Share percentage 50%, full price £540,000, £13,500 Min Deposit.
Share percentage 50%, full price £540,000, £13,500 Min Deposit.
Monthly Cost: £2,095
Rent £558,
Service charge £192,
Mortgage £1,345*
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
2 bedroom flat in East Village
Description
We offer for sale this well presented 2 bed apartment located on the top floor (9th) of the block within the popular East Village development. The subject property benefits from a large entrance hall, two double bedrooms, open plan living room/kitchen with provides access to the south facing balcony.
This apartment has the perfect location for commuting in and out of London. Stratford International Station (fare zone 2/3) is just a short stroll away. This property is in close proximity of Westfield Stratford City Shopping Centre and Village, perfect for local shopping. For your recreation: Queen Elizabeth Olympic Park , Hackney Marshes and Victoria park.
East Village was designed and constructed as the Olympic Village for the 2012 Summer Olympics and has been converted for use as a new residential district, complete with independent shops, bars and restaurants.
The London Borough of Newham is 5 miles ( 8 km ) east of the City of London and north of River Thames.
The borough was formed by merging the former area of the Essex county borough of East Ham and the county borough of West Ham as a borough of the newly formed Greater London, on 1 April 1965 – these in turn were successors to the ancient civil and ecclesiastical parishes of East Ham and West Ham. Green Street and Boundary Road mark the former boundary between the two.
Newham is a vibrant, young multi-cultural area
Key Features
Queen Elizabeth Olympic Park
Westfield Stratford Shopping Centre
Hackney Marshes
119 Year Lease
Property Downloads
Floor Plan Energy CertificateMap
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 50%, full price £540,000, £13,500 Min Deposit. Calculated using a representative rate of 3.94%
