Maltings Close
£96,000 for a 30% share
Property description
Fourth floor purpose built apartment. Our Spring Offer: A £1,000 Amazon voucher on completion!*
Property address
Maltings Close, London, E3 3TB
1 
1 SHARED OWNERSHIP
Full Market Value: £320,00
You pay (30%): £96,000
Monthly Rent: £730.06
Service Charge: £310.90
Ground Rent- £195 per annum
Council Tax Band - C
125 year lease commenced in January 2005 - 106 years remaining
NO PARKING
EWS1 B2 Rating - Letter of assurance available.
For a limited time, enjoy a £1,000 Amazon voucher to help with your move on this 1 bedroom apartment*
This well presented apartment consists of an open plan reception room with doors to a private balcony to relax on, a double bedroom and a shower room. There is also a large walk-in store.
Maltings Close is a short walk away from Bromley-By-Bow Underground and Devons Road DLR stations providing excellent transport options for Hammersmith & City, District and DLR services. Residents will enjoy versatile transport links for commutes to areas including Canary Wharf in just over a quarter of an hour, Moorgate within 23 minutes and other key destinations across the Capital. Locally, there are numerous green spaces including Mile End Park and Bartlett Park.
Olympic park and Westfield are both within walking distance alongside Hackney Wick which can be reached via the canal. There are amazing local businesses and events at Cody Dock and 3 Mills Studio which are also a few minutes' walk away.
You 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 £57,009 per annum with a 10% deposit. 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 the property for our schemes. Please ensure to keep a record of your unique registration 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 April 2024.
*The £1,000 Amazon voucher is currently being offered on this 1-bedroom resale apartment and is applicable to any shared ownership purchase that completes on the sale within 6 months of receipt of the £500 reservation fee. The voucher will be supplied within 75 days of completion of the purchase and will be an E-Voucher, issued by email to the sole or primary purchaser. Further terms and conditions may be in place from the voucher provider, and it is the purchaser's responsibility to satisfy themselves of any terms applicable. The voucher cannot be offset against any fees or monies due from the purchase. L&Q will not be responsible for direct payments to any lenders, or third parties. Should the seller find a buyer through an Estate Agent for the full market value of the property, this offer will no longer apply. L&Q reserve the right to remove an incentive at any time. This incentive is for this property only and cannot be transferred to any other 1-bedroom resales shared ownership apartment.
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 | £320,000 |
|---|---|
| Minimum Share Percentage | 30% |
| Minimum Share Value | £96,000 |
| Monthly Service Charge | £311 |
| Minimum Deposit | £9,600 |
Maltings Close is a short walk away from Bromley-By-Bow Underground and Devons Road DLR stations providing excellent transport options for Hammersmith & City, District and DLR services. Residents will enjoy versatile transport links for commutes to areas including Canary Wharf in just over a quarter of an hour, Moorgate within 23 minutes and other key destinations across the Capital. Locally, there are numerous green spaces including Mile End Park and Bartlett Park.
Olympic park and Westfield are both within walking distance alongside Hackney Wick which can be reached via the canal. There are amazing local businesses and events at Cody Dock and 3 Mills Studio which are also a few minutes' walk away.
Others
- Balcony
- Central heating
- Double Glazing
- Lift access
Outside space
- Communal Garden