£126,000
1 bed flat for sale
Santiago Court, London E1Shared ownership
Leasehold
1 bed
1 bath
1 reception
EPC Rating: B
Key information
Tenure
Leasehold (87 years)
Service charge
£230 per month
Council tax band
C
Ground rent
Ground rent date of next review
About this property
Private balcony
Communal heating system
More than ample storage
Bedroom with fitted wardrobe
Open plan living/dining/kitchen
Good EPC Rating - B
Shared ownership
Full Market Value £360,000
You pay (35%) £126,000
Monthly Rent: £512.80
Service Charge £229.79
Annual Ground Rent N/A
Council Tax Band C
99 year lease commenced in January 2013 - 87 years remaining
EWS1 - B2 Certification
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
L&Q welcomes you to view this one bedroom, second floor apartment.
This bright and spacious one bedroom second floor apartment consists of a stylish open-plan kitchen and living area, flooded with natural light from wide floor-length windows and door leading to private balcony. The kitchen is fitted with grey base units and cream wall units, with under-cupboard lighting, and a white worktop. The kitchen also benefits from integrated appliances including a fridge freezer, oven, hob, extractor fan and dishwasher. Spacious main double bedroom benefitting from built-in storage cupboards. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone tile surround and heated towel rail. Additional double storage cupboard in hallway.
This property benefits from a sinking fund. A sinking fund is a long-term savings plan that leaseholders contribute to every month through service charges. This is used to pay for major works that are required, such as replacing a roof.
An abundance of open green space nearby includes Mile End Park, extending to Victoria Park, the Regents Canal and River Thames path. There is also a variety of local schools, as well as a vast array of local restaurants, bars, galleries and markets and yet still just a short commute into the city.
The buyer will require a deposit to obtain a mortgage for this property.
To meet the requirements for this property we require as a guideline, a minimum household income of £51,849. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that 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 a property in one of our schemes. If you are not registered, please visit our website and register to obtain your unique reference number.
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.
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 as of June 2024.
More information
Listed by
L&Q - Pre Owned Shared Ownership Homes
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