3 bedroom apartment for sale
Rigel House, 18 Hemming Street, E1 5GB
Share percentage 25%, full price £675,000, £75,938 Min Deposit.
Share percentage 25%, full price £675,000, £75,938 Min Deposit
Monthly Cost: £2,342
Rent £1,537,
Service charge £313,
Mortgage £492*
Calculated using a representative rate of 4.05%
Calculate estimated monthly costs
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
Modern 3-Bedroom Resale Apartment in Bethnal Green – Under The Shared Ownership Scheme
Description
A bright and beautifully presented three-bedroom apartment in the heart of East London, perfect for first-time buyers looking to put down roots through Shared Ownership.
Located in a modern and well-maintained development, this second-floor apartment combines comfort, style, and everyday convenience. With spacious interiors and an abundance of natural light, this home is designed for easy living in the city.
Why You’ll Love It Here
- Room to Grow: Three well-proportioned bedrooms provide the flexibility to create a family home, host guests, or set up your own work-from-home space.
- Light-Filled Living Spaces: Enjoy a welcoming layout with a modern finish, ideal for relaxing after a long day or entertaining friends.
- Superb Transport Connections: Just a short walk to Bethnal Green Underground and Overground stations, with Whitechapel Station (Elizabeth Line) only 10 minutes away, making travel across London simple and convenient.
- Everyday Essentials Nearby: Supermarkets, high street shops, and local cafés are all within easy reach, offering everything you need just around the corner.
- Close to Green Spaces: Take in the fresh air with Weavers Fields nearby, and enjoy weekend strolls through the expansive Victoria Park, only a short walk away.
- Peace of Mind: The building offers a secure resident-only key fob system, intercom access, lift, and communal bike storage to ensure both comfort and safety.
Costs
- Service Charge: £312.93 pcm
- Monthly Rent: £1,536.57 pcm
- Ground Rent: £250 pa
This is a rare opportunity to own a secure, spacious, and well-located apartment in one of East London's most vibrant neighbourhoods.
Particulars
Tenure: Leasehold
Lease Length: 120 years
Council Tax Band: E
Property Downloads
Energy CertificateMap
Material Information
Total rooms: 3
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: Enquire with provider
Unit size: 88 sqm
Communal lift: Yes
Accessible measures: No
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 £675,000, £75,938 Min Deposit. Calculated using a representative rate of 4.05%
