1 bedroom apartment for sale
5 Epping House, 41 WoodGrange Road, Forest Gate, E7 8BA
Share percentage 25%, full price £462,500, £5,781 Min Deposit.
Share percentage 25%, full price £462,500, £5,781 Min Deposit.
Monthly Cost: £1,621
Rent £795,
Service charge £182,
Mortgage £644*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
*Reserve our Home of the Week for £2000 towards legal fees.* A beautiful first floor apartment and terrace available on shared ownership. *£4000 towards moving costs for reserving a 1 bed! *See T&C*
Description
80% sold in six months!
Home of the Week: Plot 5 | 5 Epping House - Reserve our Home of the Week and we’ll contribute £2000 towards your legal fees.*See T&C*
£4000 towards your moving costs when you reserve a 1 bed *See T&C*| Don't miss your chance to own a home at Warden's Reach | Great specification | Close to parks and transport connections
Set in the thriving London Borough of Newham, Warden’s Reach offers a beautiful collection of brand new one and two bedroom apartments available for shared ownership. The price advertised represents purchasing a 25% share of the home. These brand new homes offer a high specification as standard, including many with balconies or winter gardens, easy access to central London via the Elizabeth Line and are surrounded by a wide variety of parks and open spaces.
Availability: ready to reserve, contact us to book your viewing!
The well-proportioned kitchen/dining area comprises of a range of wall and base units with worktop over, integrated oven, hob and extractor, sink, and drainer. Appliances include a single oven, induction hob and extractor hood, fridge/freezer, dishwasher and washing machine. Patio doors lead out onto the winter garden. Bedroom one is situated to the front of the property. The bathroom comprises of a modern white three-piece suite of pedestal wash basin, WC, and bath.
Kitchen/Living/Dining 8.86m X 2.71m (29’1” X 8’10”)
Bedroom 3.52m X 4.74m (11’6” X 15’6”)
This home comes with fitted flooring throughout.
Warden’s Reach appeals to buyers due to its close proximity to central London and its wide variety of parks and open spaces. There is plenty to do in Forest Gate – the district has a multi-million-pound leisure centre with a gym, exercise studios, two swimming pools and a crèche. Forest Lane Park is a stunning landscaped space with a small lake, footpaths and play areas for children. Shared Ownership
The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.
At Warden’s Reach, you can buy a minimum 25 % share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change
Local Area - (All times are approximate)
Forest Gate Underground Station - Elizabeth Line
3 Minutes by Foot
Westfield Stratford Shopping Centre
41 Minutes by Foot
18 Minutes by Underground
Queen Elizabeth Olympic Park
39 Minutes by Foot
15 Minutes by Underground
Wanstead Flats - Park and Garden
12 Minutes by Foot
Disclaimers
Agent's Note
Please note that all particulars and images are for marketing and illustrative purposes only. Advertising images may include upgrades as home specifications can vary.
IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise.
*Plot-specific offer. Terms and conditions apply. No cash alternative is available. Please speak to your sales adviser for more details.
Key Features
· Storage Space
· Open plan living
· Secure entry system
· New build Shared Ownership
· New Build Apartment
· 1 Double Bedroom
· Balcony
· Separate utility room
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 £462,500, £5,781 Min Deposit. Calculated using a representative rate of 5.03%
LSL Land & New Homes / The SO Hub
