2 bedroom apartment for sale
Hops House, Old Brewery Way, E17 7FE
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Share percentage 25%, full price £500,000, £6,250 Min Deposit.
Monthly Cost: £1,886
Rent £1,044,
Service charge £146,
Mortgage £696*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2 bed shared ownership property available in Walthamstow, London
Description
Bright and spacious two-bedroom apartment now available in Walthamstow, North London, through Shared Ownership.
The property was constructed in circa 2019 and comprises a wide living room with access to a private balcony, an open-plan fitted kitchen and two bedrooms, one of them being ensuite. This could be ideal for a small family or a couple.
Key Information Document
Available for £125,000 for 25% share based on the marketing figure of £500,000.
Monthly rent - £1044.12
Monthly Service Charge - £146.06
Total Monthly Charge - £1,190.18 plus mortgage required for 25% share.
An annual rent increase takes place every April
LocationThe property sits in the tranquil residential area near St. James Street, where all amenities are available within walking distance and the overground can help move around London with easiness. The town centre of Walthamstow is also quite close.
Liverpool Street can be reached directly in 17 minutes from the flat making the location of this property extremely convenient for commuting.
EPC ratingEnergy rating band - B
Environmental impact band - A
Years remaining on lease: 117
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- Two-bedroom apartment
- Private balcony
- Modern building (2019)
- Great transport links
- Available for 25% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 £500,000, £6,250 Min Deposit. Calculated using a representative rate of 5.03%
