2 bedroom apartment for sale
62 Merriam Close, E4 9JQ
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Monthly Cost: £1,505
Rent £795,
Service charge £203,
Mortgage £507*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
2 bed ground floor flat in a fantastic location
Description
A lovely ground floor flat with an allocated parking space with lockable bollard. The property is spacious with large windows that allow lots of light throughout the day, and has ample storage space from hallway cupboards. With a fully integrated kitchen, this flat comes with a fridge freezer, fridge and a oven.
The estate has a communal grass area which is maintained to the highest standard.
The location of the flat is perfect for commuters as is a 4 minutes’ walk to Highams Park station, which gets you to Walthamstow Central Victoria line in under 5 minutes. Great transport connections to central London which enables you will get to Kings Cross within 30 minutes. There is also a bus stop within 1 minute of the flat.
Highams Park is a lovely peaceful suburb of Waltham Forest with many pubs, cafes and restaurants. There is a large Tesco in the middle of it, with a well-priced gym. The flat is 5 minutes’ walk to a sustainable wild habitat local park which is the start of Epping Forest, offering acres of green space to explore.
The flat is in an excellent state of repair as it was only built in 2021.
Key Features
- Allocated parking space
- Large 1 bed
- Lots of storage
- Bright with lots of windows
- Open plan living room
- Modern kitchen
- Private balcony
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: D
Property Downloads
Key Information DocumentMap
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 £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.64%
