1 bedroom apartment for sale
301 vetro court, E14 8QG
Share percentage 25%, full price £520,000, £6,500 Min Deposit.
Share percentage 25%, full price £520,000, £6,500 Min Deposit
Monthly Cost: £1,837
Rent £860,
Service charge £253,
Mortgage £724*
Calculated using a representative rate of 5.03%
Calculate estimated monthly costs
Eligibility
Shared Ownership Scheme
You may be eligible for this property if:
- Your income is £90,000 a year or less.
- You are a first-time buyer, you used to own a home but can't afford to buy one now, or you are an existing owner looking to sell.
- You are able to purchase a minimum share of 25% up to a maximum share of 75% (options to staircase to 100% ownership can be explored one year after completion)
- You do not own any other property within the UK or abroad. (You will need to sell any existing property owned before buying through the shared ownership scheme.)
Summary
A beautiful third floor one-bedroom flat with a open plan living-room, kitchen, and large balcony
Description
Type and use of Property: Residential – 1-bedroom flat.
Location: Urban location. Good local amenities with schools, pubs, cafes, convenience stores, etc. Transport links are good with Westferry station a stones throw away from the subject.
Description: A purpose-built residential development. The building is of a concrete framed construction, double glazed windows, including heating and electricity. The demised premise is located on the 3rd floor, comprising of an open plan living and kitchen area, 1 bedroom, bathroom, storage and balcony. Property also benefits from a communal terrace and gym.
Accommodation:
Hallway: 3.4m x 1.4m
Bedroom 1: 5.8m x 1.9m + 1m x 4m
Bathroom: 2.2m x 2.5m
Lounge/Kitchen: 3.2m x 3.8m + 3.5m x 3.2m + 2.4m x 3.8m
Private balcony
Gross Internal Floor Area: Approx. 64 SQ M
Tenure: Leasehold - 996 years
Parking: None
EPC Rating: 86 B
Key Features
- Communal terrace
- Private balcony
- Good storage
- Close to station
Particulars
Tenure: Leasehold
Lease Length: 996 years
Council Tax Band: Not specified
Property Downloads
Floor Plan Brochure Energy CertificateMap
Material Information
Total rooms: 1
Furnished: Unfurnished
Washing Machine: Yes
Dishwasher: Yes
Fridge/Freezer: Yes
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: Enquire with provider
Communal lift: Yes
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 25%, full price £520,000, £6,500 Min Deposit. Calculated using a representative rate of 5.03%