Share Price £99,750 (from 25% Min. Share)

Full Value £399,000 | £4,988 Min. Deposit

Scheme: Shared Ownership

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1 bedroom apartment in Tower Hamlets

place St. Paul's Way, Bow, E3, E3 4YJ

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Eight, one bedroom apartments each has its own balcony now available.


Eligibility

The general eligibility criteria for Shared Ownership is as follows:

You must be at least 18 years old
In London your annual household income must be less than £90,000
You should generally be a first time buyer, i.e. you don’t already own a home. If you do already own, you must be in the process of selling it
You should not be able to afford to buy a home suitable for your housing needs on the open market
You must show you are not in mortgage or rent arrears
You must be able to demonstrate that you have a good credit history (no bad debts or County Court Judgements) and can affordthe regular payments and costs involved in buying a home

You should have savings or to be able to easily access at least £4,000 to cover the costs of buying a home. This is a guideline figure – the actual amount you need will depend on the share you are purchasing.

In most cases you will also need to have enough savings or be able to easily access a minimum 5-10% of the equity share you are buying, as a deposit.

Please note:All offers are subject to a financial assessment with an Independent Financial Advisor.


Description

We are holding a viewing event on Wednesday 24th April 2019 - between 4.30pm 6.45pm. To view these homes please call our sales team on 0207 538 6460, alternatively you can email at: Sales.Enquiries@poplarharca.co.uk.

4 one bedroom contemporary apartments for modern living in the heart of the East End, St. Paul's Way, Bow, E3.

Luxury comes as standard, with premium fixtures and high-end appliances throughout.

From the front door to the bedroom, every detail of your new home has been thoughtfully chosen for comfortable modern living.

Smartly designed layouts, high ceilings and subtle colour choices create a sense of space and relaxation.

Each apartment has its own balcony, giving you a private outdoor space with plenty of natural light. The apartments overlook the green space of the new local school, providing a strong sense of community.


Key Features

Bedroom

  • Fitted wardrobe to master bedroom – sliding mirror doors.

Kitchen

  • Urban myth (stone grey)
  • Under wall cabinet lighting
  • Single bowl sink with chrome fitted taps
  • SMEG appliances including oven, hob, dishwasher, fridge freezer, washer dryer, Island canopy.

Bathroom

  • Ceramic tiled bathroom including flooring
  • Chrome towel rail.
  • Feature wall above bath.
  • Downlights to the kitchen, living area, hallway and bathroom.

  • Video door entry system
  • SkyQ available to those who wish to subscribe.
  • FOB entry system.

Download Documents

Link to the floor plan Property brochure 1 Property price list Energy Certificate

Accessibility

C – Lifetime Homes

Meets the space standards of the Lifetime Homes developed by the Joseph Rowntree Foundation. Designed to meet the space standards of Lifetime Homes. Main features include a level approach/entrance and wider doorways. This category will capture all new general needs housing built to Lifetime Homes standards. Properties achieving this category will not necessarily meet all Lifetime Homes design guidance as the LAHR framework does not assess features other than space and access. Properties may have an internal flight of stairs. If so, these will be wide enough to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 99,750
Min. £99,750
Share percentage
Min. 25%
Your deposit
Min. £4,988
Monthly cost*
£1,283
Cost breakdown
£685
Rent
£98
Service charge
£500
Mortgage*
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Location

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.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.