2 bedroom apartment for sale
Flat 301 Wharton House, 67 Palmers Road, E2 0FF
Share percentage 40%, full price £470,000, £18,800 Min Deposit.
Share percentage 40%, full price £470,000, £18,800 Min Deposit.
Monthly Cost: £1,793
Rent £567,
Service charge £272,
Mortgage £954*
Calculated using a representative rate of 4.64%
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
This two-bedroom flat is on the third floor of a modern purpose-built block with a private balcony with views of Meath Gardens.
Description
This two-bedroom flat is on the third floor of a modern purpose-built block. The block is built on a car-free estate, at the end of a cul de sac so there is no noise through traffic.
The two bedrooms comprise a comfortable double bedroom and a smaller single, suitable for a child/baby or for use as a home office/study.
As well as being nestled between Meath Gardens and Mile End Park, the flat is a short walk from leafy Victoria Park. The flat is well-served by public transport: Bethnal Green, Stepney Green and Mile End Underground stations are a 10-minute walk, with Bethnal Green Overground and Cambridge Heath Rail Station also nearby.
The block has recently been certified as having no issues with its cladding, following a comprehensive remediation programme undertaken by the housing association.
Key Features
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A spacious open-plan lounge/kitchen/dining with dual aspect
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Private balcony with views of Meath Gardens and Regents Canal
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High ceilings, floor-to-ceiling windows
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Double glazing throughout, helping keep the ambient room temperature at a comfortable level (cool in summer, warm in winter)
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Onsite concierge
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Secure bike storage in the basement
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Floor Plan 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 40%, full price £470,000, £18,800 Min Deposit. Calculated using a representative rate of 4.64%
