1 bedroom apartment for sale
12 Atlantis Avenue London, E16 2ET
Share percentage 25%, full price £317,500, £7,938 Min Deposit.
Share percentage 25%, full price £317,500, £7,938 Min Deposit.
Monthly Cost: £1,183
Rent £546,
Service charge £228,
Mortgage £409*
Calculated using a representative rate of 4.80%
Calculate estimated monthly costs
Summary
Spacious two bedroom apartments in the Royal Docks in Newham.
Description
Final one-bedroom apartment!
Indigo House is stylish collection of one and two-bedroom Shared Ownership apartments, ideally situated in the heart of Royal Albert Wharf, east London, zone 3.
Complete with high specification interiors, a concierge, residents courtyard, a local restaurant, pub and café nearby, Indigo House offers comfort and convenience. Join this growing neighbourhood by the river already being enjoyed by so many.
Location
Indigo House is conveniently located just minutes away from Gallions Reach DLR with links to Custom House connecting you to the Elizabeth line and Bank connecting you to the London Underground.
Gallions Reach DLR – 2 minute walk
Elizabeth line via Custom House – 10 minutes by DLR
London City Airport – 17 minutes by bus
Key Features
Specification
Interior finishes:
-Wood-effect flooring in Nordic oak to hall, living, dining area and kitchen
-Energy efficient underfloor heating
-Smooth finished ceilings emulsioned in white to complement the white emulsioned finish of the interior walls
-Low energy LED white downlighters throughout:
Bedroom:
-Built-in wardrobes with soft closing sliding doors in a mirror finish to master bedroom
-Clarendon elite twist carpet in Pewter
Kitchen:
-Fitted kitchen in matt grey finish with bar handle
-Caesarstone solid snow worktop and upstand
-Integrated oven
-Integrated fridge/freezer
-Integrated dishwasher
-Freestanding washer dryer in separate utility cupboard
Bathroom and en-suite:
-Chrome towel rail
-Feature wall tiling and format tiled floor
-Bath with glazed bath screen
-Individual shower with glazed screen (en-suite)
-Vanity mirror above basin
Communal areas:
-Concierge service
-Cycle storage
-Lifts located in entrance lobby
-Shared podium garden
Out and About:
Indigo House is surrounded by a host of local amenities for your convenience consisting of an array of eateries, high street shops and a local supermarket. Not to mention shared green spaces and easy access to the river for riverside walks.
Café Spice Namaste run by chef Cyrus Todiwala MBE offers a taste of India with an array of delicious dishes.
Well Bean Co is a cosy destination for coffee and pastries with the added touch of being experts in all things cocoa!
Gallions Reach Shopping Park boasts an array of high street shops such as H&M and popular chain restaurants such as Nandos, and the added bonus of a Tesco Extra.
What is Shared Ownership?
Shared Ownership is a government backed scheme allowing you to buy a share in a property from 25% to 75% of the full market value and pay a subsidised rent on the remainder. Because you only have to put down a deposit on the share you buy, you won't need to save as much for a deposit as you would if you were buying outright. ***Affordability and eligibility criteria applies.
**Estimated mortgage payments assume an interest rate of 4.50% using a 10% deposit over 25 years on a repayment basis. The actual interest rate can vary. The monthly rent is calculated at 2.75% per annum of the value of the share that is not purchased. Service charge is only an estimate and may increase in future.
***Images and CGIs are for illustrative purposes only.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor PlanVirtual Tour
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 25%, full price £317,500, £7,938 Min Deposit. Calculated using a representative rate of 4.80%
