Shared ownership at East Wick + Sweetwater, Hackney, E20 3AL

East Wick + Sweetwater

7 Waterden Road, London, E20 3AL

Coming soonnew home
Shared ownership
Live from space album cover

from

£455,000

1 bedroom

from

£545,000

2 bedroom

from

£600,000

3 bedroom

Register interest

from £215,250

with min. deposit £21,525

£227,500

1 bedroom Flat

£218,000

2 bedroom Flat

£222,000

2 bedroom Flat

£270,000

3 bedroom Flat

£240,000

3 bedroom Flat

Availability

For sale

For sale

For sale

For sale

For sale

Minimum share

50%

40%

40%

45%

40%

Full market price

£455,000

£545,000

£555,000

£600,000

£600,000

Deposit from

£22,750

£21,800

£22,200

£27,000

£24,000

Monthly service charge

£138

£160

£172

£184

£184

Bedrooms

1

2

2

3

3

Bathrooms

1

1

1

1

1

Reception rooms

1

1

1

1

1

Furniture status

unfurnished

-

-

-

unfurnished

Floor area

587

-

-

-

-

Number of floors

1

1

1

1

1

Entrance floor

1st floor

1st floor

3rd floor

1st floor

3rd floor

Tenure

leasehold

leasehold

leasehold

leasehold

leasehold

Property features

BalconyCommunal Garden
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EER Current

8283848383

EIR Current

9494949393

Overview

Welcome! We're a new neighbourhood in the making on Queen Elizabeth Olympic Park, right next door to Hackney Wick and Fish Island.Over its lifetime, East Wick + Sweetwater will bring new schools, nursery, community spaces, commercial and retail spaces, as well as over 1,800 homes to Queen Elizabeth Olympic Park.Our first phase is well underway and will see 300 new homes, as well as commercial spaces and open spaces. Whether you're looking for your first place or more space to grow, there's something here for everyone.  The good to know... Fully fitted German engineered kitchen with Bosch appliancesWasher dryer in the utility cupboar...

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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