2 bedroom apartment for sale
Available
Lea Bridge Road, Waltham Forest, E10 7QL
£110,000 · Shared Ownership New Build

Share percentage 25%, full price £440,000, £5,500 Min Deposit.

Available
2 bedrooms
1 Bathroom
£110,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £440,000, £5,500 Min Deposit.

Monthly Cost: £1,530
Rent £756, Service charge £226, Mortgage £548*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

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Eligibility
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. - Live and/or work in a London Borough.
Summary

New 2 bedroom apartments available in E10

Description

GET UP TO £6,000CASH BACK WHEN YOU RESERVE ON OUR OPEN DAY - SATURDAY 11 DECEMBER*

REGISTER YOUR INTEREST

From the Shared Ownership Collection at Motion look out across the green expanse of the Lea Valley and towards one of the world’s most exciting cities . Across 17 floors of The Tower which elegantly twists as it rises, you’ll find a stunning collection of twobedroom apartments set around a beautifully landscaped resident’s courtyard, the perfect place to relax or meet friends.

Motion is positioned to take advantage of the Mini-Holland cycle paths and pedestrianised routes, along with the newly rebuilt Lea Bridge Overground station. With Stratford, Westfields and the Queen Elizabeth Olympic Park just one stop away, and the City within easy commuting reach, life in Motion is ready to spread throughout the capital.

*The cashback is redeemable on completion providing contracts have exchanged within 5 working days of a mortgage offer being received by your solicitor. This is calculated as a 5% contribution on a share purchased up to 25%. Available on selected plots from floors 1-5. Incentive only available on Saturday 11December 2021.

Motion is a collaboration between Peabody and Hill.

Please note all properties in Block J are sold as seen.

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.

Motion Home Owner Josephine's Story

Watch Josephine's story on how she used Shared Ownership to help her buy her first home at Motion, E10 with Peabody.

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Motion Local Area Drone Video

Explore the surrounding area and uncover the views from our apartments at Motion.

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Key Features
  • Contemporary and stylish bespoke kitchen
  • Contemporary style interior
  • Thermowood decking to balconies
  • Ideal for First Time Buyers
  • Private balcony
  • Open plan living
  • Communal gardens
  • Zone 2 location
Property Downloads
Brochure
Map
St James Street (0.96 miles) Clapton (1.06 miles) Walthamstow Queens Road (1.11 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.

£110,000
Shared Ownership New Build
Estimated Monthly Cost:£1,530
Rent £756
Service Charge £226
Mortgage £548

Share percentage 25%, full price £440,000, £5,500 Min Deposit. Calculated using a representative rate of 3.94%


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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.