2 bedroom apartment for sale
Print Apartments, E1 4FY
Share percentage 40%, full price £480,000, £19,200 Min Deposit.
Share percentage 40%, full price £480,000, £19,200 Min Deposit.
Monthly Cost: £1,945
Rent £713,
Service charge £258,
Mortgage £974*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Greta location, Good EPC rating, Private balcony
Description
Shared Ownership
Full Market Value: £480,000
Share Value (40%): £ 192,000
Monthly Rent: £712.66
Service Charge: £258.13
Council Tax Band:D
125 year lease commenced April 2013 - 114 years remaining
Please note that at the current time, external wall certification (EWS1) is not available for this property. Mortgage lenders may request this certificate before they will provide a formal mortgage offer. More information and frequently asked questions regarding this subject can be found on the LQ Group website by searching "EWS1"
L&Q welcomes you to view this two bedroom, first floor apartment.
Thisbright andspacious two bed apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to balcony. The kitchen is fitted with white wall and base units, and a beige effect worktop. The kitchen also benefits from integrated appliances, such as oven, hob and extractor fan. Spacious main double bedroom benefitting from a built in wardrobe. 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 cupboards in hallway.
Nearby you will find Mile End Park and Leisure Centre, shops and amenities as well as easy access to both Stepney Green and Mile End stations.
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 £72,376. If you are offered the home, 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 www.lqhomes.comand 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
- Long lease
- Well presented throughout
- Private balcony
- Excellent transport links
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D
Property Downloads
Key Information Document Floor Plan Energy CertificateMap
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 40%, full price £480,000, £19,200 Min Deposit. Calculated using a representative rate of 4.64%
