2 bedroom apartment for sale
400 Hoe St, Walthamstow, London, E17 9AA
Share percentage 25%, full price £415,000, £5,188 Min Deposit.
Share percentage 25%, full price £415,000, £5,188 Min Deposit.
Monthly Cost: £1,454
Rent £713,
Service charge £150,
Mortgage £591*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A collection of spacious & well specified 2 & 3 bedroom apartments close to the heart of Walthamstow.
Description
Walthamstow is now regarded as one of the go-to residential areas of north-east London. With its local shopping, food and entertainment choices, nearby open spaces and convenient transport links, a range of lifestyle options are there to be explored. Just 800m from the centre, Prospect House offers the opportunity to have a brand-new place of your own, in this vibrant, ever-evolving community.
Our 2 & 3 bedroom apartments are spacious, well-specified and finished to provide a tasteful, neutral canvas...ready for you to add your own unique signature.
Shared ownership is the easier way to have a home of your own, rather than renting with no return. You buy the financial share that works for your budget and pay a low monthly fee to us for the bit you haven't bought. You need a smaller deposit, as it's based on the price of the share you buy, rather than the full value. And, just like owning outright, when you want to move on you simply sell your share for its market value at that time. Or, when you're ready, you can buy more shares...until it's all yours.
You can initially buy between 25-75%, according to what you can afford. Some round-number examples, based on a home with a full market value of £415,000:
25% share = £103,750 (Your 5% deposit would be £5,188, your monthly mortgage £529* and your monthly fee £713 = £1242/month)
50% share = £207,500 (Your 5% deposit would be £10,375; your monthly mortgage £1059* and your monthly fee £476 = £1535/month)
75% share = £311,250 (Your 5% deposit would be £15,563; your monthly mortgage £1588* and your monthly fee £238 = £1826/month)
It really works, with hundreds of thousands of people across the country having already bought their home this way.
Our experienced, professional team is here to ensure that things go as smoothly as possible. Call us 9-5 Monday-Friday, or email us anytime, to discuss how it could work for you.
*Based on a mortgage rate of 5.5% and term of 35 years. Please note, rates and criteria vary. A service charge is payable in addition to the above.
For further information go to www.buywithisha.co.uk
Key Features
- Great range of apartment layouts & positions – visit www.buywithisha.co.uk for more details
- Terrace or balcony to each apartment
- Premiere stone-grey kitchen units
- White marble-effect worksurfaces with matching upstands
- Full range of integrated appliances
- Flooring throughout
- Downlighters to kitchens and bathrooms
- Independent gas central heating to each home
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
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 25%, full price £415,000, £5,188 Min Deposit. Calculated using a representative rate of 5.26%
