2 bedroom apartment for sale
Vickery's Wharf, E14 6JS
Share percentage 35%, full price £440,000, £15,400 Min Deposit.
Share percentage 35%, full price £440,000, £15,400 Min Deposit.
Monthly Cost: £1,969
Rent £811,
Service charge £377,
Mortgage £781*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Good EPC Rating, Balcony, Close to DLR station
Description
SHARED OWNERSHIP
Full market value - £445,000
You pay (35%) - £154,000
Monthly Rent - £810.65
Monthly Service Charge - £377.21
125 year lease commenced in January 2015 (116 years remaining)
EWS1 Certification is available for this property
L&Q welcomes you to view this two bedroom, fifth floor apartment.
Situated on the fifth floor, this property boasts a spacious open-plan kitchen and living area, lots of natural light, with the benefit of a private balcony. The kitchen is fitted with wooden wall and base units, and a wooden effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan. Spacious main double bedroom benefitting from built-in wardrobes. Bright and airy second bedroom with also benefitting from a fitted wardrobe. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional storage cupboard in hallway.
This apartment is just a stone's throw away from the thriving Canary Wharf district, home to a plethora of bars, restaurants and shops. Within a shortwalk of West-ferry DLR station, residents benefit from direct connections to The City and the Elizabeth Line Station at Canary Wharf, making this the perfect base for city commuters.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £73,441. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.
Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.
These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2024.
Key Features
- Entry phone system
- 0.4 Miles to Westferry DLR Station
- Good EPC
- Balcony
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual 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 35%, full price £440,000, £15,400 Min Deposit. Calculated using a representative rate of 4.64%
