2 bedroom apartment for sale
Corsair House, 5 Starboard Way, E16 2NY
Share percentage 35%, full price £525,000, £18,375 Min Deposit.
Share percentage 35%, full price £525,000, £18,375 Min Deposit
Monthly Cost: £1,992
Rent £710,
Service charge £354,
Mortgage £928*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
You will need to be earning a guidance income of £67,359. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx £18,000. Total approximate savings required £22,000.
Important borough specific eligibility criteria
Newham
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
Two bedroom apartment on the second floor of Corsair House, situated in the Royal Wharf development. Available through Shared Ownership 35% share £187,750/ Full Market Value £525,000.
Description
Internally
- Entryphone system to Communal Hallway
- Passenger Lift and Stairwell
- Hallway
- Bedroom 1 with ensuite
- Bedroom 2
- Bathroom
- Kitchen
Externally
Balcony
Clubhouse and swimming pool
Admin Fee for Shared Ownership
£13.50
GIA
56 sqm
EPC rating
B
Lease Length
119 years
Borough
Newham
Key Features
Property highlights:
Royal Wharf offers a variety of independent stores, cafes and restaurants within the development, 'The Clubhouse' houses the onsite residents leisure facilities including swimming pool and, the property is only 0.1 miles to Pontoon Dock DLR station.
Next door to Pontoon Dock DLR station Green space close by at Thames Barrier Park.
Only 0.3km from Pontoon Dock DLR, you can reach Canning Town under 5 minute on the DLR, connecting you to the Jubilee Line and London Underground network. The Crossrail station at Custom House,is a 20 minute walk (1.2km) where you can get the Elizabeth Line. Allowing faster travel between east and west London and beyond.
Both Canary Wharf and the City of London are an easy and short commute from Traders' Quarter.
About Traders' Quarter at Royal Wharf
The Royal Docks were once the commercial hub of London with many extraordinary items being traded through them. Now you can create your own story and buy one of the extraordinary Shared Ownership apartments at Traders' Quarter at Royal Wharf.
Particulars
Tenure: Leasehold
Lease Length: 119 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Accessible measures: Enquire with provider
Heating: Enquire with provider
Sewerage: Enquire with provider
Water: Enquire with provider
Electricity: Enquire with provider
Broadband: Enquire with provider
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 £525,000, £18,375 Min Deposit. Calculated using a representative rate of 4.59%
