Full price: £448,000 The full value of the property
Share value: 60% - £268,800
Estimated monthly cost*: £1,409
Estimated Monthly Mortgage*: £1,346
SO Resi Monthly Payment: The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £62.42 Residents of a development pay this for maintenance of communal/external areas
* Costs shown are approximate and based on a mortgage APR of 3.99% over 25 years. Minimum 5% deposit shown. An independent financial adviser will help guide you through the process.
** Monthly service charges are an estimate but include (where applicable); buildings insurance, ground rent, management and audit fees, cleaning, lighting, landscaping and general maintenance of communal areas.
Years on lease: 95
The property is located close to local amenities; schools, various gyms and large Waitrose supermarket all within a 5 minute walk from the property, bars , restaurants, rivers and other amenities nearby.
The area is well-served by transport links; only 2 minutes away from Tower Hill and Tower Gateway Stations,with many bus routes 42,78, RV1,100, 15 to name a few and Santander cycle hire.
Key FeaturesOne bedroom third floor flat
A one bedroom third floor flat located in Tower Hill available through Shared Ownership .
Available for £268,800 for 60% share based on the marketing figure of £448,000.
SO Resi Monthly Payment - £0
Monthly Service Charge - £62.42
Total Monthly Charge - £62.42 PLUS MORTGAGE REQUIRED FOR 60% SHARE
The accommodation of the property briefly comprises entrance hall, living room, kitchen, bedroom and bathroom with WC on the third floor. Access to the block is via a communal entrance hall and staircases. There is also a lift service.
The flat is connected with mains drainage, electricity and water but there is no gas supply. Space heating is provided by wall fitted panel heaters and hot water via an electric immersion heater attached to the hot water cylinder.
Energy Rating Band - C
Environmental Impact Band - D
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.
Use our property search to find a home
Register with us to book a viewing
Complete your affordability assessment with an IFA
Apply to buy on our website