Flat 5, 3 Limeharbour, London
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
Ask agent
Key features
- Modern Shared Ownership home
- En suite
- Open plan 26ft lounge/kitchen/diner
- Chain free and available immediately
- Walking distance to Canary Wharf station
- Prime London location
Description
This superb modern home is available to buy for £307,500 with a 75% share!
This purpose built apartment is situated in a prime location and is being offered to the market with no onward chain and available for immediate occupancy. The accommodation includes an open plan 26ft lounge/kitchen/diner, two bedrooms (master with en suite) and bathroom.
Located in a prime position, this development is close to an abundance of amenities, including shops, café’s restaurants, supermarkets, and Canary Wharf’s 5 famous Malls. It is also located just a 2 minute walk from Crossharbour DLR, and a 10 minute walk from Canary Wharf which offers quick access to the City and Central London on the Elizabeth and Jubilee line.
PRICING & AFFORDABILITY
Approximate Size: 721 sq ft
Full Market Value: £410,000
75% Share Price: £307,500 (rent £234.90pcm)
Minimum 5% Mortgage Deposit (% share): £15,375
Approximate Service Charges: £300 pcm*
Shared Ownership Lease: approx. 108 years
Council Tax Band: E
ELIGIBILITY
Shared Ownership gives first time buyers and those that do not currently own a home the opportunity to purchase a share in a new build or resales leasehold property. The purchaser pays a mortgage on the share they own and pays rent to a housing association on the remaining share. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright although this is not a guarantee.
To be eligible for shared ownership you would need to meet the following criteria:
• Your annual household income does not exceed £90,000.
• You have a deposit of at least 5% of the share value
• You do not own another property or have your name on the deeds or a mortgage for a property worldwide.
• This will be your only residence.
• You are a permanent UK resident or have indefinite right to remain.
*Service charges are estimated and may subject to change.
** This home can also be purchased outright (100% of the value) at any point after completion of the advertised 75% share. Please speak to a member of our sales team for more information.
Brochures
ParticularsTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£0 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£3600
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
108 years left
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: TBC
Flat 5, 3 Limeharbour, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Crossharbour & London Arena Station0.1 miles
- South Quay Station0.3 miles
- Mudchute Station0.5 miles
About the agent
SOWN, Nationwide
Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GZ
We believe that shared ownership is the future of getting on the property ladder. And we're here to help you secure the right home for your needs - at your own pace.
Evolved from Leaders Romans Group in 2018, SOWN is a dedicated shared ownership brand. We provide a full sales and marketing service on behalf of Housing Associations across the UK, for both new-build and re-sale shared ownership homes. Our specialist team focuses exclusively on shared owner
Notes
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Visit our security centre to find out moreDisclaimer - Property reference SDO240194. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by SOWN, Nationwide. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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