1 bedroom apartment for sale
2 Regalia Close, E16 2TW
Share percentage 25%, full price £400,000, £10,000 Min Deposit.
Share percentage 25%, full price £400,000, £10,000 Min Deposit
Monthly Cost: £1,648
Rent £889,
Service charge £263,
Mortgage £496*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
As a guide you will need to have a household income of at least £54,983. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,000. Total approximate savings required £14,000.
Important borough specific eligibility criteria
Newham
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Summary
One bedroom apartment in Newham available through Shared Ownership 25% share £100,000 Full Market Value £400,000
Description
Viewings will be taking place:
TBC
The airy apartment compromises of an open plan kitchen and living area, a large double bedroom with built-in wardrobes, a contemporary bathroom, storage and two private balconies - perfect for enjoying outdoor space in a city setting.
Third floor
EPC rating
B
GIA
55 SQM
Borough
Newham
Accommodation:
Hallway: 1.7m x 1.8m
Bedroom 1: 3m x 3.9m
Bathroom: 2.1m x 2.4m
Lounge/Kitchen: 3.9m x 5.6m + 2.4m x 3.3m
Balconies: (See floor plan)
Gross Internal Floor Area: Approx. 555 SQ FT
Key Features
Key Features
Two private balconies
Open-plan layout with modern kitchen
Located on the third floor (lift access)
Gym & Spa facilities
Concierge & Security
Landscaped communal garden
Close to Thames Barrier Park and Lyle Park
Great transport links
Easy access to Canary Wharf, London City Airport and Stratford
Local Transport:
Pontoon Dock (DLR) - 0.3 miles
West Silvertown (DLR) - 0.4 miles
Custom House (DLR & Elizabeth Line) - 0.8 miles
Canning Town (DLR & Jubilee underground) - 1.4 miles
Royal Wharf Pier for the Uber Boat Service
The Property benefits from a concierge, post room, gym and spa facilities which is included in the Service Charge.
On-site amenities including Sainsbury’s Local, restaurants, cafes, hairdressers, nail bar, gp, dentist, pharmacy and nursery.
Particulars
Tenure: Leasehold
Lease Length: 114 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms: 1
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
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 25%, full price £400,000, £10,000 Min Deposit. Calculated using a representative rate of 4.42%
