2 bedroom apartment for sale

Available

Rosebay House, E17 6DU

£283,250 · Shared Ownership Resale

Share percentage 55%, full price £515,000, £28,325 Min Deposit.

Available
2 bedrooms
2 Bathrooms
Floor plan
floor-plan
Floor plan
floor-plan
£283,250 Shared Ownership Resale

Share percentage 55%, full price £515,000, £28,325 Min Deposit.

Monthly Cost: £2,250
Rent £557, Service charge £256, Mortgage £1,437*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Summary

Long Lease Term - Private Balcony - Within Building Warranty

Description

Shared Ownership

Full Market Value: £515,000

Share Value (55%): £283,250

Monthly Rent: £557.45

Service Charge: £256.04

Council Tax Band: C

990 year lease commenced May 2019 - 985 years remaining

EWS1 - An EWS1 Certification is available for this property and is an A1 rating.

L&Q welcomes you to view this two bedroom, fourth floor apartment.

Thisbright apartment consistsof astylishopen-plan kitchen and living area, flooded with natural light from wide floor-length windows, leading onto a private balcony. The kitchen is fitted with grey wall and base units, with under-cupboard lighting, and a grey worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from en-suitewith showerand built-in wardrobe. Bright and airy second double bedroom with floor-length windows. The bathroom comes complete with a white three-piece suite with a shower over bath and a grey tile surround. Additional double storage cupboards in hallway.

Just a short walk to Blackhorse Road tube station for the Victoria Line and bus links to central Walthamstow, where you can find a variety of local independent shops, cafes and restaurants. There are also good local pubs nearby including the Ferry Boat and the new Wildcard Brewery taproom at Walthamstow Wetlands. This part of E17 has a rich heritage and is a popular area for creative sector start-ups. Blackhorse Workshop nearby, is a community hub that supports over 30 designers, carpenters, architects and furniture makers, and offers courses in woodwork and metal work, there's also pilates, dance, drama classes and a printmaking studio all available to the public.

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 £83,718. 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 website www.lqhomes.comand 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 of May 2024.

Key Features
  • Private balcony
  • Long lease term
  • Within building warranty
  • En-suite to master bedroom
  • Additional storage cupboards to hallway
  • Less than a mile away from Blackhorse Road Station
  • Communal gardens
  • Good EPC rating
Particulars

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

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Blackhorse Road (0.36 miles) St James Street (0.71 miles) Walthamstow Queens Road (0.84 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.

£283,250
Shared Ownership Resale
Estimated Monthly Cost:£2,250
Rent £557
Service Charge £256
Mortgage £1,437

Share percentage 55%, full price £515,000, £28,325 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.