SHARED OWNERSHIP
Beck Square - 3rd Floor
Flat 54, 39-62 Beck Square, Walthamstow, London, Waltham Forest, E10 7FU
Resale Shared Ownership
(Share Price (35%) - £117,250
Full Value Price £335,000
(Share Price (35%) - £117,250
Full Value Price £335,000
1 Bedrooms
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SHARED OWNERSHIP
Beck Square - 3rd Floor
Flat 54, 39-62 Beck Square, Walthamstow, London, Waltham Forest, E10 7FU
Resale Shared Ownership
(Share Price (35%) - £117,250
Full Value Price £335,000
(Share Price (35%) - £117,250
Full Value Price £335,000
1 Bedrooms
Property reference number: 1639029
Beck Square is a spacious 1-bedroom apartment located in a four-storey apartment block near Lea Bridge station. The apartment benefits from a spacious private balcony, as well as a communal garden, roof terrace and playground as part of the development.
There are good transport links with Lea Bridge station just 0.3 miles away and Clapton, Rectory Road, and Walthamstow Queen's Road stations all close by. Local buses serve the area and the night buses link to Central London.
Local amenities are located a short walk away including ALDI, Asda for groceries. For leisure and enjoyment, Leyton Highstreet is within easy reach which hosts a range of bars, restaurants, shops and plenty of green spaces/parks including the vast Jubilee Park.
There are good transport links with Lea Bridge station just 0.3 miles away and Clapton, Rectory Road, and Walthamstow Queen's Road stations all close by. Local buses serve the area and the night buses link to Central London.
Local amenities are located a short walk away including ALDI, Asda for groceries. For leisure and enjoyment, Leyton Highstreet is within easy reach which hosts a range of bars, restaurants, shops and plenty of green spaces/parks including the vast Jubilee Park.
- Nearest station: Lea Bridge Station 0.3 miles away and Clapton, Rectory Road, Walthamstow Queen's Road
- Bus routes nearby: 55, W19, 56, 97, 357, W15
The property comprises:
- Entrance: Hallway with two large storage cupboards. Greyed oak timber effect flooring.
- Living room: Spacious living area with floor-to-ceiling windows with a view of the Pocket Park. Sliding door to private balcony. Only plan into kitchen. Greyed oak timber effect flooring.
- Kitchen: Grey units with light grey worktop. Integrated appliances in good condition. Greyed oak timber effect flooring.
- Bedroom: Double bedroom with a view of the park. Cream carpet.
- Bathroom: White suite with shower over bath. Partially tiled with full tiling around bath. Large mirror over sink basin.
- Outside: Spacious private balcony overlooking the Pocket Park. Communal garden, roof terrace and playground. Secure cycle storage.
What happens after I register my interest?
You will receive an email confirmation that will confirm next steps including how to book a viewing, completing a financial assessment with a mortgage advisor and completing a Shared Ownership Application Form.
If you don’t receive this email within an hour of your registration, please check your spam or junk folders and set your spam filter to allow incoming emails from Peabody. If you still haven’t received the email, please contact enquiries@peabodynewhomes.co.uk and our team will be able to help you.
What is Resale Shared Ownership?
Through Shared Ownership you can buy up to 75% of the property, paying a low-cost rent on the remaining unpurchased 'share' of the home. What's more, your mortgage deposit is based on the value of the share you buy, not the full market value, making these homes even more affordable than buying through private sale. With resale properties, you must purchase your first share at the percentage the existing leaseholder owns or more.
Financial information
- Tenure: Leasehold
- Remaining lease term: 121 years
- Annual ground rent amount: £300.00
- Ground rent review period: Every 15 years
- Annual service charge amount: £1,770.12
- Service charge review period: Annually
- Council tax band: B
*Financial information correct as of 13/11/2023
Financials*
Full Value
£335,000
Share Price
£117,250
Share Value
35%
Monthly Cost
£1,347
Monthly Mortgage
£633
Monthly Rent
£567
Monthly Service Charge
£148
Minimum Household Income
£47,000
Maximum Household Income
£90,000
Deposit Required
£17,250
*The monthly mortgage, monthly rent, minimum household income and deposit required are all guide figures and will vary depending on your personal circumstances and the mortgage you are able to secure. Please note that applicants will be expected to purchase the maximum share that is sustainable for them. Applicants will be required to attend a financial interview with a Mortgage Advisor appointed by Peabody to assess affordability in line with Affordable Homes guidelines set by the HCA/GLA. Speak to a member of the Peabody New Homes team for more details.
Location
Flat 54, 39-62 Beck Square, Walthamstow, London, Waltham Forest, E10 7FU Open in Google Maps
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