Share percentage 55%, full price £300,000, £8,250 Min Deposit
Monthly Cost: £1,367
Rent £325,
Service charge £123,
Mortgage £919*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Summary
A 2nd floor one-bedroom flat with a open plan living-room, kitchen, and bathroom
Description
Type and use of Property: Residential –1- bedroom flat.
Location: Urban location. Good local amenities with schools, pubs, cafes, convenience stores, etc. Transport links are good with Limehouse Train station 0.4-mile walking distance from the subject.
Description: A purpose-built residential development. The building is of a concrete framed construction, double glazed windows, including heating and electricity. The demised premise is located on the 2nd floor, comprising of an open plan living and kitchen area, 1 bedroom, bathroom, storage and balcony. The property also benefits from loft space for extra storage.
Accommodation:
Hallway: 2.2m x 1.8m
Bedroom 1: 4.2m x 2.8m
Bathroom: 2.1m x 2m
Lounge: 3.7m x 4m + 1m x 1m
Kitchen: 2.6m x 4m
Gross Internal Floor Area: Approx. 44 SQ M
Tenure: Leasehold – 189 years
Parking: None
EPC Rating: 77 C
Key Features
- open plan
- double glazing
- storage
- balcony
- comes with white goods
Particulars
Tenure: Leasehold
Lease Length: 189 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 55%, full price £300,000, £8,250 Min Deposit. Calculated using a representative rate of 5.03%
