Full Market Value
£455,000
Share Value(40%)
£178,000
Monthly Rent
£671
Service Charge
£187
Minimum Income
£56,414
Shared ownership
Full market value - £455,000
You pay (40%) - £178,000
Monthly rent - £670.81
Monthly service charge - £187.26
Ground Rent - £350 pa
Lease term 125 years from April 2007 (112 years remaining)
This apartment is in a block, which is part of an established gated residential development in Stepney, with Mile End, Stepney Green and Limehouse Underground Station all within 0.6 miles of the property.
Mile End Park, Limehouse Marina, Regent's Canal and the banks of River Thames are within walking distance with all their cafes, pubs, restaurants and local amenities set for your comfort, including The Grapes and The Narrow with riverside views.
Canary Wharf and the Queen Mary University of London are also nearby.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £56,414 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. If you are not registered please visit our website and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of August 2020.