1 bedroom apartment for sale
City Angel, Siena House, 11 Bollinder Place, EC1V 2AS
Share percentage 25%, full price £612,500, £15,313 Min Deposit.
Share percentage 25%, full price £612,500, £15,313 Min Deposit.
Monthly Cost: £1,850
Rent £675,
Service charge £385,
Mortgage £790*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Over 90% of 1-bedroom apartments sold - Don't miss out!
Description
• Unwind in the sauna
• Dive into the refreshing swimming pool
• Find serenity in the yoga studio*
Example 25% share price = £153,125
Rent on the remaining unpurchased 'share' of the home = £675pcm (charged at 1.75% of the unsold equity)
Estimated service charge = £385pcm
Length of lease: 990 years
Annual service charge amount: £4,620
Service charge review period: Annual
Council tax band: (C, D)
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
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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 £612,500, £15,313 Min Deposit. Calculated using a representative rate of 4.80%