2 bedroom apartment for sale
Oceanis Apartments, 19 Seagull Lane, E16 1BY
Share percentage 30%, full price £378,000, £5,670 Min Deposit.
Share percentage 30%, full price £378,000, £5,670 Min Deposit.
Monthly Cost: £1,638
Rent £679,
Service charge £394,
Mortgage £565*
Calculated using a representative rate of 3.94%
Calculate estimated monthly costs
- Minimum salaries required are: £65,526 (single), £69,526 (joint)
- 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 Newham district
- Priority will be given to serving military personnel
Information correct as at March 2022
Summary
Fantastic two bed apartment with great travel connections - buy with just a 5% deposit*
Description
A great opportunity to own this well presented bright and spacious first floor two bedroom apartment in the vibrant Royal Victoria area for just £126,000* through shared ownership.
The spacious lounge/dining room has a full height window unit spanning the width of the room, which means that plenty of natural day light floods into the room.
The modern kitchen is fitted with gloss white units with contrasting wooden work surfaces and includes an integrated stainless steel oven, hob, stainless steel cooker hood along with a tiled floor.
Both bedrooms are light and airy and provide plenty of flexible living space.
The apartment benefits from access to allocated parking and close to local amenities and schools.
The property is located only minutes walk from the Royal Victoria DLR which provides swift access into Canary Wharf, Stratford International and the City. It is within walking distance of Excel London and is close to Canary Wharf with easy access to the road network via the A1011.
Early viewing is highly recommended.
For further information please contact Emmanuel Abe on 0300 456 0615 Ext 9769
Key Features
- Buy with just a 5% deposit*
- Bright and spacious
- Two bedrooms
- First floor
- Access to allocated parking
- 110 years remaining on lease
- Fixtures and fittings to be agreed
- Close to local schools and amenities
- Close to Canary Wharf
- Excellent transport links; direct train service from Royal Victoria DLR
- Easy access to the A1011
- Current energy efficiency rating: B, Potential: B
*terms and conditions apply
Map
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 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.
Share percentage 30%, full price £378,000, £5,670 Min Deposit. Calculated using a representative rate of 3.94%
