1 bedroom apartment for sale

Available

116 Oliver Road, E10 5LF

£205,000 · Shared Ownership New Build

Share percentage 50%, full price £410,000, £10,250 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Floor plan
floor-plan
Floor plan
floor-plan
£205,000 Shared Ownership New Build · Eligibility Eligibility

Share percentage 50%, full price £410,000, £10,250 Min Deposit.

Monthly Cost: £1,814
Rent £470, Service charge £176, Mortgage £1,168*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

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Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

High specification apartment with private balcony

Description

A brand new one bedroom apartment circa 591sqft located on the sixth floor comprising entrance hallway leading to an L-shaped, open plan kitchen/living room with beautifully appointed Nobillia fitted kitchen with soft close doors and drawers and integrated Zanussi appliances, laminate work surfaces with full height splash backs. There is direct access from the living room to the private balcony. There are a good sized bedroom and a main principle bathroom with white sanitary ware with 170 litre bath, tiled flooring, extractor fan and chrome heated towel rail. There is also ample storage space. Other benefits include video entry system and underfloor heating with the exception of the bathroom and storage cupboards. Call today to reserve one of these fantastic apartments. Build completion is scheduled for December/January 2024

Welcome to Coronation Square, an exciting brand new development comprising of 1, 2 & 3 bedroom apartments available with Shared Ownership in the heart of Leyton. Set around a Central Square with amenities from shops to sports and health facilities, these homes are perfect for first time buyers, families, professionals and those looking for a balanced city lifestyle. Much sought after by those who love its combination of character and sense of community, Leyton has deep roots and a distinctive identity. With great connections to central London and the City, together with an excellent choice of cafés, relaxing pubs, local shops and gardens, Coronation Square is ideal for modern living.

Coronation Gardens has been Leyton’s civic park for over a century. Here you can enjoy the lawns and colourful summer borders, explore the maze near the rose garden or find shade under one of the many mature trees. Its original bandstand now hosts performances by local musicians across a range of genres. Leyton’s Saturday food market gathers here with stalls selling fresh-baked bread, brioche rolls and bagels, artisan coffee, and some of the capital’s favourite street food from around the world.

There is a strong beat to Leyton’s urban pulse and a wealth of open spaces that will draw yououtdoors all year round. The buzzing plaza at Coronation Square for instance, brings a continental feel, enhancing the connections to Leyton’s beautiful Coronation Park, while the wonderful local parklands and waterways are perfect to visit all year round. From special bird havens to the hundreds of acres of Queen Elizabeth Olympic Park, there is room for everyone.

Particulars

Tenure: Leasehold
Lease Length: 250 years
Council Tax Band: New build - Council tax band to be determined

Property Downloads
Floor Plan
Map
Leyton (0.21 miles) Lea Bridge (0.66 miles) Leyton Midland Road (0.73 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£205,000
Shared Ownership New Build
Estimated Monthly Cost:£1,814
Rent £470
Service Charge £176
Mortgage £1,168

Share percentage 50%, full price £410,000, £10,250 Min Deposit. Calculated using a representative rate of 5.26%


Development
Coronation Square
Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.