1 bedroom apartment for sale
Flat 4, 70 Ferry Steet, London E14 3FA, E14 3FA
Share percentage 40%, full price £310,000, £6,200 Min Deposit.
Share percentage 40%, full price £310,000, £6,200 Min Deposit
Monthly Cost: £1,477
Rent £604,
Service charge £199,
Mortgage £674*
Calculated using a representative rate of 4.78%
Calculate estimated monthly costs
Eligibility
Shared Ownership Scheme
- 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 first floor one-bedroom flat with a open plan living-room and kitchen
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 a 1-2 minute walk to DLR Island Gardens station (0.04 miles).
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 1st floor, comprising of an open plan living and kitchen area, 1bedroom, bathroom and storage.
Accommodation:
Hallway: 1.2m x 3.4m
Bedroom 1: 2.1m x 5.2m + 0.6m x 3.2m
Bathroom: 2m x 2.2m
Lounge/Kitchen: 7.5m x 3m + 3.2m x 0.7m
Gross Internal Floor Area: Approx. 50 SQ M
Tenure: Leasehold – 108 years
Parking: None
EPC Rating: 81 B
Key Features
- open plan
- storage
- good local amenities
- double glazing
Particulars
Tenure: Leasehold
Lease Length: 108 years
Council Tax Band: Not specified
Property Downloads
Energy CertificateMap
Material Information
Total rooms: 4
Furnished: Unfurnished
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: No
Year property was built: Enquire with provider
Unit size: Enquire with provider
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 40%, full price £310,000, £6,200 Min Deposit. Calculated using a representative rate of 4.78%
