2 bedroom apartment for sale
9 Cyan Court, E17 7LF
Share percentage 50%, full price £460,000, £23,000 Min Deposit.
Share percentage 50%, full price £460,000, £23,000 Min Deposit
Monthly Cost: £1,671
Rent £350,
Service charge £160,
Mortgage £1,161*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Next to Weaver Overground line with access to Liverpool Street in 20 minutes.
Description
SHARED OWNERSHIP
Full market value - £460,000
You pay (50%) - £230,000
Monthly Rent - £349.80
Monthly Service Charge - £159.79
Annual Ground Rent - N/A
99 year lease commenced in April 2012 (86 years remaining)
Guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.
All rooms in this well presented spacious apartment are of a good size. The reception room opens onto a south facing private balcony large enough for a table and chairs. A modern separate kitchen diner includes integrated appliances including a dishwasher and fridge freezer. There are two double bedrooms, both with south facing windows, one with a wall of built-in storage. A contemporary family bathroom completes the accommodation. Storage includes a walk in store and two double cupboards in the hallway, one a utility housing the washing machine.
Cyan Court is scross the road from the Weaver Overground line, which takes you to Liverpool Street in 20 minutes. It is also within walking distance of Blackhorse Road and Walthamstow Central on the Victoria Line. A Tesco Express is just across the road and other supermarkets are within walking distance on the High Street. Great local facilities include pubs, gyms, shops, a library, parks with playgrounds, a bouldering gym, Pilates studio, Blackhorse beer mile breweries, Cafes and bakeries. There are also a number of highly rated schools.
Walthamstow is seeing an unprecedented rate of growth and investment into the town centre and surrounding areas. Waltham Forest's residents and businesses stand to benefit significantly from the economic growth taking place across London. The boroughs well-connected location in the east of London, the cultural heart of the capital, along with its unique identity founded in cultural heritage, its burgeoning arts and creative industries, and abundant green spaces all contribute towards the urban vibrancy that makes Waltham Forest a special place to live.
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 £62,881. 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 lqhomes.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 of February 2025.
Key Features
- Overground station opposite
- Separate kitchen
- Excellent storage within apartment
- Well insulated with solar panels to reduce costs
- Communal garden
- Bicycle 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
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: n/a
Outside Space/Garden: n/a
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 50%, full price £460,000, £23,000 Min Deposit. Calculated using a representative rate of 4.59%