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2 bed Flat For Sale £115,000
8 Killick Way, Stepney E1


Description
Full Market Value
£460,000

Share Value(25%)
£115,000

Monthly Rent
£733

Service Charge
£202

Minimum Income
£50,751

Shared ownership

Full Market Value: £460,000

You Pay (25%): £115,000

Monthly Rent: £732.84

Service Charge: £201.96

125year lease commenced in April 2013 (117 years remaining)

New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

This second floor apartment is ideally located close to Stepney Green Underground Station boasting excellent transport links. A variety of local shops, cafes and restaurants can be found in the area. Local bus routes provide transport links to the City, Stratford, Canary Wharf and London's West End.

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 £50,751. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please notethat 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 a property in one of 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 May 2021

Follow the link for more information:
        
zoopla.co.uk

  
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