1 bedroom apartment for sale
Apartment 77,1 Lambs Passage, EC1Y 8AB
Share percentage 25%, full price £505,000, £12,625 Min Deposit.
Share percentage 25%, full price £505,000, £12,625 Min Deposit.
Monthly Cost: £2,107
Rent £813,
Service charge £679,
Mortgage £615*
Calculated using a representative rate of 4.24%
Calculate estimated monthly costs
* 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 well-presented, double bedroom apartment based on fourth-floor in the heart of Barbican
Description
A well-presented fourth-floor apartment in the heart of Barbican comprises an entrance hallway with storage space. An open-plan living space with a spacious living area and a modern fitted kitchen/diner with integral appliances.
With a double size bedroom with two double-glazed windows, and a modern bathroom suite with a shower over the bath. This is an excellent property for a first-time buyer.
The property is located in Barbican with a great range of shops, amenities and transport links, which include the Moorgate and Old Street Underground (Northern Line, Hammersmith & City, Circle, Metropolitan), and Liverpool Street (Central Line and Overground).
Key Features
- Double Bedroom
- Open Plan Living Space with Modern Kitchen
- Modern Bathroom Suite
- In the Heart of Barbican with Shops & Amenities
- Excellent Transport Links into and Around London
- Concierge
Particulars
Tenure: Leasehold
Council Tax Band: Not specified
Property Downloads
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 £505,000, £12,625 Min Deposit. Calculated using a representative rate of 4.24%
