2 bedroom house for sale
Baden Drive, E4 7FF
Share percentage 25%, full price £470,000, £11,750 Min Deposit.
Share percentage 25%, full price £470,000, £11,750 Min Deposit
Monthly Cost: £1,256
Rent £627,
Service charge £46,
Mortgage £583*
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 £48,775. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,750. Total approximate savings required £15,750.
Important eligibility criteria:
Priority will be given to those who are currently living and/or working within Epping Forest.
Applicants must be earning under £90,000 to be eligible.
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
Two Bedroom End Of Terrace House In London Borough of Epping Forest Available Through Shared Ownership - 25% Share £117,500 - Full Market Value £470,000
Description
Viewings will be taking place:
Saturday 28th June and Sunday 29th June
The accommodation comprises:
Internally
Ground Floor: Entrance door, lounge, kitchen, ground floor WC and cloakroom,
First Floor: Two double bedrooms and a family bathroom.
Externally
There is allocated off road parking for a car and rear garden laid to lawn and a garden shed to the far end.
Floor Area,
The gross internal floor area of the property is approximately 74 m2 (GIA).
Services
Main’s electricity, water and drainage services are available. Space heating and hot water are provided by gas heating system.
EPC
C
Length of Lease:
112 years remaining
Key Features
Situation & Description
The property is a modern two bedroom end terrace house. The property is located in Baden Drive, a quiet residential location in the heart of the Gillwell Park Development. Upon entering the house, the ground floor comprises of a entrance hallway, kitchen, a ground floor WC and a large living room with patio doors out to the private garden. Upstairs to the first floor where there are two good sized double bedrooms and a family bathroom.
The property is close to Sewardstone Road which provides access for local shops, restaurants, cafes and amenities as well as buses to Chingford Overground Station allowing easy commute to Central London. The M25 and M11 motorways are also a short drive away for commuting out of London.
Particulars
Tenure: Leasehold
Lease Length: 112 years
Council Tax Band: D
Property Downloads
Floor PlanMap
Material Information
Total rooms: 2
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: Yes - Allocated
Outside Space/Garden: Yes - Private Garden
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 £470,000, £11,750 Min Deposit. Calculated using a representative rate of 4.42%
