1 bedroom apartment for sale

Available

Flat 208, Windward Court, 5 Gallions Road, E16 2FD

£113,750 · Shared Ownership Resale

Share percentage 35%, full price £325,000, £5,688 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
£113,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £325,000, £5,688 Min Deposit.

Monthly Cost: £1,176
Rent £379, Service charge £212, Mortgage £585*

Calculated using a representative rate of 4.25%

Calculate estimated monthly costs

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Eligibility

* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)

* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)

* No cash buyers

* No pets

* Applicants must be able to afford their purchase and sustain their housing costs

* Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

* Applicants must be unable to purchase a property suitable to meet their needs on the open market

* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.

Summary

A bright one-bedroom flat, decorated in a modern style with good-sized rooms and plenty of storage

Description

This property is a bright, one-bedroom flat, decorated in a modern style with good-sized rooms and plenty of storage.

The main living area splits nicely into a spacious kitchen and living room. The kitchen is a very good size, with plenty of cupboards and drawers within the island design. The kitchen contains a full set of integrated appliances (Smeg Fridge/Freezer, Induction Hobs, Microwave and Dishwasher; Fisher & Paykel oven) including a newly installed washing machine.

The living room is spacious with plenty of room for flexibility to have a corner sofa or dining table. The sliding glass doors taking up the whole wall let in a huge amount of light and open up onto a good-sized balcony.

The bedroom is a great size with lots of space for a king-sized bed, a large wardrobe and a desk. The bedroom has been fitted with a high-end woolen carpet and has a good-sized window letting in plenty of light.

In the hallway is a double-doored storage cupboard with plenty of shelves installed.

The fully-fitted bathroom is also spacious with a combined bath and shower, a large mirror and a huge amount of storage space throughout.

The flat also benefits from a large car parking space in the secure underground car park.

Owners have full access to a 24-hour concierge on-site, a popular pub and two convenience shops (including a Co-Op). In the local area, there are three gyms (one in the complex and one less than 5 minutes walk away) whilst Gallions Reach Shopping Centre (including a large Tesco Extra) is just a mile from the flat and just a short walk or bus ride away. A large Sainsburys, Asda and Lidl are all within a 5-minute drive/bus ride away. The flat is a 4-minute walk to the DLR station which is a 25-minutes journey to Bank station.

This property is offered chain free.

Key Features
  • Three good-sized rooms with integrated appliances and a fitted bathroom suite.
  • Good sized balcony
  • Less than 5-minutes walk to Gallions Reach DLR station (Canary Wharf in less than 30 minutes door to door)
  • Large car parking space and secure bicycle storage in the gated underground car park
  • 24-hour concierge and a pub, café, gym and convenience stores in the complex
  • 7 minutes on DLR to Crossrail station (Customs House)
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Energy Certificate
Map
Gallions Reach (0.18 miles) Cyprus (0.44 miles) King George V (0.59 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 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.

£113,750
Shared Ownership Resale
Estimated Monthly Cost:£1,176
Rent £379
Service Charge £212
Mortgage £585

Share percentage 35%, full price £325,000, £5,688 Min Deposit. Calculated using a representative rate of 4.25%


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.