Full price: £450,000 The full value of the property
Share value: 45% - £202,500
Estimated monthly cost*: £1,873
Estimated Monthly Mortgage*: £1,014
SO Resi Monthly Payment: £663.55 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £194.23 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: 120
This beautifully presented two bedroom flat in Limehouse, London is available for sale through the Shared Ownership Scheme. The property comprises large living room/dining area, fitted kitchen, two good sized bedrooms and bathroom with WC. The property has an open plan design with a nice flow from the dining area to the lounge and into the kitchen. The property is modern and airy with lots of natural light thanks to a south facing juliette balcony in the living area overlooking a leafy green area.
- Minimum income requirement - £67,598
- Income requirement reduces if a higher deposit's available
- Buy more shares for a minimum of 10%
The property is within reasonable distance of the nearest DLR station;Westferry and the nearest rail station, Limehouse with services from both into and across Central London. The Jubilee line is also close by at Canary Wharf which can be reached on foot or using the DLR, as is the Central Line at nearby Mile End Station. There are bus stops directly outside the flat making transport connections very easy. A cycle highway is only a few minutes from the flat and runs all the way to Westminster.
The property is within reasonable travelling distance of the local shopping and recreational facilities within the area. There are several food stores nearby; a Tesco, a Lidl, two Tesco Express, a Waitrose and an M&S food. There are several gyms nearby; two Pure Gyms and a Virgin Active. As well as being a few minutes walk from the Thames, the property is also very close to Mile End Park and Victoria Park. There are brilliant local pubs and several good schools nearby.
Second floor flat
Secure bike storage
South facing balcony
Gas central heating
Close to local amenities in Central London
A two bedroom second floor apartment located in Limehouse, London available for sale through the Shared Ownership Scheme.
Available for £202,500 for 45% share based on the marketing figure of £450,000.
SO Resi Monthly Payment - £663.55
Monthly Service Charge - £194.23
Total Monthly Charge - £857.78 PLUS MORTGAGE REQUIRED FOR 45% SHARE.
The property is a two-bedroom second floor flat within a modern six storey mixeduse purpose-built block of 17 flats in Limehouse, located to the East of Central London that falls under the London Borough of Tower Hamlets.
Entryphone system to Communal Lobby.
Second Entryphone to Hallway.
Passenger Lift and Stairwell.
4.4m x 1.96m
3.30m x 3.41m.
Bathroom with WC
1.97m x 2.25m
4.27m x 3.78m plus 1.94 x 1.94
Energy Rating Band - B
Environmental Impact Band - A
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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