Share percentage 30%, full price £445,000, £6,675 Min Deposit.
Monthly Cost: £1,884
Rent £922,
Service charge £218,
Mortgage £744*
Calculated using a representative rate of 5.03%
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
We are delighted to market this stunning 2 Bedroom apartment at the desirable Bow River Village.
Description
We are delighted to market this stunning 2 Bedroom apartment at the desirable Bow River Village.
Inside you will find a spacious entrance hallway with a large storage cupboard, providing plenty of room for shoes and coats.
Moving from here you find the open plan living room and kitchen. The living room, which has plenty of space to also have a dining area, is bright and airy thanks to the large windows and door leading to your private terrace. The kitchen offers a modern design and lots of storage and counterspace & has fully integrated appliances, including the hob, extractor fan, oven and fridge freezer.
Next up are the two bedrooms, the smaller still being a good size and would be perfect for a double bedroom, children's room or large work from home space. The Master, providing even more space, comes with a built in wardrobe and has lots of space for all your bedroom furniture needs. In addition, the master bedroom has its own terrace.
Finally, you have the modern family bathroom with floor to ceiling tiles, complete with a shower over the bath.
Throughout, the property exudes a modern ambiance, accentuated by oak-style wood flooring in the main living areas and a chic design in both the kitchen and bathroom. Additionally, you have the added benefit of your own private terrace. This property would be ideal for singles, couples and small families alike, and lends itself to working individuals due to it's excellent transport links or those who like having a wealth of things to do close by.
Key Information:
Full Market Value:£445,000
Share:30%, £133,500
Rent:£920.34
Service Charge:£218.44
Lease Length:119 Years
Key Features
Situated within the sought-after Bow River Development, this property offers proximity to excellent local amenities including shopping and dining options. Enjoy superb transport links, with Bromley-by-Bow underground station just under 10 minutes away, providing access to the Hammersmith and City as well as the District Lines.
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 £445,000, £6,675 Min Deposit. Calculated using a representative rate of 5.03%
