8 Towergate House, 28 Ordell Road
28 Ordell Road, London, E3 2DL
from
£150,500
with min. deposit
£15,050
2 bedroom house
We are delighted to offer this two bedroom purpose built flat. This property is located on the ground floor and built in circa 2005. The property benefits from a large entrance hall providing access to both bedrooms, bath and an open plan living room/ kitchen. This property also benefits from 2 allocated car parking spaces and a lease length of approximately 108 years.
Features
Bedrooms | 2 |
Bathrooms | 1 |
Reception rooms | 1 |
Number of floors | 1 |
Entrance floor | Ground floor |
Tenure | leasehold |
Lease years | 125 |
EER Current | 85 |
EER Potential | 85 |
from
£150,500
with min. deposit
£15,050
FAQs
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
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