1 bedroom apartment for sale

Available

458 Forest Road, E17 4PZ

£300,000 · Discount Full Ownership

Share percentage 100%, full price £300,000, £30,000 Min Deposit.

Available
1 bedroom
1 Bathroom
Communal Terrace
Pets allowed
Accessible
Enjoy 100% homeownership from day one.
Floor plan
floor-plan
Floor plan
floor-plan
£300,000 Discount Full Ownership · Eligibility Eligibility

Share percentage 100%, full price £300,000, £30,000 Min Deposit.

Monthly Cost: £1,398
Service charge £194, Mortgage £1,204*

Calculated using a representative rate of 2.45%

Calculate estimated monthly costs

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Eligibility

To be eligible to purchase a Pocket home at this scheme, buyers will need to:

  • Have a household income of no more than £90,000 per annum
  • Not currently own any property
Summary

Large, east facing one bedroom home for sale just 0.1 miles from Walthamstow Central Station. Enjoy 100% homeownership from day one!

Description

Forest Road E17, offering one-bedroom homes discounted by 20% to the local market. Each home is designed to maximise space and light by having big, floor to ceiling windows. There is plenty of storage space and a fully-fitted kitchen with worktops, an undermounted sink and integrated appliances: ceramic hob, oven and fridge freezer. The best part is, you own 100% from day one!

At Pocket Living we build homes for people we call city makers. These are the Londoners who contribute economically, socially and culturally to the day-to-day life of the capital. We're particularly keen to help local first time buyers on modest incomes. Pocket homes are discounted by 20% to the local market, allowing Pocket owners to own 100% of their home at a discounted price.

This home is one of our largest in the building - located on the1st floor withaccess to a ground floor communal courtyard garden and two communal roof terraces - these spaces have been designed with seating areas to relax and socialise, raised planters and communal growing beds for residents to grow their own produce. Pocket developments always build strong communities, and with these additional spaces to hang out with your neighbours and friends, Forest Road E17 is a pretty special place to buy your first home.

Forest Road E17 is a car-free development (apart from with respect to two shared spaces for Blue Badge holders available on a first come first serve basis), and homeowners will not be granted a residents parking permit. These homes will come with a 999-year lease (less 3 days) and a Residents’ Management Company (RMC) will be formed by the Managing Agent, of which all homeowners will become members; some homeowners may choose to become Directors of the RMC. Forest Road. A combination of air source heat pumps and boilers to deliver heating and hot water – each resident will be billed according to their own controlled usage and cannot change gas suppliers. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria. Subletting is only permitted in extenuating circumstances.

Key Features
  • 0.6 miles from Walthamstow Central Station.
  • Two roof terraces with views of The William Morris Gallery.
  • Communal courtyard garden with a ping pong table.
  • Energy-efficient with space saving features.
  • Secure cycle storage.
  • Pets are welcome.
  • Join a community of like minded people.
  • Plenty of storage space.
  • Contemporary tiled bathroom.
Particulars

Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: C

Property Downloads
Floor Plan Brochure
Map
Walthamstow Central (0.48 miles) Walthamstow Queens Road (0.63 miles) Wood Street (0.72 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£300,000
Discount Full Ownership
Estimated Monthly Cost:£1,398
Service Charge £194
Mortgage £1,204

Share percentage 100%, full price £300,000, £30,000 Min Deposit. Calculated using a representative rate of 2.45%


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Forest Road E17
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Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.