
Shared Ownership Resale
Estimated Monthly Cost:£2,752
Rent £1,222
Service Charge £851
Mortgage £679

Share percentage 25%, full price £535,000, £13,375 Min Deposit. Calculated using a representative rate of 4.64%


Notting Hill Genesis Resales
View properties by this developer
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.