1 bedroom apartment for sale

Available

Papyrus Court, E17 6EZ

£88,500 · Shared Ownership Resale

Share percentage 30%, full price £295,000, £8,850 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£88,500 Shared Ownership Resale

Share percentage 30%, full price £295,000, £8,850 Min Deposit.

Monthly Cost: £1,192
Rent £532, Service charge £211, Mortgage £449*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Our Spring Offer: A £1,000 Amazon voucher on completion!* Private Balcony - Great EPC Rating - Good Transport Links

Description

Shared Ownership

Full Market Value: £295,000

Share Value (30%): £88,500

Monthly Rent: £532.05

Service Charge: £210.87

Council Tax Band: B

99 year lease commenced in November 2015 - 90 years remaining

EWS1 - EWS1 Certification is available and is a B1 Rating

For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*

L&Q welcomes you to view this one bedroom, second floor apartment.

This apartment consistsof anopen-plan kitchen and living area, benefitting from natural light from wide floor-length window and door, leading out onto the private balcony. The kitchen is fitted with light beach wood effect wall and base units, a grey granite effect worktop. The kitchen also benefits from integrated appliances including a oven, hob, and extractor fan. Spacious double bedroom benefitting from built-in wardrobes with sliding mirrored doors. The bathroom comes complete with a white three-piece suite with a shower over bath and a white tile surround. Additional storage cupboard in hallway.

Just a short walk to Blackhorse Road tube station for the Victoria Line and bus links to central Walthamstow, where you can find a variety of local independent shops, cafes and restaurants. There are also good local pubs nearby including the Ferry Boat and the new Wildcard Brewery taproom at Walthamstow Wetlands. This part of E17 has a rich heritage and is a popular area for creative sector start-ups. Blackhorse Workshop nearby, is a community hub that supports over 30 designers, carpenters, architects and furniture makers, and offers courses in woodwork and metal work, there's also pilates, dance, drama classes and a printmaking studio all available to the public.

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 £44,870. 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 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.

*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.

Key Features
  • Private balcony
  • Good EPC Rating - B
  • Approx. 0.6 miles from Blackhorse Road Overground Station and Underground Station with the Victoria Line
  • Pets allowed
  • 5 minutes away from the Walthamstow Wetlands Lockwood Way Reservoir - providing scenic walking routes
  • Additional storage in hallway
  • Entry phone system (not tested)
Particulars

Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: B

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Blackhorse Road (0.50 miles) St James Street (0.82 miles) Walthamstow Queens Road (0.89 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.

£88,500
Shared Ownership Resale
Estimated Monthly Cost:£1,192
Rent £532
Service Charge £211
Mortgage £449

Share percentage 30%, full price £295,000, £8,850 Min Deposit. Calculated using a representative rate of 4.64%


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.