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Flat 203, Legacy House, 4a Roach Road, London, E3 2PA

Shared ownership

Legacy House, 4a Roach Road, London, E3 2PA

Sale under offer
Shared ownership
Photo of Flat 203, Legacy House, 4a Roach Road, London, E3 2PA
Live from space album cover

from

£110,000

with min. deposit

£5,500

25% Share from
£110,000
Full market price
£440,000
Minimum deposit
£5,500
Monthly rent
£825
Monthly service charge
£131.72

1 bedroom flat

The one bedroom property is extremely well kept and is a good size for a 1 bed in London. The living area is all opened planned with room for a dining area and the kitchen has a super modern feel to it with modern integrated appliances. Going through into the bedroom you will notice there is great space for storage and large windows that let lots of natural light in throughout the flat. The balcony is a great size and perfect for lounging in the sun and looking our over the Olympic Park. Something that is also a great benefit to living at Legacy House is the lovely communal garden on the roof that has excellent views all across the Queen …

Features

Bedrooms1
Bathrooms1
Reception rooms1
Furniture statusunfurnished
Floor area50.1
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years121
EER Current84
EER Potential84
EIR Current92
EIR Potential92

from

£110,000

with min. deposit

£5,500

25% Share from
£110,000
Full market price
£440,000
Minimum deposit
£5,500
Monthly rent
£825
Monthly service charge
£131.72
Complete Moves

Complete Moves

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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