£130,000
1 bedroom flat for sale
20 Tarling Street, London
flat 
1 bedroom Property description
Shared Ownership
This superb modern home is available to buy from as little as £130,000 with a 40% share!
Located in Shadwell on the second floor of this development built in 2006 is a stunning one bedroom apartment. The property is beautifully presented property provides spacious well planned accommodation comprising entrance hall, spacious open plan kitchen/living space with a Juliet balcony and a large bathroom. The property also benefits from a lease over 100 years.
Shadwell and the surrounding areas of Spitalfields, Whitechapel and Aldgate, provide a range of attractions and amenities including a variety of dining options, markets and outdoor spaces. The location also offers excellent train links with Shadwell Station providing underground and overground services to various parts of London. There are also many local bus services.
PRICING & AFFORDABILITY
Full Market Value: £325,000
40% Share Price: £130,000 (rent £503.47 pcm)
Minimum 5% Mortgage Deposit (40% share): £6,500
Approximate Service Charges: £268.42 pcm*
Shared Ownership Lease: approx. 107 years
Council Tax Band: B
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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £325,000 and a purchaser would not need to meet the eligibility criteria listed above.
This superb modern home is available to buy from as little as £130,000 with a 40% share!
Located in Shadwell on the second floor of this development built in 2006 is a stunning one bedroom apartment. The property is beautifully presented property provides spacious well planned accommodation comprising entrance hall, spacious open plan kitchen/living space with a Juliet balcony and a large bathroom. The property also benefits from a lease over 100 years.
Shadwell and the surrounding areas of Spitalfields, Whitechapel and Aldgate, provide a range of attractions and amenities including a variety of dining options, markets and outdoor spaces. The location also offers excellent train links with Shadwell Station providing underground and overground services to various parts of London. There are also many local bus services.
PRICING & AFFORDABILITY
Full Market Value: £325,000
40% Share Price: £130,000 (rent £503.47 pcm)
Minimum 5% Mortgage Deposit (40% share): £6,500
Approximate Service Charges: £268.42 pcm*
Shared Ownership Lease: approx. 107 years
Council Tax Band: B
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. Rent and service charges will be reviewed annually by your housing provider, usually on 1st April each year.
* This home can also be purchased outright (100% of the value) which is £325,000 and a purchaser would not need to meet the eligibility criteria listed above.
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First listed
Over a month agoEnergy Performance Certificate
20 Tarling Street, London
Marketed by
SOWN - National Crowthorne House, Nine Mile Ride Wokingham RG40 3GZCall agent on 023 8221 9179
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Monthly repayment
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.
20 Tarling Street, London - Streetview
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