2 bedroom apartment for sale

Available

Oceanis Apartments, 19 Seagull Lane, E16 1BY

£400,000 · Shared Ownership Resale

Share percentage 80%, full price £500,000, £20,000 Min Deposit.

Available
2 bedrooms
Floor plan
floor-plan
Floor plan
floor-plan
£400,000 Shared Ownership Resale · Eligibility Eligibility

Share percentage 80%, full price £500,000, £20,000 Min Deposit.

Monthly Cost: £2,587
Rent £192, Service charge £402, Mortgage £1,993*

Calculated using a representative rate of 3.94%

Calculate estimated monthly costs

£
Eligibility
  • Minimum salaries required are: £89,594 (single), £93,594 (joint)
  • Applicants must have access to £3,500 savings to cover purchasing costs. A higher level of savings will be required to obtain a mortgage
  • Applicants must be registered with the Help to Buy Agent, BPHA, 03333 214044
  • Applicants should have a live and/or work connection to the London Borough of Newham
  • Priority will be given to serving military personnel

Information correct as at April 2020

Summary

Fantastic two bed apartment with great travel connections - buy with just a 5% deposit*

Description

A great opportunity to own bright and spacious eighth floor two bedroom apartment in the vibrant Royal Victoria area for just £400,000* through shared ownership.

The spacious lounge/dining room has a large full height window that means that plenty of natural day light floods into the room and gives far reaching views over the London skyline.

The modern kitchen is fitted with gloss white units with contrasting wooden work surfaces and includes an integrated stainless steel oven, ceramic hob, stainless steel cooker hood, along with a tiled floor.

Both bedrooms are light and airy and provide plenty of flexible living space.

The stylish modern bathroom is fitted with a white 3 piece suite, a large inset mirror, shower unit over the bath, glass shower screen, chrome towel rail, tiled floor and is fully tiled around the bath.

The apartment benefits from a secure underground parking space.

The property is located only minutes walk from the Canning Town Station which provides swift access into Canary Wharf, Stratford International and the City. It is only 12 minutes walk to the Excel London and is close to Canary Wharf with easy access to the A1011.

Early viewing is highly recommended.

Key Features
  • Buy with just a 5% deposit*
  • Bright and spacious
  • Two bedrooms
  • Fifth floor
  • Access to secure underground allocated parking
  • 112 years remaining on lease
  • Fixtures and fittings to be agreed
  • Local amenities a short walk away
  • Close to Canary Wharf
  • 12-minute walk to the Excel Centre
  • Excellent transport links; direct tram service from Canning Town
  • Current energy efficiency rating: C

*terms and conditions apply

Property Downloads
Floor Plan
Map
Royal Victoria (0.05 miles) Custom House (0.30 miles) West Silvertown (0.43 miles)
Monthly Cost Calculator

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together, rent, service charge and mortgage.

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  • 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.

£400,000
Shared Ownership Resale
Estimated Monthly Cost:£2,587
Rent £192
Service Charge £402
Mortgage £1,993

Share percentage 80%, full price £500,000, £20,000 Min Deposit. Calculated using a representative rate of 3.94%


Clarion Housing Group resales
View properties by this developer
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.