£110,000
Second Floor, one bedroom apartment in London borough of Newham, available through Shared Ownership 40% share £110,000. Full Market Value £275,000
You will need to be earning a guidance income of £56,573 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000. Total approximate savings required £15,000.
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.
Viewings will be taking place:
Saturday 11th April and Sunday 12th April (between 10am-2pm)
Accommodation:
Hallway: 2m x 1.8m
Bedroom 1: 4m x 3.5m
Bathroom: 2.1m x 2.1m
Lounge/Kitchen: 4.6m x 5.7m + 0.6m x 1.9m
Balcony
GIA 50 SQ M
The subject property is approximately 68sq. m. GIA.
Admin Fee for Shared Ownership
£13.50
EPC rating
B
Length of lease
89 years
Borough
Newham
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