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35 Oriana House

Shared ownership

Oriana House, 11 Grange Park Road, London, E10 5GW

For sale
Shared ownership
Photo of 35 Oriana House
Live from space album cover

from

£122,500

with min. deposit

£6,125

35% Share from
£122,500
Full market price
£350,000
Minimum deposit
£6,125
Monthly rent
£354
Monthly service charge
£218.03
Annual ground rent
£100
Reservation free
£250

1 bedroom flat

A wonderfully presented forth floor 1 bedroom property available now for resale in Waltham Forest under the Shared Ownership Scheme.

The Shared ownership scheme is a fantastic opportunity for first time buyers to purchase their first home.

This wonderful 1 bedroom property, with open plan living, dining area and a communal roof terrace has been designed to meet your every comfort and provides a contemporary feel, perfect for relaxed living.

Located a short walk away from Leighton Underground Station or Leighton Midland Station, there are also alot of local amenities, parks and good schools close by.

The property benefits from:

- Fitted …

Features

Central heating

Double Glazing

Lift access

Communal Garden

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area49
Number of floors1
Entrance floor4th floor
Tenureleasehold
Lease years114

from

£122,500

with min. deposit

£6,125

35% Share from
£122,500
Full market price
£350,000
Minimum deposit
£6,125
Monthly rent
£354
Monthly service charge
£218.03
Annual ground rent
£100
Reservation free
£250
Imagine Living

Imagine Living

FAQs

Shared ownership is a government-backed scheme, designed to make stepping onto the property ladder more affordable. You buy a portion of a home normally with a mortgage and a deposit, and pay a low-cost rent on the rest.

Read more on the Shared Ownership FAQ

Help to Buy is an equity loan scheme to help you buy a new home. If you have a 5% deposit and can cover 75% of the value of the home with a mortgage (or 55% in London), the Government will lend you up to the remaining 20% (40% in London) in the form of an equity loan that carries 0% interest in the first 5 years. This is available on a variety of new-build properties for first time buyers and is subject to the property price, the subsequent price cap in that region and the developer offering the option.

You can read more on the Help to Buy FAQ

The rules for shared ownership are different to a private purchase. In short, as long as you don’t currently own, or won’t own another property when you move in to a new home, you’re likely to qualify. Help to Buy is available to first time buyers only and the property value itself must fall below a price threshold for that specific area which varies in terms of the average house price in the region.

Read more about eligibility in the FAQ

Some properties require you to live or work in the local area in order to be eligible to buy them. By knowing the areas in which you live and work, we can make sure you see everything available to you.

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