1 bedroom apartment for sale
203 Dollar Bay Point, 3 Dollar Bay Place, E14 9BX
Share percentage 25%, full price £510,000, £12,750 Min Deposit.
Share percentage 25%, full price £510,000, £12,750 Min Deposit
Monthly Cost: £1,858
Rent £757,
Service charge £457,
Mortgage £644*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Are you eligible for a Shared Ownership home?
Eligibility will vary depending on which property you are looking at purchasing, the property size and whether there are any criteria imposed by the local authority.
General Shared Ownership eligibility criteria
- You must be aged 18 or older.
- Your annual household income if buying outside of London must be less than £80,000.
- Your annual household income if buying in London must be less than £90,000.
- You will normally be a first time buyer or be in the process of selling your home. You must not own any other property at the time you buy your new home.
- You should not be able to afford to buy a home on the open market which is suitable for your housing needs.
- You must be able to show you are not in rent or mortgage arrears.
- You must be able to demonstrate that you have a good credit history (no County Court Judgements or bad debts) and can afford the costs and regular payments involved in buying a home.
Please note: You should always check the eligibility required with the specific development, as there may be specific criteria.
Priority for Shared Ownership:
In some instances, priority for Shared Ownership properties can be given to applicants:
- That work for the Armed Forces / Minsitry of Defence.
- Who are council and housing association tenants.
- Who live or work in the borough in which the property is located over those who currently live or work outside it.
- On some developments, secondary priority is given to applicants who live or work in the neighbouring borough.
Summary
This stylish 1-bedroom apartment on the 2nd floor includes a winter garden, open plan kitchen reception a spacious bedroom & a modern bathroom with stunning views of the River Thames & the O2 Arena.
Description
A wonderful one-bedroom apartment set on the 2nd floor spread over approximately 600 square foot including the winter garden area and comprises of an open plan reception / kitchen, large bedroom, modern bathroom and full-length winter garden which provides stunning views of the river Thames and the O2 arena.
The open plan kitchen / reception area is tiled throughout and includes a contemporary kitchen design with integrated appliances. The reception room leads through to the winter garden with sliding floor to ceiling doors, and additional floor to ceiling windows that let in plenty of natural light.
The bedroom includes a built-in wardrobe and floor to ceiling sliding doors that can open access to the winter garden. The fitted bathroom is spacious, with a wall heated tower rail, and a large, mirrored cabinet above the sink.
There are additional storage cupboards in the hallway, one of which contains the washing machine.
The location is located approximately 0.25 miles from South Quay DLR. And approximately 0.5 miles to Canary Wharf Jubilee Line and Elizabeth line.
Key Features
- One bedroom luxury apartment
- Private winter garden
- Stunning river Thames and O2 arena views
- Approx 600 sq ft living space
- Modern bathroom with waterfall shower over bath, with glass shower screen and wall heated tower tail
- Underfloor heating and air conditioning
- Secure bicycle storage underground
- 24hr concierge service
- Gym and Residential Lounge facilities
- Close to local shops and transport links (Elizabeth & Jubilee Line, and DLR)
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Map
Material Information
Total rooms: 1
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: Yes - Private Balcony
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 25%, full price £510,000, £12,750 Min Deposit. Calculated using a representative rate of 4.59%
