Back to search results
| 1/7

1 bedroom apartment for sale

Available

Hoey Court, 4 Barry Blandford Way, E3 3TR

£182,500 · Shared Ownership Resale

Share percentage 50%, full price £365,000, £18,250 Min Deposit.

Available
1 bedroom
Floor plan
floor-plan
Floor plan
floor-plan
£182,500 Shared Ownership Resale · Eligibility Eligibility

Share percentage 50%, full price £365,000, £18,250 Min Deposit.

Monthly Cost: £1,573
Rent £471, Service charge £176, Mortgage £926*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Favourite
share
Sign in to register your interest
Eligibility
You may be eligible for this property if: -You must be at least 18 years old -Your annual household income must be less than £90,000 -You are unable to purchase a suitable home to meet your housing needs on the open market -You should generally be a first time buyer. If you already own a property, you must be in the process of selling or have already sold it before you can apply Please note that applicants will be expected to purchase the maximum share that is sustainable for them.
Summary

A fantastic 1-bedroom apartment with a private balcony, now available in Tower Hamlets

Description
Property reference number: 1638765
 
This fantastic 1st apartment with a spacious double bedroom, open-plan lounge and dining area with direct access to a private balcony, and modern bathroom with bathtub and shower. The apartment building built in 2015 also includes a communal garden and playground, along with secured bike storage. 
 
The apartment is located in Bow 0.2miles from Devons Road rail station, providing links via the DLR into London including Canary Wharf and Stratford. A great a range of shops, cafes, bars and restaurants can be found at Canary Wharf Shopping Centre and Westfield in Stratford, both within easy reach from Hoey Court.
  • Nearest Station: Devons Road
  • Bus routes nearby: 108, 323
Key Features
  • Spacious balcony
  • Integrated Hotpoint appliances 
  • Communal playground
What happens after I register my interest?

After registering your interest for a Peabody home, you will receive an email confirmation from us. The email will confirm what you need to do next to secure a property viewing which includes completing a financial assessment with a mortgage advisor and completing the Shared Ownership Application Form.
 
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email after checking here, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
 
What is Shared Ownership?
Available to purchase through Shared Ownership, purchasers are able to buy as much of the property as they can afford, from 25 - 75%, paying a low cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these high-spec homes even more affordable in such a sought after location.
 
Financial information
  • Tenure: Leasehold
  • Remaining Lease Term: 117
  • Annual ground rent amount: £300
  • Ground rent review period: Every ten years the ground rent gets reviewed.  The increase is an additional £50.00 per annum (years 11-20 will be £350 per annum)
  • Annual service charge amount: £2,107.68
  • Service charge review period: 1st April annually
  • Council tax band: C
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C

Property Downloads
Floor Plan
Map
Devons Road (0.12 miles) Langdon Park (0.15 miles) Bromley-by-Bow (0.36 miles)
Favourite
share
Sign in to register your interest
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.

Read More Read Less
  • 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.

£182,500
Shared Ownership Resale
Estimated Monthly Cost:£1,573
Rent £471
Service Charge £176
Mortgage £926

Share percentage 50%, full price £365,000, £18,250 Min Deposit. Calculated using a representative rate of 4.64%

£
Peabody New Homes
View properties by this developer
Sign in to register your interest
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.