2 bedroom apartment for sale
Forge Square, E14 3GY
Share percentage 50%, full price £470,000, £23,500 Min Deposit.
Share percentage 50%, full price £470,000, £23,500 Min Deposit.
Monthly Cost: £1,844
Rent £508,
Service charge £144,
Mortgage £1,192*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £68,406 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £23,500 Total approximate savings required £27,500
Important borough specific eligibility criteria
Tower Hamlets
All London applicants will be considered with priority given to people who live/work in the borough of Ealing.
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Beautiful 2 bedroom split level apartment in Tower Hamlets available through Shared Ownership 50% Share £ 235,000 Full Market Value £ 470,000
Description
Specification
2 Bedrooms Kitchen / living room/Bathroom/Separate W/C
GIA- 68sqm
Lease Term - 111 Years
EPC - B
Brough- Tower Hamlets
Key Features
- Video entry system
- 24hr concierge
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Local area:
This apartment is ideally positioned among a range of local amenities including local pubs, eateries, cafes and bars. Benefit from nearby Millwall Park and enjoy walks along The Thames.
Transport:
Mudchute DLR Station (0.4 miles)
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 50%, full price £470,000, £23,500 Min Deposit. Calculated using a representative rate of 4.64%
