1 bedroom apartment for sale

Under Offer

17 Reeves road, E3 3PL

£71,400 · Shared Ownership Resale

Share percentage 30%, full price £238,000, £3,570 Min Deposit.

Under Offer
1 bedroom
1 Bathroom
£71,400 Shared Ownership Resale · Eligibility Eligibility

Share percentage 30%, full price £238,000, £3,570 Min Deposit.

Monthly Cost: £718
Rent £218, Service charge £93, Mortgage £407*

Calculated using a representative rate of 5.26%

Calculate estimated monthly costs

£
Eligibility

Please kindly note we do advise you check if you meet the eligibility criteria. There is a link below with more information.

https://www.sharetobuy.com/guides-and-faqs/shared-ownership-eligibility/

Summary

Ground floor 1 Bedroom Apartment Shared Ownership Property

Description

UNDER OFFER -

Type and use of Property: Residential – 1- bedroom flat.


Location: Urban location. Good local amenities with schools, pubs, cafes, convenience stores, etc. Transport links are good with Bromley-By-Bow Train station 0.3 miles walking distance from the subject.


Description: A purpose-built residential development. The building is of a concrete framed construction, double glazed windows, including heating and electricity. The demised premise is located on the ground floor, comprising of a living area, kitchen area, 1 bedroom, bathroom and storage.

Accommodation:
Hallway: 0.9m x 2.8m
Bedroom 1: 3.9m x 2.9m
Bathroom: 1.8m x 2m
Lounge: 3.2m x 4.7m
Kitchen: 3.8m x 3.9m

Gross Internal Floor Area: Approx. 40 SQ M

Tenure: Leasehold – 99 years from 25th March 1996.

Please kindly note this property has a short lease.

Key Features
  • Good location
  • Storage
  • Double glazed
Particulars

Tenure: Leasehold
Lease Length: 71 years
Council Tax Band: Not specified

Property Downloads
Energy Certificate
Map
Bromley-by-Bow (0.05 miles) Devons Road (0.37 miles) Bow Church (0.43 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.

Read More Read Less
  • 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.

£71,400
Shared Ownership Resale
Estimated Monthly Cost:£718
Rent £218
Service Charge £93
Mortgage £407

Share percentage 30%, full price £238,000, £3,570 Min Deposit. Calculated using a representative rate of 5.26%


Gateway Housing Association
View properties by this developer
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.