Boyd Building (REF: NH83)

Key Features Concierge Large Balcony Communal Gardens Gallions Reach Shopping Park Close to London City Airport Future Crossrail Station Local Transport Gallions Reach DLR &...

Register interest

from £192,500 with min. deposit £19,250

Overview

BRIEF OVERVIEW

Fourth floor, 2 bedroom home in the London borough of Newham for £83,750 (25% share price of £385,000 full market price), available through Shared Ownership.

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SPECIFICATION

Floor
Fourth

GIA
65 sqm

EPC rating
B

Length of lease
121 Years Remaining

Parking
None

Pets allowed
No

Number of bathrooms
1

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AFFORDABILITY

Full Market Price: £385,000

Share Percentage: 50%

Equity Price: £192,500
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Monthly Fees

Monthly Rent: £508.65

Service Charge: £200.00

Ground Rent: £30.00

NHG Admin Fee: £13.50

Estimated Total (per month): £752.15 excluding council tax

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Viewings:

Register online or call 0203 815 0060 to book your appointment.

FAQs

What is shared ownership?

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

What is help to buy?

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.
You can read more on the Help to Buy FAQ

What is eligibility?

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.
Read more about eligibility in the FAQ

Why do you need to know where I work?

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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Boyd Building (REF: NH83)

Overview

FAQs

Similar properties

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Charlotte House, Sutton

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