- 1 Bedroom
- 25% share available
- Viewings Saturday 21 April. Call 0203 815 1234 to book your appointment.
Second Floor 1 bedroom home in the London borough of Tower Hamlets for £107,500 (25% share of £430,000), available through Shared Ownership.
Monthly Mortgage: £571.48
Monthly Rent: £681.54
Service Charge: £159.17
Notting Hill Administration Fee: £13.50
Council Tax: £126.99
Estimated Total (per month): £1425.69 excluding council tax
*The estimated monthly mortgage is based on an interest rate of 4.5 % 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.
** Service Charge payable to Notting Hill Housing
£107,500 (25% share price of £430,000)
- Use of concierge services
- Communal heating and hot water
Entrance leading to concierge, internal communal area and lifts
Hallway, reception room/kitchen, bedroom, and bathroom/WC
48.3sqm – 519.9sqft
F – General access
Length of lease
You will need to be earning a guidance income of £49,606. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £10,750. Total approximate savings required £14,750.
Important borough specific eligibility criteria
Priority will go to applicants with a connection to Tower Hamlets but all applicants 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 16/04/2018
|Number of Beds||1|
|Full market price||£430,000|
|Ownership||25% share available|
|Guidance household income||£49,606|
this development is provided by Notting Hill Sales
Notting Hill Sales is the trading name of Notting Hill Home Ownership and related companies.
Location and local area
Docklands Light Railway
Blackwall (0.55 km)
Canary Wharf (1.2 km)