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2 bed Flat For Sale £157,500
Sutherland Road, London E17


Description
Full Market Value
£450,000

Share Value(35%)
£157,500

Monthly Rent
£717

Service Charge
£118

Minimum Income
£52,513

Shared Ownership

Full market value £450,000

You pay (35%) £157,500

Monthly rent: £717.25

Monthly service charge: £118.07

Ground rent: £350.00 per annum

125 year lease commenced April 2017 - 121 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 apartment is situated close to Blackhorse Road Underground Station on the Victoria Line where you can be reach Kings Cross St Pancras or Oxford Street in 20 minutes. A short half a mile in the other direction and you will have access to Lea Valley Park with access to the lakes, bicycle tracks and bridle paths.

You 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 £52,513 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that 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. Please visit our website to register and obtain your unique registration 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 June 2021.

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

  
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