1 bedroom apartment for sale

Available

90 High Street, , E15 2GQ

£177,500 · Shared Ownership Resale

Share percentage 50%, full price £355,000, £17,750 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£177,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £355,000, £17,750 Min Deposit.

Monthly Cost: £1,483
Rent £433, Service charge £185, Mortgage £865*

Calculated using a representative rate of 4.24%

Calculate estimated monthly costs

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Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

Spacious one-bed (55m2) apartment with balcony, now available in Newham

Description

Once you have registered your interest, you will receive an email to book your viewing.

This one-bedroom property is located in the Stratford Riverside development just a short walk from Pudding Mill Lane DLR and Stratford underground station. Modern, white high gloss kitchen with integrated appliances. Master bedroom with built in wardrobes. Large lounge area leading to balcony. Family bathroom with bath. The property has superb far reaching views and has a remaining lease term of 118 years.

Some of the most desirable and sought-after neighbourhoods in East London at Victoria Park Village and Hackney Wick are just minutes from River Heights. And with exceptional connections to Canary Wharf and Central London, via the variety of travel options on your doorstep, River Heights offers residents a truly connected London lifestyle.

The property is located on London's canal network, providing off-road access from its doorstep to Canary Wharf, Paddington and across London. It's on the doorstep of the Olympic Park, which links directly Stratford Marshes, Hackney Marshes, and Walthamstow Marshes. Right across the road is Sugar House Island, a new and exciting development that will bring new services, bars and restaurants to the area.

  • Nearest Station: Pudding Mill Lane DLR Station (0.2 miles) and Stratford (London) Rail Station (0.6 miles)
  • Bus routes nearby: Abbey Lane

The property comprises:

  • Entrance: Hallway with large cupboard and video phone entry
  • Living room: Open plan kitchen and living room, sliding doors to balcony with views of the City skyline, O2 Arena and Canary Wharf. Beechwood laminated flooring.
  • Kitchen: White high gloss wall units with grey worktop and integrated Zanussi appliances in excellent condition. Beechwood laminated flooring.
  • Bedroom: Double bedroom with fitted wardrobe and carpeted flooring.
  • Bathroom: Bathroom has white bath and bath panel, glass shower screen. Tiled flooring
  • Outside: Private balcony, secure cycle storage and communal area

 What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.

If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact Peabody.resales@peabody.org.uk and our team will be able to help you.

What is Shared Ownership?

Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.

Financial information

  • Tenure: Leasehold
  • Remaining Lease Term: 118 Years
  • Annual ground rent amount: TBC
  • Ground rent review period: TBC
  • Annual service charge amount: £2,221.56
  • Service charge review period: 1st April annually
  • Council tax band: Band C
Particulars

Tenure: Leasehold
Council Tax Band: C

Property Downloads
Floor Plan
Map
Pudding Mill Lane (0.22 miles) Stratford (0.57 miles) Bromley-by-Bow (0.65 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.

£177,500
Shared Ownership Resale
Estimated Monthly Cost:£1,483
Rent £433
Service Charge £185
Mortgage £865

Share percentage 50%, full price £355,000, £17,750 Min Deposit. Calculated using a representative rate of 4.24%


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.