2 bedroom apartment for sale
The Silverton - 131, E16 2EE
Share percentage 25%, full price £485,000, £6,063 Min Deposit.
Share percentage 25%, full price £485,000, £6,063 Min Deposit.
Monthly Cost: £1,684
Rent £834,
Service charge £175,
Mortgage £675*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
.
Description
This fifth-floor apartment offers an open-plan kitchen, living, and dining area, ideal for entertaining. The two bedrooms are spacious, with a family bathroom and winter garden complete this welcoming home.
To take a look around our shared ownership homes at The Silverton, clickhereto view our 360 virtual tours!
Flooring:
- Amtico vinyl flooring to living areas - "Spacia White Oak":
- Carpet to bedroom(s) - "Dolphin Grey":
Kitchens:
- Manhattan | Kitchens | Paula Rosa Manhattan (prmf.co.uk)
- Ceiling spotlights
- Stainless steel built-in electric oven
- Black glass ceramic touch control electric hob with glass splashback
- Integrated cooker hood
- Stainless steel single bowl sink and drainer
- High Gloss Dust Grey cabinets with India White worktops
- LED underlighting to kitchen cabinets
Bathrooms:
- White suite - shower over bath with shower screen
- Chrome heated towel rail
- Grey tiling to walls
- Ceiling spotlights
Other:
- White oak veneer internal doors
- Video entry phone system
The homes we have available here at The Silverton are on the new shared ownership model lease. Details on the new shared ownership model lease can be foundhere.
*While we endeavour to make our property descriptions and plans fair, accurate and reliable, they are only a general guide to the property and may be subject to change. Accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. Shared ownership homes are bought as leasehold properties, for more information speak to our team. Service charges and rent payable on the unsold equity of this property will be reviewed annually with any changes coming into effect on the 1st April each year. Your home may be at risk of repossession if you don't maintain your mortgage and rental payments.
CGIs are for illustration purposes only and may not be plot specific. External facing materials and landscaping shown may be subject to change. Please contact our team for more information.
Key Features
- Please note that a local connection to the London Borough of Newham is required to apply for these homes (postcodes E6, E7, E12, E13, E15, E16 & E20)
- New shared ownership model
- 990 year lease
- 2-bedroom fifth floor apartment
- Winter garden
- Carpets included
- 25% shares available
- Communal garden
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: Not specified
Property Downloads
Key Information DocumentMap
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 £485,000, £6,063 Min Deposit. Calculated using a representative rate of 5.03%