1 bedroom apartment for sale
53 Paynter House, 1 Shipbuilding Way, E13 9FG
Share percentage 35%, full price £320,000, £11,200 Min Deposit.
Share percentage 35%, full price £320,000, £11,200 Min Deposit.
Monthly Cost: £1,021
Service charge £453,
Mortgage £568*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Stunning one bed flat in Paynter House, Upton Gardens
Description
A beautifully maintained apartment in Paynter House, Upton Gardens, boasting an abundance of space and storage throughout!
The property is located on the 2nd floor of the building and has been tastefully decorated by the current owner. The apartment comprises a spacious open-plan living and kitchen area with dual aspect windows for maximum natural light, and with access to a private balcony which spans the width of the apartment.
The bedroom is extremely spacious and has large windows to allow natural light in, plus the added benefit of a built-in wardrobe, which allows you to make the best use of the generous space that's available without worrying about wardrobe placement.
The storage cupboard in the hallway is larger than average so you have plenty of space to store your personal belongings.
Make sure you check out our marketing video and virtual tour prior to your viewing to get a better feel of how the property is!
The current price reflects the purchase of 35% of the property under the shared ownership scheme. It is possible to purchase up to 100% of the full value of the property (£320,000). Contact us for more details.
Key Features
- Shared ownership - 35% share
- One bedroom
- One bathroom
- Uniquely large storage cupboard
- Private balcony
- Second floor
- Concierge
- Well maintained
- Close to Upton Park Station
- Plenty of local amenities
- Excellent first home
- Rent on unowned share: £453.38 per month
- Service charge: £2076.31 per annum
- Years remaining on lease: 121 years
Particulars
Tenure: Leasehold
Lease Length: 121 years
Council Tax Band: B
Virtual Tour
Map
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 35%, full price £320,000, £11,200 Min Deposit. Calculated using a representative rate of 4.64%
