1 bedroom apartment for sale
Flat 44, John Wetherby Court West, 16 High Street, E15 2PP
Share percentage 25%, full price £310,000, £7,750 Min Deposit.
Share percentage 25%, full price £310,000, £7,750 Min Deposit.
Monthly Cost: £1,230
Rent £517,
Service charge £320,
Mortgage £393*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Are you eligible for a Shared Ownership home?
Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.
General Shared Ownership eligibility criteria
- You must be aged 18 or older.
- Your annual household income if buying outside of London must be less than £80,000.
- Your annual household income if buying in London must be less than £90,000.
- You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
- You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
- You must be able to show you are not in rent or mortgage arrears.
- You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.
Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.
Priority for Shared Ownership:
In some instances, priority for Shared Ownership properties can be given to applicants:
- That work for the Armed Forces / Minsitry of Defence.
- Who are council and housing association tenants.
- Who live or work in the borough in which the property is located over those who currently live or work outside it.
- On some developments, secondary priority is given to applicants who live or work in the neighbouring borough
Summary
Stunning One-Bedroom Apartment with Canal-Side Views in Stratford!
Description
Superb one-bedroom apartment, perfectly positioned penthouse on the seventh floor of the highly sought-after John Wetherby Court. Stylishly presented throughout, this property offers a blend of comfort and elegance.
Key Features
- Spacious Entrance Hall: Welcoming and roomy, setting the tone for the rest of the apartment.
- Generous Sized Bedroom: A tranquil retreat with ample space and built-in wardrobe.
- Open Plan Kitchen/Reception Room: Perfect for entertaining, featuring recently replaced white goods and oven.
- Contemporary Bathroom: Sleek and modern, designed for relaxation.
- Fabulous Balcony: Enjoy your morning coffee with stunning views of the communal gardens and canal.
- Ample Storage: Two large hall cupboards provide plenty of space for all your belongings.
- 24-Hour Concierge: Offering convenience and peace of mind.
- Prime Location: John Wetherby Court is fantastically positioned on Stratford High Street, with excellent transport links including Pudding Mill Lane Station/Bow Church (DLR), Bow Road/Bromley-By-Bow tube stations, and Stratford Central. Enjoy the proximity to Westfield Shopping Centre and the Olympic Park, making this an ideal location for both work and leisure.
Shared Ownership Opportunity:
- 25% Share Available: Making homeownership more accessible.
- No Stamp Duty to Pay: Save on upfront costs.
- Cheaper Than Renting: Enjoy the benefits of owning your home at a lower cost.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
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 £310,000, £7,750 Min Deposit. Calculated using a representative rate of 4.64%
