- 2 Bedrooms
- 35% share available
- Viewing Sunday 22 April. Call 0203 815 1234 to book your appointment.
Two bedroom second floor flat in the London Borough of Newham, available to buy through Shared Ownership. Full market value £440,000, 35% share available, share price £154,000
Monthly Mortgage**: £818.68
Monthly Rent: £438.04
NHHO Service Charge*: £187.33
Notting Hill Administration Fee: £0
Council Tax: £92.16
Estimated Total (per month): £1,444.05 excluding council tax
*Service Charge payable to Notting Hill
**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.
£154,000 (35% share price of £440,000)
Entrance hall, passenger lift and stairwell
Entrance hallway, living room/ kitchen, main bedroom with en-suite, bedroom 2, bathroom/wc, balcony.
73 square metres (807sq ft) as per RICS valuation
D – Easy Access
Length of lease
You will need to be earning a guidance income of £52,038. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £15,400. Total approximate savings required £19,400
Important borough specific eligibility criteria
Priority will be given to live or work in Newham but all 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 09/04/2018
|Number of Beds||2|
|Full market price||£440,000|
|Ownership||35% share available|
|Guidance household income||£52,038|
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
Canning Town (0.27 km)