Share Price £253,000 (from 25% Min. Share)

Full Value £1,012,000 | £12,650 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

3 bedroom apartment in Tower Hamlets

place District Court, Commercial Road, E1 1FE

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A three bedroom first floor apartment located in Whitechapel


Description

An immaculately presented, stylish three bedroom apartment located on the first floor of Aldgate Place, available now for sale through the Shared Ownership Scheme. The apartment comprises three double bedrooms with one en suite with shower room with WC, separate bathroom with WC, a spacious open plan lounge area with access to a beautiful winter gardenand a fully fitted kitchen.Well-proportioned with generous high ceilings and floor to ceiling windows throughout, the living space is perfect for relaxing and entertaining. The development offers all the very best in modern living with a 24 hour concierge, resident's gym, cycle storage, communal garden, entry phone system and CCTV and is eco-friendly with a central boiler system and underfloor heating throughout.

- Income requirement reduces if a higher deposit's available

- Buy more shares for a minimum of 10%

A three bedroom first floor apartment located in Whitechapel, Central London available through the Shared Ownership Scheme.
Available for £253,000 for 25% share based on the marketing figure of £1,012,000.

SO Resi Monthly Payment - £955.59
Monthly Service Charge - £254.53

Additional Facilities
24/7 concierge service
CCTV security system

Read more about our Covid-19 update: https://soresi.co.uk/covid-19-message-resales/eparate cycle storage and Gymnasium

EPC Rating

Energy Rating Band - B
Environmental Impact Band - B


Key Features

Three bedrooms
En-suite
24 hour concierge
Communal garden
Resident's gym
Available for 25% share


Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 253,000
Min. £253,000
Share percentage
Min. 25%
Your deposit
Min. £12,650
Monthly cost*
£2,472
Cost breakdown
£956
Rent
£255
Service charge
£1,261
Mortgage*
Calculated using a representative rate of 3.94%
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Location

Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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.