2 bedroom apartment for sale
Titley Close, E4 8PL
Share percentage 35%, full price £360,000, £12,600 Min Deposit.
Share percentage 35%, full price £360,000, £12,600 Min Deposit.
Monthly Cost: £1,558
Rent £678,
Service charge £244,
Mortgage £636*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Purpose built apartment in popular area
Description
SHARED OWNERSHIP
Full Market Value: £ 360,000
Share Value (30%): £126,000
Monthly Rent: £678.25
Service Charge: £244.38
Annual Ground Rent: £100 per annum
Council Tax Band: C
125 year lease commenced August 2015 - 115 years remaining
For a limited time, enjoy a £1,000 Ikea voucher to help with your move on this property*
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
Thisbright andspaciousapartment consistsof an open-plan kitchen and living area, flooded with natural light from wide floor-length windows. The kitchen, with integrated appliances, is fitted with matt grey wall units and white base units, with under-cupboard lighting, and grey stone effect worktops. There are two double bedrooms, the master benefitting from fitted wardrobe and en-suite shower room. A contemporary bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. there is additional storage in the hallway.
Located on the Iconic Walthamstow Stadium development, this apartment is a 10-minute bus-ride from Walthamstow Central (Victoria line) and within walking distance of Higham's Park (London overground). Walthamstow and Higham's Park both offer numerous independent cafes,shops, restaurants and pubs.
Across the road from Stadium Place you will find a large Sainsburys and Morrisons. A nursery is soon due to open on the site and there are four primary and three secondary schools within half a mile.
To the West, nearby Lea Valley Park offers miles of cycle ways to explore, while to the North and East lies the timeless Epping Forest. Closer to home, there is a small gym on site (run by 'Better') and the Walthamstow Feel good centre is within walking distance with a 50m pool, running grounds, trampoline park, gym and spa facilities).
The buyer 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 £58,337. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that 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 a property in one of our schemes. If you are not registered, please visit our websitelqhomes.com and register to obtain your unique reference 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.
*The £1,000 Ikea voucher incentive is available for a limited time on all 2, 3 and 4 bedroom resales properties and is redeemable for any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee, and where the buyer is purchasing a higher share than is being sold. The vouchers (2 x £500) will be supplied within 75 days of completion of the purchase and will be E-Vouchers, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent or L&Q for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other resales shared ownership property.
Key Features
- Close to station
- Light and airy
- Private balcony
- Good EPC rating
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £360,000, £12,600 Min Deposit. Calculated using a representative rate of 4.59%