2 bedroom apartment for sale
Clematis House, E10 5GY
Share percentage 50%, full price £405,000, £20,250 Min Deposit.
Share percentage 50%, full price £405,000, £20,250 Min Deposit.
Monthly Cost: £1,699
Rent £420,
Service charge £251,
Mortgage £1,028*
Calculated using a representative rate of 4.64%
Calculate estimated monthly costs
Summary
Purpose built apartment in Leyton
Description
SHARED OWNERSHIP
Full Market Value: £ 405,000
Share Value (50%): £ 202,500
Monthly Rent: £ 419.69
Service Charge: £ 250.97
Ground Rent: £100 per annum
Council Tax Band: C
125 year lease commenced March 2014 - 115 years remaining
EWS1 Certification is available for this property - B1 Rating
The open plan living area of this apartment opens onto a full width private balcony. the fully fitted kitchen featuring integrated appliances. there are two double bedrooms, one with fitted wardrobe. The second has doors opening onto the balcony. A family completes the accommodation.
Leyton is a vibrant and well-connected neighbourhood, offering an array of amenities within easy reach. From local shops, supermarkets, and cafes to trendy restaurants and recreational facilities, everything you need is just a stone's throw away. Excellent transport links, including Leyton Tube Station on Central Line and Leyton Midland Overground Station, provide easy access to the wider city and beyond. The Olympic Park and the Stratford International Station are within a short bike ride away with Westfield Stratford and much being so close to your door step.
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 £63,518. 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 websitelqhomes.com and 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 at April 2024.
Key Features
- Excellent transport links
- Well presented
- Large balcony
- Communal heating
- Ample storage
Particulars
Tenure: Leasehold
Lease Length: No lease length specified. Please contact provider.
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan 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 50%, full price £405,000, £20,250 Min Deposit. Calculated using a representative rate of 4.64%
