Full price: £500,000 The full value of the property
Share value: 30% - £150,000
Estimated monthly cost*: £1,303
Estimated Monthly Mortgage*: £751
SO Resi Monthly Payment: £438.44 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £112.30 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate, mortgage figures are shown for illustration purposes only and use a guide interest rate of 3.99%. The actual rate will depend on your circumstances and you should seek mortgage advice to establish a personalised illustration of your mortgage.
** Residents of a development pay this for maintenance of communal/external areas
Years on lease: 114
The property is close to local amenities: Five minute walk to London Fields, Victoria Park, Broadway Market, Regents Canal, Ofsted-rated outstanding London Fields Primary School and several outstanding nurseries, Fitness4Less gym and several fitness and yoga studios. Ten-minute to V&A Museum of Childhood, Lidl supermarket. Fifteen-minute walk walk to Columbia Road Flower Market, Hackney Empire theater, Picture house cinema.
Transport Links(bus, rail and roads):Bus stop directly outside with 55, 254,106, 26,388 and D6 routes. Five-minute walk to Cambridge Health Overground station. Te-minute walk to Bethnal Green Tube station (on the Central Line) and London Fields Overground station.
A two bedroom first floor flat located in London available through Shared Ownership Scheme.
Available for £150,000 for 30% share based on the marketing figure of £500,000.
SO Resi Monthly Payment - £438.44
Monthly Service Charge - £112.30
Total Monthly Charge - £550.74 PLUS MORTGAGE REQUIRED FOR 30% SHARE
Minimum required Income-£49,057
The property is situated within a private development of similar flats with a secure communal door at ground floor level and lift leading to all floors.
Modern two bedroom flat on first floor with open-plan kitchen/living/dining area that benefits from floor-to-ceiling windows on two sides and Juliet balcony. Built-in cupboard in hallway and wardrobe in main bedroom. Neutral decor, engineered wood floors and fitted wood blinds throughout. Secure development with video phone entry, internal bike storage and two lifts.
You can buy more shares for minimum of 10%
Energy Rating Band - C
Environmental Impact Band - C
All room dimensions approximate.
Please note figures given for SO Resi monthly payment and service charge are correct at time of marketing. There is an annual increase that takes place. Please contact us for more information.
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