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£75,000
One-bedroom fourth floor apartment in Newham available through Shared Ownership 25% at £75,000 full market price £300,000
You will need to be earning a guidance income of £31,062. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £7,625.Total approximate savings required £11,625.
Important borough specific eligibility criteria - Newham
All London applicants will be considered, with priority given to Newham applicants.
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.
Viewing date: To be Confirmed.
Internal
Ground Floor
Communal Entrance and Passenger Lift
Fourth Floor
Hallway
Bedroom 1
Bathroom with Washroom
Lounge/Kitchen
External
Private Balcony
Admin Fee For Shared Ownership Flat
£13.50
GIA
53sqm
EPC rating
B
Length of lease
135 years
Borough
Newham
Breakdown of Monthly Charges
Leasehold Assured Rent: £148.64 (£156.08 from 1st April)
Admin Fee For Shared Ownership Flat: £13.50
Service Charge Payable to Managing Agent: £290.00
