1 bedroom apartment for sale
Pan Peninsula Square, E14 9HA
Share percentage 12.5%, full price £400,000, £5,000 Min Deposit.
Share percentage 12.5%, full price £400,000, £5,000 Min Deposit
Monthly Cost: £803
Service charge £555,
Mortgage £248*
Calculated using a representative rate of 4.42%
Calculate estimated monthly costs
You will need to be earning a guidance income of £48,522. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £5000.Total approximate savings required £9000.
Important borough specific eligibility criteria:
London Borough of Tower Hamlets
All London applicants will be considered – with preference given to those who are either living or working in the Borough.
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
Fourth Floor one bedroom apartment in Tower Hamlets available through shared ownership - 12.5% £50,000. Full Market Value £ 400,000
Description
Lovely one bedroom apartment set on the 4th floor of a modern development with a bright living room, full height windows, wood flooring, a private balcony and a well designed open plan kitchen with ample storage. 24-hour concierge, cinema room, business centre and well equipped gym with a pool and terrace.
Fourth Floor
Accommodation:
Hallway: 1.3m x 2m + 1.2m x 1.7m
Bedroom 1: 2.6m x 3.8m
Bathroom: 2m x 2.3m
Lounge/Kitchen: 3.8 x 4.3m + 2m x 2.7m + 1.8m x 0.5m
Gross Internal Floor Area: Approx. 43 SQ M
EPC rating
C
Length of lease
115 years
Borough
London Borough of Tower Hamlets
Key Features
FULL HEIGHT WINDOWS
WOOD FLOORING
BALCONY
CENTRAL AIR COOLING
24-HOUR CONCIERGE
FULL GYM
SPA AREA INCLUDING POOL, STEAM ROOM, HYDROTHERAPY and SAUNA
CINEMA
BUSINESS CENTRE
Suburban location.
Good local amenities with schools, pubs, cafes, convenience stores.
Transport links are good with Canary Wharf & South Quay train station within walking distance of the subject
Local Transport
South Quay
Crossharbour & London Arena
Canary Wharf
Particulars
Tenure: Leasehold
Lease Length: 107 years
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
Material Information
Total rooms:
Furnished: Enquire with provider
Washing Machine: Enquire with provider
Dishwasher: Enquire with provider
Fridge/Freezer: Enquire with provider
Parking: No
Outside Space/Garden: n/a - 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 12.5%, full price £400,000, £5,000 Min Deposit. Calculated using a representative rate of 4.42%
