2 bedroom apartment for sale
West Ham Village, Stephenson Street, E15 3AD
Share percentage 25%, full price £500,000, £12,500 Min Deposit.
Share percentage 25%, full price £500,000, £12,500 Min Deposit.
Monthly Cost: £631
Mortgage £631*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
An incredible new collection of apartments with spacious open-plan living and Wi-Fi enabled park and gardens!
Description
- Wi-Fi-enabled park and gardens
- Community-enriching amenities including restaurants, cafés, markets and Sainsbury's Local
- Next to five key train lines. 3-minutes to Stratford, 7-minutes to Canary Wharf via the Underground*
Shared Ownership is a government-backed part buy, part rent scheme that helps you to purchase a home that otherwise may not have been affordable. Through Shared Ownership, you can purchase a ‘share’ of a home, typically between 25% and 75%, and pay rent on the remaining amount. Then, over time, you can purchase more shares all the way up to 100%, or simply sell your home on the open market.
What's more, your deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable when compared to buying a home outright.
Register your interest or search “Peabody New Homes Shared Ownership” to find out more.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
BrochureMap
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, £12,500 Min Deposit. Calculated using a representative rate of 4.59%
