2 bedroom apartment for sale
Titley Close, E4 8PL
Share percentage 35%, full price £325,000, £11,375 Min Deposit.
Share percentage 35%, full price £325,000, £11,375 Min Deposit.
Monthly Cost: £1,456
Rent £635,
Service charge £244,
Mortgage £577*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Well presented throughout, private balcony, Good EPC rating
Description
SHARED OWNERSHIP
Full Market Value: £ 325,000
Share Value (35%): £113,750
Monthly Rent: £634.51
Service Charge: £244.38
Annual Ground Rent: £100 per annum
Council Tax Band: C
125 year lease commenced August 2015 - 116 years remaining
New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
L&Q welcomes you to view this two bedroom, second floor apartment.
Thisbright andspaciousapartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows. The kitchen is fitted with matt grey wall units and white base units, with under-cupboard lighting, and a grey stone effect worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob and extractor fan. Spacious main double bedroom benefitting from en-suitewith showerand built-in storage cupboards. Bright and airy second double bedroom. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround. Additional double storage cupboard in hallway.
Located on the Iconic Walthamstow Stadium development, is a 10-minute bus-ride from Walthamstow Central (Victoria line) and within walking distance of Higham's Park (London overground). Walthamstow and Higham's Park both offer numerous independent cafes,shops, restaurants and pubs.
Across the road from Stadium Place you will find a large Sainsburys and Morrisons. A nursery is soon dueto open on the site and there are four primary and three secondary schools within half a mile.
To the West, nearby Lea Valley Park offers miles of cycle ways to explore, while to the North and East lies the timeless Epping Forest. Closer to home, there is a small gym on site (run by 'Better') and the Walthamstow Feel good centre is within walking distance with a 50m pool, running grounds, trampoline park, gym and spa facilities).
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 £54,477. 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 websitelqhomes.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 May 2024.
Key Features
- Good EPC rating
- Private balcony
- Well presented throughout
- 0.9 Miles from Highams Park station
Particulars
Tenure: Leasehold
Lease Length: 116 years
Council Tax Band: C
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 £325,000, £11,375 Min Deposit. Calculated using a representative rate of 4.64%
