Umbriel Place, Plaistow, London

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.

Please note the minimum share you can purchase can vary depending on your financial situation and you may be asked to purchase a larger share, should your personal circumstances permit.

*Service charges are estimated and may be subject to change.

75% Share

Tenure: Leasehold

2nd floor flat with a modern open plan living room & kitchen with doors leading to a private balcony.

This bright and welcoming two bedroom flat situated on the second floor offers a private balcony that is complemented by a fitted kitchen with sleek appliances and a bespoke marble backsplash. Nebula Court is conveniently located close to an array of local shops and amenities with excellent transport links. The apartment is a 5-minute walk from Plaistow Station, and close to other key destinations: Plaistow to Canary Wharf - 9 mins, Liverpool street: 15 mins, Kings cross: 29 mins, Stratford: 10 mins by bus, and Newham General Hospital a 15 min walk away.

The property benefits from large triple glazed windows with an EPC rating B. There is also a new £4000 HIU heating unit installed with a 5 year warranty. A lift offers easy access and a modern intercom system is in place for secure access.

The large hallway offers two separate floor-to-ceiling large storage cupboards. In addition, there is separate secure bicycle storage and generous, off-street, resident parking is available.

We consider this home to be situated in an ideal location which offers access to great local amenities and excellent transport links for the commuter. Several local shops, a short walk to West Ham Park with direct transport links to Westfield shopping centre and the Queen Elizabeth Olympic Park offering a host of outdoor and indoor activities for all ages. Westfield with its array of shops, bars and restaurants and the Queen Elizabeth Olympic Park with its aquatic centre. Tesco Express is situated 5 minutes away, and Tesco Superstore is within 1.5 miles.