Foundry Mews
£110,000 for a 25% share
Property description
Excellent transport links/Good EPC Rating/Long lease
Property address
Foundry Mews, Forest Road, London, E17 4FT
2 
1 Shared Ownership
Full Market Value - £440,000
You Pay (25%) - £110,000
Monthly Rent - £1046.60
Monthly Service Charge - £164.93
Annual Ground Rent - £350
125 year lease commenced in April 2016 - 116 years remaining
Council Tax Band: C
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.
L&Q welcomes you to view this two bedroom, second floor apartment.
This bright apartment consists of an open-plan kitchen and living area, flooded with natural light from wide floor-length windows. The kitchen is fitted with dark grey wall and base units, and a white marble effect worktop. The kitchen also benefits from integrated appliances including an oven, hob, and extractor fan. Spacious double bedroom benefitting from built-in wardrobe. Second double bedroom has wonderful floor to ceiling windows that bring in lots of light. The bathroom comes complete with a white three-piece suite with a shower over bath and a stone colour tile surround. Additional storage cupboards in hallway.
This apartment is not far from the vibrant Walthamstow village with peaceful greenery, historic architecture and award-winning bars and restaurants. Wood Street Station is on your doorstep where the overground trains will whisk you into Liverpool Street in under 20 minutes and is just one stop from Walthamstow Central station if you don't fancy the 20 minute walk through Walthamstow Village.
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 £65,753. 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 www.lqhomes.com and register to obtain your unique reference number.
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 April 2024.
This is an indication of how much these apartments might cost.
For more detailed information please register your interest in this property.
| Minimum Full Market Value | £440,000 |
|---|---|
| Minimum Share Percentage | 25% |
| Minimum Share Value | £110,000 |
| Monthly Service Charge | £164 |
| Minimum Deposit | £11,000 |
This apartment is not far from the vibrant Walthamstow village with peaceful greenery, historic architecture and award-winning bars and restaurants. Wood Street Station is on your doorstep where the overground trains will whisk you into Liverpool Street in under 20 minutes and is just one stop from Walthamstow Central station if you don't fancy the 20 minute walk through Walthamstow Village
Others
- Central heating
- Double Glazing
Outside space
- Terrace