Commercial Wharf
London E8 4EG, E8 4EG
from
£215,000
with min. deposit
£21,500
1 bedroom flat
SHARED OWNERSHIP
Full market value - £430,000
You pay (50%) - £215,000
Monthly Rent - £409.37
Monthly Service Charge - £253.09
Annual Ground Rent - £100
125 year lease commenced in April 2012 (114 years remaining)
EWS1 B2 Certification - Remediation works will be covered by the Government's Non-ACM Building Safety Fund
Commercial Wharf is set on Kingsland Road and is conveniently located for Haggerston Overground (0.1m) and the many bus routes serving Liverpool Street and the City found on Kingsland Road. The extensive selection of shops, bars & restaurants found in Shoreditch (1.1m), Dalston (0.5m) and Haggerston are also within easy reach.
The …
Features
Balcony
Central heating
Double Glazing
Lift access
| Bedrooms | 1 |
| Bathrooms | 1 |
| Reception rooms | 1 |
| Number of floors | 1 |
| Entrance floor | 2nd floor |
| Tenure | leasehold |
| Lease years | 114 |
| EER Current | 81 |
| EER Potential | 81 |
| EIR Current | 91 |
| EIR Potential | 91 |
from
£215,000
with min. deposit
£21,500
L&Q
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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