Share percentage 70%, full price £320,000, £11,200 Min Deposit.
Share percentage 70%, full price £320,000, £11,200 Min Deposit.
Monthly Cost: £1,363
Rent £103,
Service charge £144,
Mortgage £1,116*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
You may be eligible for this property if:
- You have a gross household income of no more than £90,000 per annum.
- You are unable to purchase a suitable home to meet your housing needs on the open market.
- You do not already own a home or you will have sold your current home before you purchase or rent.
Summary
1 Bedroom Split Level Maisonette located on 3rd and 4th Floor
Description
Optivo are delighted to offer for sale this well-presented split level maisonette flat located on the 3rd and 4th Floor of the block.
The current market value is £320,000 for 100%. The minimum 70% share available is priced at £224,000 current rent payable £103.23 pcm, rent is subject to annual reviews. Service charges are currently £144.01 pcm.
Viewings by appointment only. Please contact linda.edvardsen@optivo.org.uk
If you would like to apply after you have conducted a viewing, a PDF writable application form can be saved from the Brochure Section on this advert. Please email a fully completed copy to linda.edvardsen@optivo.org.uk
Local information
Located just a few moments from Bethnal Green Station and just a short walk to Victoria Park Village, Brick Lane and Broadway Market.
Local amenities includes grocers, butchers, chemist, post office, market and cafes.
Less than 10 minutes walk to Bethnal Green Tube Station (zone 2)
Victoria Park and Mile End both less than 10 minutes walk away with Meath Gardens directly behind Chater House.
Key Features
1 Double Bedroom
Split Level Maisonette
Double Glazing and Central Heating
Close to amenities
Victoria Park and Mile End less than 10 min walk
Bethnal Green Tube Station less than 10 min walk
Property Downloads
BrochureMap
The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.
- Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
- Service Charge: covers maintenance costs for the property as a whole and communal areas
- Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.
NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.
Share percentage 70%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 3.94%
