1 bed Flat For Sale, Plasma Court, Bacon Street, Tower Hamlets, Tower Hamlets E1

Description

Full Market Value
£630,000

Share Value(30%)
£189,000

Monthly Rent
£791

Service Charge
£219

Minimum Income
£62,774

Shared ownership

Full Market Value £630,000

Share Value (30%) £189,000

Monthly Rent £ 791.07

Service Charge £ 219.04

125 year lease commenced in July 2017 – 120 years remaining

Please note that at the current time, external wall certification (EWS1) is not available for this property. 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, and mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the lq Group website by searching “EWS1”

The apartment is located within the trendy Shoreditch Triangle, and provides a whole range of shops and restaurants on your doorstep. RichMix cinema is across the road from the property and PureGym is located in the basement. For transport options Shoreditch Station is a 3 minute walk, Bethnal Green tube station a 7 minute walk and Liverpool Street station a 10 minute walk. Popular markets such as Brick Lane, Spitalfields and Columbia Road flower market are all within a 10 minute walk.

The buyer will require a deposit to obtain a mortgage for this property

This home is available to anyone that is affordable, meets the minimum household income requirement of £62,774 and is able to raise a mortgage. Offers are subject to a financial assessment and you will be expected to buy the maximum share that you can afford.

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 at September 2021.

Follow the link for more information:

        
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1 bed Flat For Sale £189,000 Plasma Court, Bacon Street, Tower Hamlets, Tower Hamlets E1

1 bed Flat For Sale £189,000
Plasma Court, Bacon Street, Tower Hamlets, Tower Hamlets E1