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1 bedroom apartment for sale

Available

FLAT 34 Verna House, Sunrise Close, E20 1DS

£273,000 · Shared Ownership Resale

Share percentage 60%, full price £455,000, £13,650 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£273,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 60%, full price £455,000, £13,650 Min Deposit

Monthly Cost: £1,742
Service charge £259, Mortgage £1,483*

Calculated using a representative rate of 4.78%

Calculate estimated monthly costs

£
Eligibility

You may be eligible for this property if:

  • You have a gross household income of no more than £90,000 per annum.
  • You are unable to purchase a suitable home to meet your housing needs on the open market.
  • You do not already own a home or you will have sold your current home before you purchase or rent.
Summary

Southern Housing are pleased to present this stunning 1 bedroom apartment in the Olympic Village, Stratford.

Description

Inside you are welcomed by a spacious entrance hallway with enough room to store shoes and coats alongside two storage cupboards. There is also space for a washer/dryer in the hallway cupboard.

Next up is the open plan living room, dining area and kitchen which is a large and welcoming space and gives enough room to allow for separated living and dining areas if you wish. You also have access to your private balcony which provides stunning views of the manicured communal gardens.

Back inside we have the kitchen which is a modern, well equipped space with integrated appliances such as the oven, hob, extractor fan and fridge/freezer. There is plenty of storage space and lots of countertop space for food prep.

Moving from here we find the Master Bedroom, which is a large double room and features plenty of space for all your bedroom furniture needs and feature a small storage cupboard.

Finally we come to the large bathroom complete with a shower over the bath and double mirrored cabinet.

Verna House is ideally located in the Olympic Village, giving you the best that London has to offer.

Within the Olympic Village you have a wealth of things to do, with lots of green space to enjoy in the Queen Elizabeth Olympic Park, London Stadium for sports fans and spots such as Soul Mama Music Venue and Restaurant for entertainment. You also have lots of things to do slightly further afield, with Westfields reachable in under 10 minutes walk and the ABBA area reachable in around 30 minutes walk.

There are also exceptional transport links available, with Stratford International reachable in 5 minutes walk offering routes to multiple stations including London St Pancras International and Stratford Station offering further National Rail services, as well as the Central, Jubilee and Elizabeth Underground Lines and London DLR services. There are also local bus routes 2 minutes from your doorstep.

The property benefits from welcoming living spaces, great storage options and a private balcony to make this a perfect home. You also have excellent amenities and lots to do nearby so don't miss out on this excellent opportunity and register your interest today!

Key Information:

  • Full Market Value: £455,000
  • Share: 60%, £273,000
  • Rent: £0.00*
  • Service Charge: £259.00
  • Lease Length: 112 Years

*This property is under Shared Ownership Fixed Equity which means that the Maximum you can own is 80%. There is no rent payable on the unowned shares and once you achieve the maximum Share you will enjoy the same rights as a 100% Leaseholder. Please register your interest for more information.

Key Features
  • Private Balcony
  • Long lease of 113 years
  • Lots to do nearby
  • Excellent Transport options
  • Westfield Shopping Centre (0.4 miles)
  • Queen Elizabeth Olympic Park (0.5 miles)
Particulars

Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: C

Property Downloads
Key Information Document Floor Plan Energy Certificate
Map
Stratford International (0.30 miles) Stratford (0.58 miles) Leyton (0.64 miles)
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

Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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.

£273,000
Shared Ownership Resale
Estimated Monthly Cost:£1,742
Rent £0
Service Charge £259
Mortgage £1,483

Share percentage 60%, full price £455,000, £13,650 Min Deposit. Calculated using a representative rate of 4.78%


Disclaimer
The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.