Share Price £255,000 (from 75% Min. Share)

Full Value £340,000 | £25,500 Min. Deposit

Scheme: Shared Ownership Resales

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1 bedroom apartment in Newham

place Flat 12, 1 Bywell Place, E16 1JW

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Beautiful Apartment with Balcony in Rathbone Market


Eligibility

Priority given to Newham applicants but all can apply.

 

Applicants must be earning under £90,000 gross per annum

 

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 ready to exchange.


Description

Ground floor

Communal Entrance and Passenger Lift.

2nd Floor

Hall. Reception. Kitchen.

Bedroom. Bathroom with WC.

External

The subject property has a balcony

GIA

53 sq. m. GIA.

EPC rating

B

Length of lease

96 years

Borough

Newham


Key Features

Modern 2nd Floor Apartment

Fully integrated Kitchen

Balcony

Low cost Gym, Shops and Restaurants all in Close Proximity

Easy access to Canary Wharf, Westfield, London Bridge and the City


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Energy Certificate
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Calculate Monthly Cost

Share price
£ 255,000
Min. £255,000
Share percentage
Min. 75%
Your deposit
Min. £25,500
Monthly cost*
£1,279
Cost breakdown
£181
Rent
£137
Service charge
£961
Mortgage*
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Location

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.