1 bedroom apartment for sale
Woodgrange Road, Forest Gate, E7 8BA
Share percentage 75%, full price £427,500, £16,031 Min Deposit.
Share percentage 75%, full price £427,500, £16,031 Min Deposit.
Monthly Cost: £2,208
Rent £245,
Service charge £177,
Mortgage £1,786*
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
First Floor Apartment, One Bedroom Apartment with Private Terrace
Description
A beautifully designed 1 bedroom apartment located on the first floor. Not only is the apartment large, spacious and finished to a very high standard of specification, the apartment comes with an exceptionally large private terrace for your enjoyment.
This lovely apartment enjoys an open plan living/dining space that incorporates the modern fitted kitchen with integrated appliances. The modern bathroom is finished with porcelain tiles and white sanitaryware.
Key Features
One Bedroom , 1st Floor
Private Terrace
Fitted Wardrobes
Integrated Appliances
Available on Shared Ownership at 75% Share - £320,625 (Full Market Value is £427,500)
5% deposit from £16,031.25
Located with Travel Zone 3
Particulars
Tenure: Leasehold
Lease Length: 990 years
Council Tax Band: New build - Council tax band to be determined
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 75%, full price £427,500, £16,031 Min Deposit. Calculated using a representative rate of 5.03%
