- 1 Bedroom
- 30% share available
- Call 0203 815 1234 to book your viewing
One bedroom second floor flat, in the London Borough of Newham available to buy through Shared Ownership. Full market value £375,000. 30% share available, share price £112,500.
Monthly Mortgage*: £598.06
Monthly Rent: £350.58
NHHO Service Charge*: £151.40
Notting Hill Administration Fee: £13.50
Council Tax: £80.66
Estimated Total (per month): £1,113.54 excluding council tax
*Estimate :The monthly mortgage is based on an interest rate of 4.99 % with a capital and interest repayment over 25 years. It is based on a 90% mortgage The rent may increase each year, the increase calculation will be specified in the lease.
£112,500 (30% share price of £375,000)
- Communal garden with water feature
- Living area with floor-to-ceiling windows and glass double doors
- Open plan living area and dining kitchen with natural light
Lobby area with lift access and stairs.
Balcony to the flat, communal garden with water feature
49 sq. m as per RICS valuation
D – Easy access
Length of lease
You will need to be earning a guidance income of at least £40,128. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £11,250. Total approximate savings required £15,250
Important borough specific eligibility criteria
All in London can apply
Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.
If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.
Details correct as at 29/11/2018
|Number of Beds||1|
|Full market price||£375,000|
|Ownership||30% share available|
Location and local area
Underground & DLR
Canning Town Station (270m)