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Granary Court

Shared ownership

Granary Court, Millstone Close, London, E15 1PD

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

from

£185,250

with min. deposit

£18,525

65% Share from
£185,250
Full market price
£285,000
Minimum deposit
£18,525
Monthly rent
£213
Monthly service charge
£128.16
Reservation free
£500

1 bedroom flat

SHARED OWNERSHIP

Full market value - £285,000

You pay (65%) - £185,250

Monthly Rent - £213.33

Monthly Service Charge - £128.16

Annual Ground Rent - N/A

99 year lease commenced in January 2008 (83 years remaining)

EWS1 - New guidance, from the Royal Institute of Chartered Surveyors (RICS), means that lenders should no longer require an EWS1 form for this property. However, we cannot guarantee that all Mortgage lenders, brokers and valuers are utilising the same criteria.

Granary Court, is within close proximity to Stratford Town Centre, where you have lots of local coffee shops, restaurants, bars and the Westfield shopping centre.

For transport, you …

Features

Double Glazing

Bedrooms1
Bathrooms1
Reception rooms1
Floor area48.3
Number of floors1
Entrance floor2nd floor
Tenureleasehold
Lease years83
EER Current87
EER Potential87
EIR Current87
EIR Potential87

from

£185,250

with min. deposit

£18,525

65% Share from
£185,250
Full market price
£285,000
Minimum deposit
£18,525
Monthly rent
£213
Monthly service charge
£128.16
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

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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