Frederic Street, Walthamstow, Walthamstow, E17 7LF

SHARED OWNERSHIP

Full market value - £460,000

You pay (50%) - £230,000

Monthly Rent - £349.80

Monthly Service Charge - £159.79

Annual Ground Rent - N/A

99 year lease commenced in April 2012 (86 years remaining)

Guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

All rooms in this well presented spacious apartment are of a good size. The reception room opens onto a south facing private balcony large enough for a table and chairs. A modern separate kitchen diner includes integrated appliances including a dishwasher and fridge freezer. There are two double bedrooms, both with south facing windows, one with a wall of built-in storage. A contemporary family bathroom completes the accommodation. Storage includes a walk in store and two double cupboards in the hallway, one a utility housing the washing machine.

Cyan Court is scross the road from the Weaver Overground line, which takes you to Liverpool Street in 20 minutes. It is also within walking distance of Blackhorse Road and Walthamstow Central on the Victoria Line. A Tesco Express is just across the road and other supermarkets are within walking distance on the High Street. Great local facilities include pubs, gyms, shops, a library, parks with playgrounds, a bouldering gym, Pilates studio, Blackhorse beer mile breweries, Cafes and bakeries. There are also a number of highly rated schools.

Walthamstow is seeing an unprecedented rate of growth and investment into the town centre and surrounding areas. Waltham Forest's residents and businesses stand to benefit significantly from the economic growth taking place across London. The boroughs well-connected location in theeast of London, the cultural heart of the capital, along with its unique identity founded in cultural heritage, its burgeoning arts and creative industries, and abundant green spaces all contribute towards the urban vibrancy that makes Waltham Forest a special place to live.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £62,881. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered, please visit our website lqhomes.com and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of February 2025.

*The £500 B&Q Voucher is currently being offered on this resale property for a limited time and is applicable to any Shared Ownership purchase that completes a reservation on or before 31st August 2025 and then completes on the sale before 31st December 2025. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the Sole or Primary Purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. L&Q reserve the right to remove an incentive at any time.