2 bedroom apartment for sale
21-29 Herald Street, E2 6JT
Share percentage 25%, full price £590,000, £7,375 Min Deposit.
Share percentage 25%, full price £590,000, £7,375 Min Deposit.
Monthly Cost: £2,073
Rent £1,014,
Service charge £228,
Mortgage £831*
Calculated using a representative rate of 5.15%
Calculate estimated monthly costs
To be able to own a home through Shared Ownership at Corner Place, you'll need to meet the following criteria depending on your situation:
Your overall 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 home or you will have sold your current home before you purchase
Priority will be give to those that work or live in the borough
Summary
Stylish 2 bedroom wheelchair adaptable Shared Ownership apartments in Bethnal Green.
Description
Now Launched!
Find your corner in East London with stylish 1, 2 & 3 bedroom Shared Ownership apartments available in a vibrant & eclectic area Bethnal Green. Few of the 2 bedroom apartments are wheelchair accessible. Ideal for first time buyers looking for their home in the city.
About Corner Place
Corner Place is an exciting new development of 63 stylish and contemporary apartments, out of which 39 will be available through the Shared Ownership scheme, with a modern feel specification - from 4-In-1 Instant Boiling Chrome Kitchen Sink Mixer Tap and kitchens designed by Champion to massage shower set over bath and LED downlighters to hallway, living room, kitchen and bathrooms. At Conner Place you will enjoy open living layouts and large windows making it light and spacious and a balcony to each home.
*CGIs are for illustrative purposes only.
**Full list specification can be found in the brochure, download to find out more!
***New build - council tax band/property rates to be determined.
Shared Ownership
Did you know the key benefits of Shared Ownership?
Low deposit - you only pay 5% of the share you are buying.
Flexibility - you choose when you want to purchase extra share of your home.
Accessibility - you can get on the property ladder quicker and Shared Ownership helps you get the mortgage even with a lower salary.
Eligibility Criteria
To be able to own a home through Shared Ownership at Corner Place, you'll need to meet the following criteria depending on your situation:
Your overall 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 home or you will have sold your current home before you purchase
Priority will be given to those that work or live in the borough
Next Steps
Register your interest to find out more.
Key Features
Underfloor heating
Private Outdoor Space
6th Floor Residents' Garden
Integrated Appliances
Fitted Kitchens
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
Brochure Price ListMap
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 25%, full price £590,000, £7,375 Min Deposit. Calculated using a representative rate of 5.15%
