1 bedroom apartment for sale
Commercial Wharf, E8 4EG
Share percentage 30%, full price £405,000, £12,150 Min Deposit.
Share percentage 30%, full price £405,000, £12,150 Min Deposit
Monthly Cost: £1,565
Rent £647,
Service charge £305,
Mortgage £613*
Calculated using a representative rate of 4.59%
Calculate estimated monthly costs
Summary
Good Length of Lease. Good EPC Rating. Close to local amenities.
Description
Shared Ownership
Full Market Value: £405,000
Share Value (30%): £121,500
Monthly Rent: £647.01
Service Charge: £304.98
Council Tax Band: C
125 year lease commenced April 2011 -110 years remaining
EWS1 - B2 Certification - Remediation works will be covered by the Government's Non-ACM Building Safety Fund.
L&Q welcomes you to view this three bedroom, 2nd floor apartment.
This apartment is modern bright and airy. The property has the bendfit of a spacious private balcony where you can relax . The apartment is open plan which flows beautifully. The kitchen is modern withn a mixture of contemporary units. There are floor to ceiling windows and is full of natural light. The bathroom consists of a white three piece suite and modern tiling,
Commercial Wharf is set on Kingsland Road and is conveniently located for Haggerston Overground (0.1m) and the many bus routes serving Liverpool Street and the City found on Kingsland Road. The extensive selection of shops, bars & restaurants found in Shoreditch (1.1m), Dalston (0.5m) and Haggerston are also within easy reach.
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 £58,556. 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 May 2025.
Key Features
- Private Balcony
- Long Length of Lease
- Good EPC Rating
- Close to Local Amenities
- Residents Lift
Particulars
Tenure: Leasehold
Lease Length: 125 years
Council Tax Band: C
Property Downloads
Key Information Document Floor Plan Energy CertificateVirtual Tour
Map
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: Yes - 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 30%, full price £405,000, £12,150 Min Deposit. Calculated using a representative rate of 4.59%
