Share Price £108,750 (from 25% Min. Share)

Full Value £435,000 | £5,438 Min. Deposit

Scheme: Shared Ownership

Under offer

The Premier Collection - 2 bed apartment in Newham

place Katie Court, Edwin Street, Canning Town, E16 1PZ

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NOW UNDER OFFER - Last remaining two bedroom duplex with spacious outdoor areas close to the Jubilee Line


Eligibility

Am I eligible?

  • You must be at least 18 years old.

  • You cannot afford to buy a home suitable for your needs on the open market. You will need sufficient savings for a mortgage deposit and a clean credit history to qualify for a mortgage.

  • Your annual household income must be less than £90,000.

  • You must be a first time buyer or existing shared owner*. If you already own a home, you need to move but you cannot afford to, then please discuss your situation with us. There are some circumstances under which you could be eligible.


Description

Don't miss out on our incentive of £1,000 contribution towards legal fees* which will be shown as a deduction on the completion statement.

*Subject to exchanging contracts within 28 days of Memorandum of Sale issue and completing the purchase within 10 days thereafter.

About The Premier Collection

The Premier Collection is part of East City Point, a landmark development at the heart of the Canning Town and Custom House regeneration area where a new and exciting neighbourhood is taking shape. Modern residential apartment buildings will form the pillars of an enhanced community, interspersed with green spaces, a new school and places to eat, drink and enjoy quality leisure time.

The Premier Collection consists of spacious two bedroom duplex apartments, with additional living space. All have private terraces or balcony; some apartments have both a bathroom and an ensuite. These stunning homes are available on a Shared Ownership basis, providing the opportunity to live in this dynamic new area of London within a stylish new home.

Located in a prime position adjacent to the A13 and close to Custom House and Canning Town stations - you can be in the City, Canary Wharf or central London within minutes.

To register your interest or for any other enquiries please contact the Customer Service Team – Sales

For further details on Shared Ownership please visit myclarionhousing.com/sharedownership

Please note:

All images displayed throughout are examples of previous Clarion developments and are not indicative of the specification at this development and may not correspond exactly to the available properties described.

These prices are to be used as a guideline only as they may change.


Key Features

  • Located in a prime Zone 2/3 location with the City, Canary Wharf or central London accessible within minutes.
  • Stylish duplex with plenty of outdoor space
  • Modern gloss fitted kitchen with integrated appliances.
  • Contemporary bathrooms with ceramic tiling.
  • City Airport and the new Stratford International Station are only a short train ride away.
  • At the heart of the Canning Town and Custom House regeneration area where a new exiting neighbourhood is taking place.

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Property price list

Accessibility

F – General Needs

General needs housing does not meet any of the above criteria. Properties in this category will have more than four steps or a ramp access that is steeper than 1:10 to access the property front door. These properties should be marketed with the number of steps to access the property as this will provide an additional factor for helping people choosing what to bid for.


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Calculate Monthly Cost

Share price
£ 108,750
Min. £108,750
Share percentage
Min. 25%
Your deposit
Min. £5,438
Monthly cost*
£1,393
Cost breakdown
£748
Rent
£120
Service charge
£525
Mortgage*
Calculated using a representative rate of 3.64%
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.