Flat for sale in London E1, 2 Bedroom

Full Market Value
£430,000

Share Value(35%)
£150,500

Monthly Rent
£586

Service Charge
£120

Minimum Income
£46,957

Minimum savings
£15,050

Full description

We consider this home to be situated in an ideal location which offers access to great local amenities and excellent transport links for the commuter.

To meet the requirements for this property we require as a guideline, a minimum household income of £46,957. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note; applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered the property for our schemes. Please ensure to keep a record of your unique registration number

You will require a deposit to obtain a mortgage for this property

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

Full market value – £430,000

You pay (35%) - £150,500

Monthly rent – £585.84

Service charge - £119.75

Ground rent payable - £0

125 year lease commenced in 01/04/2007 (114 years remaining)

Local Information

Mercer Court offers you the opportunity to live in an area that has excellent access to a wide array of shops, bars and restaurants.

Shopping Centre - Boxpark Shopping Centre, Westfield Stratford and further away Canary Wharf.

Supermarket - Sainsbury's, Co-op, Cost Cutter, Lidl and asda.

Leisure Centre - Mile End Leisure Centre, Whitechapel Leisure Centre, Mulberry Sport Centre and St. George's Centre.

Schools - Cayley Primary School and Halley Primary School/

Doctors Surgery - XX Place Surgery, Stepney Health Centre, Brayford Square Surgery and Albion Health Centre.

Transport

Tube Stations - Stepney Green, Mile End and Limehouse.

Bus Stop - Harford Street, Dongola Road (stop s), Stepney Green School.

Road links include the A11 and A13

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct. *Information on shopping, going out, leisure and transport obtained from Google and Details as at February 2019.