1 bedroom apartment for sale
Jessop Building, 14 Dominion Walk, E14 9FN
Share percentage 40%, full price £395,000, £15,800 Min Deposit.
Share percentage 40%, full price £395,000, £15,800 Min Deposit.
Monthly Cost: £1,603
Rent £620,
Service charge £181,
Mortgage £802*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £58,782. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,800. Total approximate savings required £19,800.
Important borough specific eligibility criteria
Borough of Tower Hamlets
All London applicants will be considered. However, those living and working in the borough of Tower Hamlets will be given priority
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
lovely 5th Floor, one bedroom Flat Close to Canary Wharf
Description
BRIEF OVERVIEW
Fifth floor flat with1 bedroom in the London borough of Tower Hamlets for £395,000 at a 40% share price of £158,000 available through Shared Ownership.
------------------------------------------------------------------------------------------
SPECIFICATION
Ground floor
Communal entrance, bicycle store, access to lifts and stairwell
Fifth Floor
Hallway, bathroom,1 bedroom, kitchen and living room.
GIA
51 sqm.
Length of lease
TBC
Borough
Tower Hamlets
------------------------------------------------------------------------------------------
Parking
No
Pets allowed
No
Number of bathhrooms
1
------------------------------------------------------------------------------------------
AFFORDABILITY
Full Market Price: £395000
Share Percentage: 40%
Equity Price: £158,000
Minimum Income: £
------------------------------------------------------------------------------------------
Monthly Fees
Monthly Rent: £610.02
Service Charge: £181.25
Key Features
Key Features
- Bicycle storage
- Video entry intercom
- Close to DLR and Canary Wharf Underground station
- Easy access to A12, A13 and Blackwell Tunnel for travel to and from Canary Wharf, the city, Central London and beyond.
Local Transport
DLR
Blackwall – 0.3m
East India – 0.3m
Underground
Canary Wharf – 0.7m
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 40%, full price £395,000, £15,800 Min Deposit. Calculated using a representative rate of 4.64%
