1 bedroom apartment for sale
Apollo Court, 188 High Street, E15 2FF
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Share percentage 45%, full price £360,000, £8,100 Min Deposit.
Monthly Cost: £1,506
Rent £500,
Service charge £209,
Mortgage £797*
Calculated using a representative rate of 3.82%
Calculate estimated monthly costs
Summary
One bedroom second floor apartment in this popular development.
Description
SHARED OWNERSHIP
Full market value - £360,000
You pay 45%) - £162,000
Monthly rent - £500.07
Monthly service charge - £209.16
Ground rent payable -£100 per annum
125year lease commenced inAugust 2015 (118 years remaining)
EWS1 is available for this building.
We consider this home to be situated in an ideal location which offers access to great local amenities and excellent transport links for the commuter.
Westfield shopping centre and the Queen Elizabeth Olympic Park are within 0.7 miles offering a host of outdoor and indoor activities for all ages. Westfield with its array of shops, bars and restaurants and the Queen Elizabeth Olympic Park with its aquatic centre, ArcelorMittal Orbit, theatre and vast outdoor space.
For your weekly food shop, Tesco Express is situated on the complex.
Tesco Superstore is within 0.8 miles and Sainsbury's within 0.7 miles.
Tokeep fit, an on site gym is available at an additional monthly cost, or Gymbox Gym atWestfield which offers a range of fitness classes and personal training sessions.
Stratford station is within 0.6 miles and Stratford International station, within 1.4 miles, both offering numerous short and long distance services and links to the DLR and underground.
Road links - A12, North Circular.
London City Airport is within 4.7 miles.
You will require a deposit to obtain a mortgage for this property
To meet the requirements for this property we require as a guideline, a minimum household income of £48,535 If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. Please visit outr website www.lqhomes.com to register and obtain your unique registration number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as at April2022.
Key Features
- Lounge diner open plan to kitchen with doors opening to a private balcony.
- Kitchen, fitted with beech effect wall and base units and grey granite effect worktops. Integrated oven, hob and extractor, fan fridge/freezer, dishwasher and washing machine.
- One double bedroom with a built in wardrobe.
- Bathroom, fitted with a white suite, shower over bath, glass screen and heated towel rail.
- Communal heating system (not tested).
- Double glazing.
- Entry phone system.
- Residents Lift.
- Allocated Parking Bay
Particulars
Tenure: Not specified
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 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 45%, full price £360,000, £8,100 Min Deposit. Calculated using a representative rate of 3.82%
