2 bed Flat For Sale £120,000
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A spacious two bedroom apartment located on the ground floor of a purpose built block of flats. The accommodation comprises; hallway, open plan kitchen/reception room, two bedrooms and bathroom. The building benefits from bicycle storage, door entry phone system and the apartment has direct access to a paved front terrace area.
Property Value: £400,000
Minimum Share: 30%
Share Value: £120,000
Lease Term - 85 years (approx.)
Rent pcm - £582.82
Service charge pcm - £175.59
Gross internal area - 700 sq.ft/ 65 sqm
The Point is within close proximity to Walthamstow Central Station and very conveniently located to take advantage of the nearby shops, cafes, restaurants and The Mall Shopping Centre. Numerous bus routes and overground and underground trains from Walthamstow Central Station afford very good public transport links to and from the City/ Liverpool Street, Central London and the West End.
A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.
A spacious two bedroom apartment located on the ground floor of a purpose built block of flats. The accommodation comprises; hallway, open plan kitchen/reception room, two bedrooms and bathroom. The building benefits from bicycle storage, door entry phone system and the apartment has direct access to a paved front terrace area.
Property Value: £400,000
Minimum Share: 30%
Share Value: £120,000
Lease Term - 85 years (approx.)
Rent pcm - £582.82
Service charge pcm - £175.59
Gross internal area - 700 sq.ft/ 65 sqm
The Point is within close proximity to Walthamstow Central Station and very conveniently located to take advantage of the nearby shops, cafes, restaurants and The Mall Shopping Centre. Numerous bus routes and overground and underground trains from Walthamstow Central Station afford very good public transport links to and from the City/ Liverpool Street, Central London and the West End.
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