Royal Mint Street, Whitechapel, London - 60% share (£279,000)

Under offer

Full price: £465,000 The full value of the property

Share value: 60% - £279,000

Estimated monthly cost*: £1,460

Estimated Monthly Mortgage*: £1,398

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

This contemporary flat in Tower Hill comprises hallway, spacious living area, kitchen, bedroom and bathroom on the fourth floor. The property also comprises a small balcony.

Location

Description

Key Features

  • One bedroom fourth floor flat
  • Contemporary design
  • Good condition
  • Triple glazed
  • Electric storage heaters
  • Close to local amenities in Tower Hill, London

Full Description

A one bedroom fourth floor located in Tower Hill available through Shared Ownership Scheme.
Available for £279,000 for 60% share based on the marketing figure of £465,000.

SO Resi Monthly Payment - No Rent
Monthly Service Charge - £62.42
Total Monthly Charge - £62.42 PLUS MORTGAGE REQUIRED FOR 60% SHARE

The property comprises a one bedroom, purpose built fourth floor flat. The accommodation comprises as follows: hallway, living room, kitchen, bedroom and bathroom. The property also has a small balcony.You can buy more shares for minimum of 10%

*Please note this property is part of a 'Preserved Equity Scheme'. This means Metropolitan Thames Valley retain a 40% stake in the property. No further shares can be purchased. There is no rent to pay on the un-owned share (40%).

EPC Rating

Energy Rating Band - D
Environmental Impact Band - E

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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