£130,000

2 bed flat for sale

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Shared ownership
Leasehold

£130,000

(£152/sq. ft)

2 bed flat for sale

Mission Grove, London E17

2 beds
1 bath
854 sq. ft
EPC rating: B

Key Information

Tenure:
Leasehold (247 years)
Service charge:
£191 per month
Council tax band:
C
Ground rent:
Ground rent date of next review:
Shared ownership percentage owned:
25%
Shared ownership rent:
£800 per month

Local area information

Property location

Nearby amenities

  • Leyton 0.3 miles
  • Noor Ul Islam Primary School 0.4 miles
  • Lantern of Knowledge Secondary School 0.5 miles
  • Leyton Midland Road 0.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Terrace
If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.

A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.

An impressive and spacious two bedroom apartment located on the fourth (top) floor of a modern purpose built development, benefiting from contemporary fittings. The accommodation comprises; hallway, open plan kitchen/reception room/dining area, two bedrooms, bathroom and a terrace. The building benefits from a lift and stair access to all floors, door entry system and bicycle storage area.

Property Value: £520,000
Minimum Share: 25%
Share Value: £130,000
Lease Term - 247 years (approx.)
Rent pcm - £799.99
Service charge pcm - £191.05
Gross internal area: 854 sq.ft / 79.4 sq.m
EPC Rating: B
Council Tax Band: C

The area is well served by public transport links, approximately a 5 minute walk from St James Street Overground Station and a 15 minute walk to Walthamstow Central Station. There are numerous local bus routes. Walthamstow Market and a variety of local shops, cafes and restaurants can be found nearby.

There are some planning applications within 0.5 miles of this home

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Floor plan 1

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Listed by

Newlon Living - Resales

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Property descriptions and related information displayed on this page are marketing materials provided by - Newlon Living - Resales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Newlon Living - Resales for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. East London
  5. Walthamstow
  6. Mission Grove

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