1 bedroom apartment for sale

Available

115 Merriam Close, E4 9GF

£117,250 · Shared Ownership New Build

Share percentage 35%, full price £335,000, £11,725 Min Deposit.

Available
1 bedroom
1 Bathroom
Private Balcony/Terrace
Parking
£117,250 Shared Ownership New Build

Share percentage 35%, full price £335,000, £11,725 Min Deposit.

Monthly Cost: £1,472
Rent £579, Service charge £288, Mortgage £605*

Calculated using a representative rate of 4.80%

Calculate estimated monthly costs

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Summary

Bright and spacious 1 bedroom flat with an allocated parking space

Description

Ground floor flat in a small quiet block of only 6 flats, with an allocated parking space with lockable bollard. The property is very spacious with large windows that allow lots of light throughout the day, and has ample storage space from hallway cupboards. With a ground floor balcony, you can have private access to your flat through the balcony door, providing you with two entry points into the property.

The estate has a communal grass area which is maintained to the highest standard.

This flat has only had one owner so has the benefits of a new build condition with a resale price tag.

The location of the flat is perfect for commuters as is a 4 minutes’ walk to Highams Park station, which gets you to Walthamstow Central Victoria line in under 5 minutes. Great transport connections to central London which enables you will get you to Kings Cross within 30 minutes. Highams Park is a lovely peaceful suburb of Waltham Forest with many pubs, cafes and restaurants. There is a large Tesco in the middle of it, with a well-priced gym. The flat is 5 minutes’ walk to a woodland area, and is around a 7 minutes’ walk to Highams Park Lake, which is the start of Epping Forest, offering acres of green space to explore. Due to its proximity to Essex, within less than a 30 minute drive you can find yourself in the countryside.

The flat is in an excellent state of repair as it was built in 2021.

Key Features
  • Allocated parking space
  • Large 1 bed
  • Lots of storage
  • Bright with lots of windows
  • Open plan living room
  • Modern kitchen
  • Private balcony
Particulars

Tenure: Leasehold
Lease Length: 122 years
Council Tax Band: C

Property Downloads
Key Information Document
Map
Highams Park (0.13 miles) Wood Street (1.49 miles) Woodford (1.60 miles)
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.

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  • 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.

£117,250
Shared Ownership New Build
Estimated Monthly Cost:£1,472
Rent £579
Service Charge £288
Mortgage £605

Share percentage 35%, full price £335,000, £11,725 Min Deposit. Calculated using a representative rate of 4.80%


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.