1 bed Flat For Sale £255,500
Full Market Value
£365,000
Share Value(70%)
£255,500
Monthly Rent
£227
Service Charge
£163
Minimum Income
£57,488
Shared ownership
Full Market Value – £365,000
You pay (70%) - £255,500
Monthly Rent – £227.34
Service Charge - £162.76
Council Tax Band- C
125 year lease commenced in April 2007 (109 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 beside the canal and close to both Mile End and Stepney Green tube and Limehouse DLR for quick access to to Canary Wharf and the City. There are local shops and amenities nearby, including Mile End Leisure Centre. Situated in the heart of East London you have a wide variety of hotspots including Brick Lane, Columbia Road and Spitalfields making this the perfect step onto the property ladder or an investment property. The development itself includes a large external communal area with access to Regents Canal and Victoria, along with a secure entry phone and fob access.
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 £57,488 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 the property for 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 July 2022.
£365,000
Share Value(70%)
£255,500
Monthly Rent
£227
Service Charge
£163
Minimum Income
£57,488
Shared ownership
Full Market Value – £365,000
You pay (70%) - £255,500
Monthly Rent – £227.34
Service Charge - £162.76
Council Tax Band- C
125 year lease commenced in April 2007 (109 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 beside the canal and close to both Mile End and Stepney Green tube and Limehouse DLR for quick access to to Canary Wharf and the City. There are local shops and amenities nearby, including Mile End Leisure Centre. Situated in the heart of East London you have a wide variety of hotspots including Brick Lane, Columbia Road and Spitalfields making this the perfect step onto the property ladder or an investment property. The development itself includes a large external communal area with access to Regents Canal and Victoria, along with a secure entry phone and fob access.
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 £57,488 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 the property for 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 July 2022.
