1 bedroom apartment for sale
Painter House, E1 2HU
Share percentage 45%, full price £325,000, £14,625 Min Deposit.
Share percentage 45%, full price £325,000, £14,625 Min Deposit
Monthly Cost: £1,486
Rent £427,
Service charge £333,
Mortgage £726*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
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
Bright and spacious 1 bed apartment for sale with 45% share
Description
Bright and spacious, South-facing, 1-bedroom flat on the first floor of a modern block.
The property benefits from a private balcony and lease over 100 years.
Situated in zone 2 between Shadwell and Whitechapel with superb transport links: minutes from the DLR, Windrush line, District and Hammersmith & City and Elizabeth lines at Shadwell and Whitechapel stations.
Nearby attractions include Brick Lane, Spitalfields, Tower Bridge and Canary Wharf.
Key Features
- Modern block
- South-facing
- First floor
- Private balcony
- Long lease
- Central location in zone 2
Particulars
Tenure: Leasehold
Lease Length: 109 years
Council Tax Band: B
Property Downloads
Floor Plan Energy CertificateMap
Material Information
Total rooms: 4
Furnished: Unfurnished
Washing Machine: No
Dishwasher: No
Fridge/Freezer: No
Parking: No
Outside Space/Garden: Yes - Private Balcony
Year property was built: 2007
Unit size: 49.5
Communal lift: Yes
Accessible measures: No
Flooded within the last 5 years: No
Listed property: No
Heating: Gas Central
Sewerage: Mains supply
Water: Mains supply
Electricity: Mains supply
Broadband: Cable
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 45%, full price £325,000, £14,625 Min Deposit. Calculated using a representative rate of 4.42%
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