Property photos
Leasehold
£192,500
1 bed flat for sale
Thornbury Way, Waltham Forest, London E171 bed
1 bath
1 reception
EPC rating: B
Local area information
Property location
Nearby amenities
- Walthamstow Primary Academy 0.1 miles
- Walthamstow Academy 0.1 miles
- Blackhorse Road 1.2 miles
- Northumberland Park 1.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Guideline Minimum Deposit £19,250
- Guide Min Income Dual £56.1k Single £64.5k
- Ground Floor with Private Entrance
- Approx. 637 Sqft Gross Internal Area
- Open Plan Kitchen/Reception Room
- Fitted Wardrobe in Bedroom
- Very Good Energy-Efficiency Rating
- Driveway Parking Space
Shared ownership (Advertised price represents 55% share. Full market value £350,000). A rare chance to buy a generously-sized, ground-floor flat which benefits from a private front garden/driveway and entrance. The smartly-presented property has a twenty-five-foot reception room with open-plan kitchen area featuring walnut-style units and contrasting, pale work-surfaces. The spacious bedroom includes a fitted wardrobe, the bathroom is attractive and modern and a large storage/utility cupboard has been provided in the hallway. Well insulated walls and floor, high performance glazing and a communal heating/hot water system make for a very good energy-efficiency rating.
Interested parties are required to complete the shared ownership common application form [ ]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2016).
Minimum Share: 55% (£192,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £480.21 per month (subject to annual review).
Service Charge: £124.30 per month (subject to annual review).
Guideline Minimum Income: Dual - £56,100 Single - £64,500 (based on minimum share and 10% deposit).
Council Tax: Band B, London Borough of Waltham Forest. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Front Garden (including driveway)
26' 4" x 17' 9" (8.03m x 5.41m)
Entrance Hallway
Reception
25' 1" max. X 11' 9" (7.65m x 3.58m)
Kitchen
included in reception measurement
Bedroom
17' 2" max. X 9' 1" (5.23m x 2.77m)
Bathroom
Interested parties are required to complete the shared ownership common application form [ ]
(Please note the minimum income and deposit requirements for eligibility. You do not need to request a viewing separately once you have completed the application form.)
Housing Association: Clarion.
Tenure: Leasehold (125 years from 01/01/2016).
Minimum Share: 55% (£192,500). The housing association will expect that you will purchase the largest share affordable.
Shared Ownership Rent: £480.21 per month (subject to annual review).
Service Charge: £124.30 per month (subject to annual review).
Guideline Minimum Income: Dual - £56,100 Single - £64,500 (based on minimum share and 10% deposit).
Council Tax: Band B, London Borough of Waltham Forest. Priority is given to applicants living and/or working in this local authority.
This property is offered for sale in the condition seen. The housing association does not warrant to carry out any remedial or redecoration work of a cosmetic nature unless specifically advised in writing. As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves. The information in this document supersedes any information given verbally either in person or by telephone.
What is shared ownership ?
Shared Ownership is a housing scheme designed to help homebuyers who are unable to afford the cost of buying a property outright on the open market. Properties may be sold off-plan or new build direct from housing associations, or pre-owned from existing shared owners. The rules and terms of the scheme are set by the Greater London Authority (gla) in London and Homes England outside of London.
Is shared ownership for you ?
The gla and Homes England set the eligibility criteria for Shared Ownership, but broadly speaking you must:
1. Not own another property in the UK or any other country.
2. Have a household income that falls below £90,000 (£80,000 threshold outside the M25). Every property will have a minimum income level too, determined by its’ value, rent and service charge costs. In most cases you will need to meet or exceed the given minimum income.
3. Have access to a minimum deposit of 10% of the share being purchased (a minimum deposit of 5% of the share being purchased may be acceptable depending on individual financial status).
4. Be in full time permanent employment.
5. Be a British, EU or eea Citizen or have indefinite leave to remain in the UK.
6. Have a good credit history.
Ground Floor
Front Garden (including driveway)
26' 4" x 17' 9" (8.03m x 5.41m)
Entrance Hallway
Reception
25' 1" max. X 11' 9" (7.65m x 3.58m)
Kitchen
included in reception measurement
Bedroom
17' 2" max. X 9' 1" (5.23m x 2.77m)
Bathroom
There are some planning applications within 0.5 miles of this home
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Listed by
Urban Moves
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