2 bedroom apartment for sale

Available

Flat 9, Stepney Way, E1 3EZ

£118,750 · Shared Ownership Resale

Share percentage 25%, full price £475,000, £5,938 Min Deposit.

Available
2 bedrooms
£118,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 25%, full price £475,000, £5,938 Min Deposit.

Monthly Cost: £1,542
Rent £830, Service charge £120, Mortgage £592*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
  • Minimum salaries required are: £35,209 (single), £39,209 (joint)based on a 5% deposit, 5% interest rate and 25 year term
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA - www.helptobuyagent3.org.uk - 03333 214044
  • Applicants should have a live and/or work connection to the Tower Hamlets district
  • Priority will be given to serving military personnel

Information correct as at July 2021

Summary

Fantastic two bed apartment with private balcony - buy with just a 5% deposit*

Description

A fantastic opportunity to own this well presented two bedroom third floor apartment, with private balcony, which is available from just £118,750* through shared ownership.

The spacious lounge/dining room, fitted with wooden flooring, has a set of patio doors and further floor to ceiling windows giving the room a light, bright feel. The doors open onto a private balcony providing useful outdoor space.

The partially separate kitchen is fitted with modern gloss white units with contrasting grey work surfaces, stainless steel oven, ceramic hob, stainless steel extractor fan and has space for a full height fridge freezer and washing machine.

Both bedrooms are bright and airy and provide plenty of flexible living space.

The bathroom is fitted with a white 3 piece suite, integrated shower in the bath, chrome towel rail, tiled floor and is fully tiled around the bath.

in addition the property benefits from a dedicated car parking space.

The property is ideally located in close proximity to supermarkets, retail outlets, restaurants and amenities and it is a short walk to Stepney Green Park.

For commuters, the apartment is close to TFL services, including overground, tube and DLR and there is easy access to the road network via the A13.

Early viewing is highly recommended.

For further information please contact Jamie Carter on 0300 456 0615 Ext 9759

Key Features
  • Buy with just a 5% deposit*
  • Two bedroom apartment
  • Third floor
  • Private balcony
  • Dedicated parking space
  • Less than 16 years old
  • Fixtures and fittings to be agreed
  • Close proximity to shops, restaurants and amenities
  • Within walking distance of Stepney Green Park
  • Close to TFL services, including overground, tube and DLR
  • Current energy efficiency rating: B

*terms and conditions apply

Map
Stepney Green (0.38 miles) Whitechapel (0.43 miles) Shadwell (0.47 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£118,750
Shared Ownership Resale
Estimated Monthly Cost:£1,542
Rent £830
Service Charge £120
Mortgage £592

Share percentage 25%, full price £475,000, £5,938 Min Deposit. Calculated using a representative rate of 3.94%


Clarion Housing Group resales
View properties by this developer
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.