Available

£122,500

Banyan Court, 2 Regalia Close, E16 2TW
Share 25% / Full price £490,000 / Min deposit £12,250

Apartment
2 bedrooms
2 bathrooms

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Summary

Two bedroom apartment in Newham available through Shared Ownership 25% share £122,500 Full Market Value £490,000

Eligibility

As a guide you will need to have a household income of at least £81,244. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £12,250. Total approximate savings required £16,250.

Important borough specific eligibility criteria

Newham

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.

Description

Viewings will be taking place: Saturday 27th and Sunday 28th June (between 10am-2pm)

Accommodation:
Hallway: 1.5m x 2.4m + 1.1m x 2.9m
Bedroom 1: 3.7m x 2.8m
Bedroom 2: 4.8m x 2.8m
Ensuite: 1.6m x 2.2m
Bathroom: 1.7m x 2.3m
Lounge/Kitchen: 3.8m x 4.9m + 2m x 3.1m
Balconies (See floor plan)

EPC rating

B

GIA

70 SQM

Borough

Newham

Important information

This property does not currently have a satisfactory EWS1 form and therefore any lending will be subject to individual lenders requirements. We will work with lenders but are unable to guarantee the outcome, as this is building and lender specific. We recommend speaking with a financial advisor or broker. Applicants who qualify for cash purchase under Shared Ownership terms will be unaffected by this from a lending perspective.

Description

Property information & downloads

Key features

Material information

Floor plan Energy Certificate
Local area information
Stations
Showing nearest stations
  • Pontoon Dock DLR Station (0.3km)
  • West Silvertown DLR Station (0.4km)
  • Custom House (for ExCel) DLR Station (0.9km)
  • Custom House (1.0km)
  • Prince Regent DLR Station (1.0km)
  • IFS Cloud Royal Docks (1.0km)
  • Royal Victoria DLR Station (1.1km)
  • IFS Cloud Greenwich Peninsula (1.4km)
  • London City Airport DLR Station (1.5km)
  • Royal Albert DLR Station (1.5km)
Notting Hill Genesis Resales
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.
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Monthly cost calculator
£122,500 Shared Ownership Resale Full price £490,000
Estimated monthly cost £2,154
£

How is this calculated?

Request details from the housing provider