3 bedroom apartment for sale

Available

Hudson Building, Prospect Row, E15 1GT

£170,000 · Shared Ownership Resale

Share percentage 25%, full price £680,000, £17,000 Min Deposit.

Available
3 bedrooms
2 Bathrooms
Communal Garden
Parking
Floor plan
floor-plan
Floor plan
floor-plan
£170,000 Shared Ownership Resale

Share percentage 25%, full price £680,000, £17,000 Min Deposit.

Monthly Cost: £2,159
Rent £1,058, Service charge £238, Mortgage £863*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Excellent Transport Links - Energy Efficient - Private Balcony

Description

SHARED OWNERSHIP

Full Market Value - £680,000

You Pay (25%) - £170,000

Monthly Rent - £1058.36

Service Charge - £237.54

Ground Rent - £100 per annum.

125 year lease commenced June 2018 - 119years remaining

EWS1 Certification is available for this property A2 rating

This beautifully presented apartment offers well proportioned rooms throughout. The spacious open plan living area, which includes a high specification kitchen, opens onto an extra large terrace. There are two double bedrooms and one single, one currently being used as a dressing room. Two of the bedrooms feature built in wardrobes and the master incorporates a fully tiled en-suite. A contemporary family bathroom and utility room complete the accommodation.

It's located just moments from Stratford Station with Underground, Overground and DLR services, including the Elizabeth Line. The City, Canary Wharf and the West End are all within 20 minutes and Stansted Airport is less than an hour away. The local High Street features an array of shops, restaurants and large supermarkets, and the Westfield shopping centre can be reached in 5 minutes. East Village, with its delis, cafes and bars, is just a short stroll away and the beautiful green spaces of the Olympic Park and Victoria Park are also within easy reach.

You 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 £79,990 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. Please visit our website www.lqhomes.com to register and 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 April 2024.

Key Features
  • Great location with excellent transport links
  • Integrated appliances
  • Utility Room
  • Communal heating system
  • Secure cycle storage
  • Allocated parking - private garage parking
  • Private balcony
Particulars

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

Property Downloads
Key Information Document Floor Plan Energy Certificate
Virtual Tour
https://nichecom.s3.eu-west-1.amazonaws.com/cat1000/2024/03/20/65fb47986ed1b-1097071.mp4
Map
Stratford International (0.27 miles) Stratford (0.35 miles) Maryland (0.39 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.

£170,000
Shared Ownership Resale
Estimated Monthly Cost:£2,159
Rent £1,058
Service Charge £238
Mortgage £863

Share percentage 25%, full price £680,000, £17,000 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.