1 bedroom apartment for sale
458 Forest Road, E17 4PZ
Share percentage 100%, full price £306,000, £30,600 Min Deposit.
Share percentage 100%, full price £306,000, £30,600 Min Deposit.
Monthly Cost: £1,400
Service charge £171,
Mortgage £1,229*
Calculated using a representative rate of 2.45%
Calculate estimated monthly costs
To be eligible to purchase a Pocket home at this scheme, buyers will need to:
- Have a household income of no more than £90,000 per annum
- Not currently own any property
- Blue badge holder
Summary
Own 100% of your home for 20% less! Adaptable discounted homes available in Waltham Forest
Description
Own 100% of your home for 20% less in Walthamstow with Pocket - register now to book a viewing
Forest Road E17, offering 90 one-bedroom discounted homes - Flat 37 is a South-West face home overlooking quaint Gaywood Road which includes a Juliet balcony - don't miss out!
To be eligible to purchase a Pocket home at this scheme, buyers will need to:
- Have a household income of no more than £90,000 per annum
- Not currently own any property
At Pocket Living we build homes for people we call city makers. These are the Londoners who contribute economically, socially and culturally to the day-to-day life of the capital. We're particularly keen to help local first time buyers on modest incomes. Pocket homes are discounted by 20% to the local market, allowing Pocket owners to own 100% of their home at a discounted price.
This home has access to a ground floor communal courtyard garden and two communal roof terraces - these spaces have been designed with seating areas to relax and socialise, raised planters and communal growing beds for residents to grow their own produce. Pocket developments always build strong communities, and with these additional spaces to hang out with your neighbours and friends, Forest Road E17 is a pretty special place to buy your first home.
Forest Road is complete and ready to move in to now.
Key Features
Each Pocket home at Forest Road E17 has been built to our award-winning design specification, making the best use of all available space and incorporating features which perfectly fit the way London city makers live today.
- Big, floor to ceiling windows for loads of natural light. To maximise the feeling of space, Pocket homes have large windows, allowing light to flood the rooms.
- Fully-fitted kitchen with worktops, an undermounted sink and integrated appliances: ceramic hob, oven and fridge freezer.
- Well-designed lighting. Pocket believes in proper lighting, which means several different types of integrated lighting cleverly illuminate every corner of our homes.
- High-quality sustainable wide-board flooring.
- Plenty of storage space.
- Contemporary tiled bathroom.
- Modern insulation to keep the heat in & keep running costs low. Pocket flats are cheaper to run thanks to the excellent insulation in our efficient buildings.
Forest Road E17 is a car-free development (apart from with respect to two shared spaces for Blue Badge holders available on a first come first serve basis), and homeowners will not be granted a residents parking permit. These homes will come with a 999-year lease (less 3 days) and a Residents; Management Company (RMC) will be formed by the Managing Agent, of which all homeowners will become members; some homeowners may choose to become Directors of the RMC. Forest Road. A combination of air source heat pumps and boilers to deliver heating and hot water; each resident will be billed according to their own controlled usage and cannot change gas suppliers. Wiring for Sky+/Sky Q, BT telephone and BT Openreach Fibre and residents will receive a Hyperoptic Wi-Fi installed with a 3-month free service. When the time comes to resell a Pocket home, you will initially have to try to find a buyer who meets the eligibility criteria. Subletting is only permitted in extenuating circumstances. Images are of a typical Pocket home at Forest Road E17 - external CGIs are indicative and for illustrative purposes only.
Particulars
Tenure: Leasehold
Lease Length: 999 years
Council Tax Band: New build - Council tax band to be determined
Property Downloads
Floor Plan BrochureMap
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 100%, full price £306,000, £30,600 Min Deposit. Calculated using a representative rate of 2.45%
