• flat
  • bedrooms

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Property description

Shared Ownership

This superb modern home is available to buy for £307,500 with a 75% share!

This purpose built apartment is situated in a prime location and is being offered to the market with no onward chain and available for immediate occupancy. The accommodation includes an open plan 26ft lounge/kitchen/diner, two bedrooms (master with en suite) and bathroom.

Located in a prime position, this development is close to an abundance of amenities, including shops, café’s restaurants, supermarkets, and Canary Wharf’s 5 famous Malls. It is also located just a 2 minute walk from Crossharbour DLR, and a 10 minute walk from Canary Wharf which offers quick access to the City and Central London on the Elizabeth and Jubilee line.

PRICING & AFFORDABILITY

Approximate Size: 721 sq ft

Full Market Value: £410,000

75% Share Price: £307,500 (rent £234.90pcm)
Minimum 5% Mortgage Deposit (% share): £15,375
Approximate Service Charges: £300 pcm*
Shared Ownership Lease: approx. 108 years
Council Tax Band: E

ELIGIBILITY

Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.

To be eligible for shared ownership you would need to meet the following criteria:

• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.

*Service charges are estimated and may subject to change.

* This home can also be purchased outright (100% of the value) at any point after completion of the advertised 75% share. Please speak to a member of our sales team for more information.
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First listed

4 weeks ago

Energy Performance Certificate

2 bedroom flat for sale - document

3 Limeharbour, London

Marketed by

SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZ Contact agent

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The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by SOWN - National. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact SOWN - National for full details and further information.
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