1 bedroom apartment for sale
Coronation Square Sales Suite, 118 Oliver Road, E10 5UJ
Share percentage 25%, full price £417,000, £5,213 Min Deposit.
Share percentage 25%, full price £417,000, £5,213 Min Deposit.
Monthly Cost: £1,503
Rent £717,
Service charge £192,
Mortgage £594*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
When considering eligibility for Shared Ownership properties, the scheme is available to those looking to own their own home but are unable to purchase on the open market. If you meet the following criteria, you are considered eligible to buy through Shared Ownership.
• You must not currently own a property in the UK or overseas
• Your annual household income must not exceed £90,000
• You are a British or EU Citizen, or you have the right to remain in the UK
• You must be over 18 if you are applying for a mortgage
• You must have sufficient savings in addition to your deposit to cover the cost of legal fees and mortgage arrangement
Summary
1 bedroom sixth floor apartment
Description
This contemporary 1 bedroom sixth floor apartment boasts floor to ceiling windows throughout, helping to make the most of the light throughout the day.
The open plan kitchen/ living room has access out to the private balcony - perfect for socialising with friends and family.
The bedroom has a floor to ceiling window and space for a dressing table or desk. The bathroom, storage cupboards and utility cupboard complete this home.
Key Features
- Available with shared ownership from a 25% share
- Balcony
- Storage cupboard & utility cupboard
- A high quality German engineered kitchen
- Stylish Zanussi integrated kitchen appliances
- Low-energy lightbulbs and clever zoned heating
- 10 year NHBC warranty and 2 year Taylor Wimpey warranty
- Estimated Build Completion Date: December/January 2024
Particulars
Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Key Information Document Floor Plan Price ListVideo 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 £417,000, £5,213 Min Deposit. Calculated using a representative rate of 5.26%
Taylor Wimpey London
