2 bed Flat For Sale £144,000
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 charming two bedroom apartment located on the second floor of a three-storey detached apartment block. The accommodation comprises; hallway with storage cupboard, open plan kitchen/reception room, two bedrooms, bathroom and a communal garden. The block is located in a quiet residential area and comprises of 17 apartments; to the front is a lawned area and to the rear communal gardens.
Property Value: £360,000
Minimum Share: 45%
Share Value: £144,000
Lease Term - 83 years (approx.)
Rent pcm - £497.36
Service charge pcm - £183.83
Gross internal area: 635 sq.ft / 59 sq.m
EPC Rating: B
Council Tax Band: C
A wide variety of shops can be found nearby, together with numerous local bus routes within walking distance. Leytonstone underground station (Central Line) and Leyton Midland Station (London Overground) are both within easy reach.
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 charming two bedroom apartment located on the second floor of a three-storey detached apartment block. The accommodation comprises; hallway with storage cupboard, open plan kitchen/reception room, two bedrooms, bathroom and a communal garden. The block is located in a quiet residential area and comprises of 17 apartments; to the front is a lawned area and to the rear communal gardens.
Property Value: £360,000
Minimum Share: 45%
Share Value: £144,000
Lease Term - 83 years (approx.)
Rent pcm - £497.36
Service charge pcm - £183.83
Gross internal area: 635 sq.ft / 59 sq.m
EPC Rating: B
Council Tax Band: C
A wide variety of shops can be found nearby, together with numerous local bus routes within walking distance. Leytonstone underground station (Central Line) and Leyton Midland Station (London Overground) are both within easy reach.
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