1 bedroom apartment for sale
17 Maud Street, E16 1YR
Share percentage 45%, full price £335,000, £15,075 Min Deposit.
Share percentage 45%, full price £335,000, £15,075 Min Deposit.
Monthly Cost: £1,331
Rent £416,
Service charge £150,
Mortgage £765*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
You will need to be earning a guidance income of £53,798. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,075. Total approximate savings required £19,075.
All London applicants will be considered, with priority given to Newham applicants. 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.
Summary
One Bedroom fifth floor apartment in the London Borough of Newham available through Shared Ownership 45% share £ 150,750 full market value £ 335,000
Description
One bedroom apartment located on the 5th floor of a modern development in Canning Town east London. The property is within close proximity to Canning Town High Street, with a number of local amenities and numerous public transport links.
Ground floor
Communal Entrance and Passenger Lift.
5th Floor
Hall, reception/kitchen, bedroom and bathroom with WC.
External
Private balcony and communal gardens
GIA
51 s.qm
EPC rating
B
Length of lease
118 years
Borough
Newham
Key Features
- Balcony
- Communal garden
- Walking distance to local amenities/cafes and shops
- Walking distance to Canning town station
- Close proximity to transport links
Local Transport
- Canning Town Underground Station - (Jubilee Line) 0.3mi
- Canning Town Station - (DLR) 0.4mi
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Map
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 45%, full price £335,000, £15,075 Min Deposit. Calculated using a representative rate of 4.64%
