Share Price £220,000 (from 40% Min. Share)

Full Value £550,000 | £22,000 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Tower Hamlets

place Horizons Tower, 1 Yabsley Street, E14 9BJ

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date_range Viewing 8 & 15 Dec . Call 0203 815 2222 / 0060 to book an appointment
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Modern two bedroom third floor apartment


Eligibility

You will need to be earning a guidance income of £65,909. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £22,000. Total approximate savings required £26,000.

All London applicants will be considered with priority given to Tower Hamlets Residents.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.


Description

Ground floor

Communal Entrance and Lift

Third floor

Hall, Reception, Kitchen, Bathroom with WC,Two Bedrooms (one with an ensuite).

External

Balcony

GIA

71 sq/m as per RICS Valuation

Accessibility rating

E

EPC rating

B

Length of lease

123 years

Borough

Tower Hamlets


Key Features

  • Balcony
  • Ensuite
  • 24 hour concierge
  • Gym

Download Documents

Link to the floor plan Energy Certificate

Accessibility

E – Step Free

No published access design guidance. These are properties that are considered general needs housing but have a level approach/entrance into the property and throughout. Properties in this category that have an internal flight of stair will be likely to accommodate future provision of a stair lift subject to technical feasibility.


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Calculate Monthly Cost

Share price
£ 220,000
Min. £220,000
Share percentage
Min. 40%
Your deposit
Min. £22,000
Monthly cost*
£1,819
Cost breakdown
£760
Rent
£230
Service charge
£829
Mortgage*
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Disclaimer

The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • 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 costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.


NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.