Full price: £895,000 The full value of the property
Share value: 25% - £223,750
Estimated monthly cost*: £2,295
Estimated Monthly Mortgage*: £1,121
SO Resi Monthly Payment: £913.35 The monthly payment you make for the share of the home that you don't own
Monthly Service Charge**: £260.14 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 contemporary and secure three bedroom apartment is located in Central London, close to the City of London and the Spitalfields/Whitechapel area and it's available now for sale through the Shared Ownership Scheme. The property comprises bathroom with shower, modern kitchen with appliances and a large lounge/dining area with view on three elevations and a large street-facing balcony.
All rooms have individually controlled underfloor heating and there is a ventilation system. The building has access to a shared garden outdoor area at level 10, access to a gym as well as concierge services. There is also ample cycle storage facilities accessed by lift in the basement.
- Minimum income requirement £77,645
- Buy more shares for a minimum of 10%
- Income requirement reduces if a higher deposit's available
This is a central London location, with immediate access to Aldgate, Spitalfields, Whitechapel, Brick Lane and the City of London so there is no shortage of schools, shops, cinemas, restaurants and other retail facilities. In particular, the Goodmans Fields development next door offers Curzon cinema, various restaurants and cafes and hotels. Mini supermarkets like Tesco and Sainsburys are only a two minutes walk away and a Waitrose and Marks & Spencer can be found just 10 mins walk away.
Aldgate East tube station is right outside the front entrance with immediate access to the Circle, District and Hammershith & City Lines whilst Algate tube station is a short walk away. There are ample bus routes that are available immediately outside these stations. The DLR service to Canary Wharf and beyond is a short 5 min walk away, as is the Fenchurch Street mainline station. Close to that is Tower Hill tube station. Additionally there are many club car locations located around Wiverton Tower.
A three bedroom apartment located in available through the Shared Ownership Scheme.
Available for £223,750 for 25% share based on the marketing figure of £895,000.
SO Resi Monthly Payment - £939.83
Monthly Service Charge - £254.09
Total Monthly Charge - £939.83 PLUS MORTGAGE REQUIRED FOR 25% SHARE
The property is a three bedroom third floor flat in a large modern residential development in Aldgate, Central London.It is located within walking distance of the City of London and benefits from being in a central location. The nearest underground station is Aldgate East, (District and Circle Lines) and within reasonable travelling distance of the local shopping and recreational facilities within the area.
Reception/ Kitchen, Three Bedrooms, Bathroom with WC, Hallway.
The subject property has a balcony.
Energy Rating Band - B
Environmental Impact Band - B
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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