Merriam Close, London, E4

- PROPERTY TYPE
Ground Flat
- BEDROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Attractive development
- Very good condition
- 500m to station & shops
- Integrated appliances
- Quick rail access to Walthamstow and Central London
- Southerly facing
- Epping Forest close by
- Secure entry
- Parking space
- Small terrace
Description
The property is a short walk from local amenities including the overground station, a large supermarket, smaller independent shops, coffee shops, restaurants and gyms. Schools and healthcare facilities are also close-by.
Walthamstow Central underground is 2 stops/5 mins from Highams Park station, with Liverpool St just 7 stops/23 minutes. By car, the North Circular Rd is around a mile/5 minutes away, with the M25 just under 7 miles/20 minutes.
Highams Park Lake is under a mile away, with the 5900 acres of London's biggest green space, Epping Forest, just a bit further on.
Merriams Close is an architecturally attractive development, completed 3 years ago by Fairview Homes.
The property is in very good condition and offers well laid out, spacious-feeling accommodation, with ample storage. The main living area has a southerly aspect and opens onto a small terrace.
In our opinion, it represents good value in the local market.
Shared ownership is the easier, more flexible way to buy a home of your own, rather than renting with no return. You purchase the share that works for your budget and pay an affordable monthly fee to us for the bit you haven't bought. The home is yours eg you can decorate it to your own taste...and no, you don't 'share' it with anyone else!
You need a smaller deposit, as it's based on the price of the share you buy, rather than the full value. And, just like owning outright, when you want to move on you simply sell your share for its market value at that time. Or, when you're ready, you can buy more shares...until it's all yours.
For this apartment, you can buy anywhere between 35-100%, according to what you can afford. In terms of buying a share, here are some round-number examples of costs, based on the full market value of £315,000: :
35% share/£110,250
Your 5% deposit would be £5,513; your monthly mortgage £578* and your monthly fee £469, totalling £1,047/month
50% share/£157,500
Your 5% deposit would be £7,875; your monthly mortgage £826* and your monthly fee £361, totalling £1,187/month
65% share/£204,750
Your 5% deposit would be £10,237, your monthly mortgage £1074 and your monthly fee £253, totalling £1,327/month
It really works, with hundreds of thousands of people across the country having already bought their home this way.
Our experienced, professional team is here to ensure that things go as smoothly as possible. Call us 9am-5pm Monday-Friday, or email us anytime, to discuss how it could work for you.
*Based on a mortgage rate of 5.25% and a term of 30 years. Please note, rates and criteria vary. A management service charge is also payable on this development. .
- 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.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Merriam Close, London, E4
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Visit our security centre to find out moreDisclaimer - Property reference 50MERRIAM1. 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 Islington and Shoreditch Housing Association, Re-Sale. 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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