£105,000
Second Floor, 2 bedroom apartment in London borough of Newham, available through Shared Ownership 25% share £105,000. Full Market Value £ 420,000
You will need to be earning a guidance income of £49,235. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,500. Total approximate savings required £14,500.
Important borough specific eligibility criteria
Newham
Priority will be given to applicants who live or work in Newham but all can apply.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
SPECIFICATION
Ground floor
Accessed via a secure communal door, which leads into the internal communal parts and lift/stairs
Second Floor :
Hallway
Bedroom 1
Bedroom 2
Bathroom
Ensuite
Lounge/Kitchen
External
Winter Garden
Private balcony
GIA
70 SQM
Admin Fee for Shared Ownership
£13.50
Accessibility rating
F - General Access
EPC rating
B
Length of lease
86 years
Borough
Newham