Share Price £82,500 (from 30% Min. Share)

Full Value £275,000 | £8,250 Min. Deposit

Scheme: Shared Ownership

Under offer

Greenway at Beckton Parkside SO - 1 bed apartment in Newham

place Newham Way, Beckton, E6 5JN

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Shared Ownership 1 bed apartments in Newham | All 1 bed Shared Ownership homes now reserved


Eligibility

You may be eligible for this property if: You are at least 18 years old, Your annual household income is less than £90,000, You are unable to purchase a suitable home to meet your housing needs on the open market, You do not already own a property or you are in the process of selling your property

Description

All 1 bed Shared Ownership homes now reserved

1 bed available for £82,500 (30% of full value £275,000)

Greenway atBeckton Parkside is a brand new development offering 1, 2 and 3 bedroom Shared Ownership apartments for sale. With Royal Albert zone 3 DLR station one mile away, affording transit into Poplar for Canary Wharf in 11 minutes, and Bank in 26 minutes, it’s an ideal location for commuters.

Living at Beckton Parkside allows you to take full advantage of the exciting London lifestyle – with both ExCeL London and Queen Elizabeth Olympic Park just a bus ride away from home. Plus, because life is all about balance, the development is situated adjacent to Beckton Park, featuring waterways, wildlife and green space for relaxing or leisure.

This combination of work and play on your doorstep makesGreenway atBeckton Parkside the perfect opportunity to make your home in East London.


What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location

Please note: All exterior imagery used to portray this development are indicative or computer generated


Key Features

  • Brand new development
  • Shared Ownership available
  • An ideal location for commuters - with Royal Albert zone 3 DLR station one mile away, affording transit into Poplar for Canary Wharf in 11 minutes
  • Enjoy an exciting London lifestyle - with both ExCeL London and Queen Elizabeth Olympic Park just a bus ride away
  • Adjacent to Beckton Park, featuring waterways, wildlife and green space for relaxing or leisure

Download Documents

Link to the floor plan Property brochure 1
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Calculate Monthly Cost

Share price
£ 82,500
Min. £82,500
Share percentage
Min. 30%
Your deposit
Min. £8,250
Monthly cost*
£951
Cost breakdown
£441
Rent
£133
Service charge
£377
Mortgage*
Calculated using a representative rate of 3.64%
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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.