1 bedroom apartment for sale

Available

Woodgrange Road, Forest Gate, E7 8BA

£90,625 · Shared Ownership New Build

Share percentage 25%, full price £362,500, £4,531 Min Deposit.

Available
1 bedroom
£90,625 Shared Ownership New Build · Eligibility Eligibility

Share percentage 25%, full price £362,500, £4,531 Min Deposit.

Monthly Cost: £1,371
Rent £623, Service charge £181, Mortgage £567*

Calculated using a representative rate of 6.24%

Calculate estimated monthly costs

£
Eligibility

WARDEN'S REACH: a contemporary collection of newly-built 1, 2 and 3 bedroom apartments in Forest Gate.

Warden's Reach is set in a desirable, well connected location less than 2 miles from Westfield Stratford and within easy walking distance of various local amenities and green space including Wanstead Park and Forest Gate station (with trains to Liverpool Street in 13 minutes) making it the perfect place to call home.

AVAILABLE TO RESERVE FROM 7TH OCTOBER: contact us to book your launch day viewing!

ELIGIBILITY:

Priority will be given to applicants with a live/work connection to the Newham borough.
You must be at least 18 years old.
You cannot afford to buy a home suitable for your needs on the open market.
You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.
In London, your annual household income must be less than £90,000.
You cannot own another home. Shared Ownership purchasers are often first time buyers but if you do already own another property (either in the UK or abroad), you must be in the process of selling it.

For further details on Shared Ownership please visitwww.latimerhomes.com/buying-with-latimer/shared-ownership


PLEASE NOTE:

CGIs: computer generated images are indicative only, and may notcorrespond exactly to the available properties described.

Imagery: all photography displayed throughout is not indicative of the specification at this development and may not correspond exactly to the available properties described.

Summary

Available to reserve from 7th October, contact us to book your launch day viewing!

Description

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Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified

Property Downloads
Brochure Price List
Map
Forest Gate (0.06 miles) Wanstead Park (0.24 miles) Maryland (0.84 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.

£90,625
Shared Ownership New Build
Estimated Monthly Cost:£1,371
Rent £623
Service Charge £181
Mortgage £567

Share percentage 25%, full price £362,500, £4,531 Min Deposit. Calculated using a representative rate of 6.24%


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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.