2 bedroom apartment for sale
Greenan Court, 6 Meath Crescent, E2 0QF
Share percentage 35%, full price £465,000, £16,275 Min Deposit.
Share percentage 35%, full price £465,000, £16,275 Min Deposit.
Monthly Cost: £1,704
Rent £648,
Service charge £230,
Mortgage £826*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
The buyer will require a deposit to obtain a mortgage for this property.
This home is available to anyone that is affordable and is able to raise a shared ownrship mortgage. Applicants will be expected to buy the maximum share that is sustainable.
Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one ofour schemes. If you are not registered please visit our website lqpricedin.co.ukand 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.
Summary
Modern apartment set within the heart of the East End
Description
SHARED OWNERSHIP
Full Market Value: £465,000
Share Value (35%): £162,750
Monthly Rent: £648.19
Service Charge: £229.89
Council Tax Band: D
99 year lease commenced June 2008 - 83 years remaining [990 year Lease Extension available]
EWS Certification is available for this block - B1 rating
All rooms lead off the spacious hallway in this fourth floor apartment. The open plan living area/kitchen opens onto a private balcony. Two double bedrooms and family bathroom complete the accommodation
The apartment is located within easy reach of Bethnal Green (central line) tube station with multiple bus routes in to the City, West End and beyond and additionally the glorious Victoria Park is within a short walk and offers beautiful open spaces and miles of scenic walks. The relaxed, cool feel of Victoria Park farmers market will make for wonderful lazy Sunday morning strolls and with Regents Canal also on your doorstep you will find endless new places to explore. This property really is set within the heart of the East End with easy access to all of the restaurants, bars, shops, markets, gyms, parks, galleries and museums this exciting area has on offer.
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 £63,582 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 February 2024.
Key Features
- Excellent transport links
- Fantastic local amenities
- Two double bedrooms
- Communal heating system
Particulars
Tenure: Leasehold
Lease Length: 83 years
Council Tax Band: D
Property Downloads
Key Information Document 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 35%, full price £465,000, £16,275 Min Deposit. Calculated using a representative rate of 4.64%
