2 bedroom apartment for sale
Jessop Building, 14 Dominion Walk, E14 9FX
Share percentage 25%, full price £440,000, £11,000 Min Deposit.
Share percentage 25%, full price £440,000, £11,000 Min Deposit.
Monthly Cost: £1,932
Rent £1,108,
Service charge £266,
Mortgage £558*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £ 60,580 You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,000Total approximate savings required £15,000
Important borough specific eligibility criteria
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Modern two bedroom 2nd floor apartment in Tower Hamlets for £ 110,000 a 25% share of £ 440,000 (full market value), available through Shared Ownership
Description
SPECIFICATION
Ground floor
Communal entrance, bicycle store, access to lifts and stairwell
Second Floor
Hallway, bathroom,2 bedroom, kitchen and living room.
GIA
65 sqm.
Length of lease
117 years
Borough
Tower Hamlets
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Parking
No
Pets allowed
No
Number of bathrooms
1
Key Features
Key Features
- Bicycle storage
- Video entry intercom
- Close to DLR and Canary Wharf Underground station
- Easy access to A12, A13 and Blackwell Tunnel for travel to and from Canary Wharf, the city, Central London and beyond.
Local Transport
DLR
Blackwall – 0.3m
East India – 0.3m
Underground
Canary Wharf – 0.7m
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan Energy CertificateMap
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 £440,000, £11,000 Min Deposit. Calculated using a representative rate of 4.64%
