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Apollo Court

Shared ownership

Apollo Court, London, E15 2FF

For sale
Shared ownership
Photo of Apollo Court
Live from space album cover

from

£170,000

with min. deposit

£17,000

40% Share from
£170,000
Full market price
£425,000
Minimum deposit
£17,000
Monthly rent
£319
Monthly service charge
£261.78
Annual ground rent
£100
Reservation free
£500

2 bedroom flat

SHARED OWNERSHIP

Full Market Value  £425,000

Share Value (40%) £170,000

Monthly Rent         £319.37

Service Charge      £261.78

Council Tax Band: D

125 year lease commenced August 2015 - 117 Years Remaining

EWS1 Certification is available for this property.

We consider this home to be situated in an ideal location which offers access to great local amenities and excellent transport links for a commuter. Westfield shopping centre and the Queen Elizabeth Olympic Park are within 0.7 miles offering a host of outdoor and indoor activities for all ages. Westfield with its array of shops, bars and restaurants and the Queen Elizabeth Olympic Park with its …

Features

Balcony

Double Glazing

Lift access

Bedrooms2
Bathrooms1
Reception rooms1
Floor area64.1
Number of floors1
Entrance floor5th floor
Tenureleasehold
Lease years117
EER Current79
EER Potential79
EIR Current86
EIR Potential86

from

£170,000

with min. deposit

£17,000

40% Share from
£170,000
Full market price
£425,000
Minimum deposit
£17,000
Monthly rent
£319
Monthly service charge
£261.78
Annual ground rent
£100
Reservation free
£500
L&Q

L&Q

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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