2 bedroom apartment for sale
Flat 46 Eddington Court, 1 Silvertown Square, E16 1GW
Share percentage 40%, full price £520,000, £20,800 Min Deposit.
Share percentage 40%, full price £520,000, £20,800 Min Deposit.
Monthly Cost: £2,136
Rent £731,
Service charge £350,
Mortgage £1,055*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
* Household income must not exceed £80,000 (outside of London) or £90,000 (in London)
* Must pass the One Housing financial assessment (done after receiving the application, which can only be submitted after viewing the property)
* No cash buyers
* No pets
* Applicants must be able to afford their purchase and sustain their housing costs
* Applicants are primarily expected to be first-time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners
* Applicants must be unable to purchase a property suitable to meet their needs on the open market
* Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis
Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant who submits an application will be nominated as the buyer.
Summary
Spacious two double bedroom, two bathroom apartment in Canning Town.
Description
- Two large double bedrooms, one with en-suite bathroom and fitted wardrobe.
- Large open plan living area and kitchen with fitted appliances.
- Private balcony overlooking an internal courtyard garden.
- Three minute walk from Canning Town station, with access to Jubilee Line and DLR services as well as local buses.
- Seven minutes to Canary Wharf, eight minutes to Stratford and fifteen minutes to London Bridge.
- Excellent access to local supermarkets, shops and restaurants, with extensive development ongoing in the area.
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: Not specified
Property Downloads
Energy CertificateMap
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 40%, full price £520,000, £20,800 Min Deposit. Calculated using a representative rate of 4.64%
