£166,250 Asking price

3 bedroom Flat for sale,
Forest Gate, E7

Elliot Muharrem Branch Manager
Elliot Muharrem
Branch Partner
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Features and Description

  • BRAND NEW APARTMENT
  • THREE BEDROOMS
  • SHARED OWNERSHIP
  • SHOW HOME AVAILABLE
  • 10YR INSURANCE BACKED WARRANTY
  • FULLY FITTED KITCHENS C/W ALL APPLIANCES
  • NO ONWARD CHAIN

Set in the thriving London Borough of Newham, Warden’s Reach offers a beautiful collection of brand new one, two and three bedroom apartments available for shared ownership. The price advertised represents purchasing a 75% share of the home.

These brand new homes offer a high specification as standard, including many with balconies or winter gardens, easy access to central London via the Elizabeth Line and are surrounded by a wide variety of parks and open spaces.

Availability: ready to reserve, contact us to book your viewing!

Warden’s Reach appeals to buyers due to its close proximity to central London and its wide variety of parks and open spaces. There is plenty to do in Forest Gate – the district has a multi-million-pound leisure centre with a gym, exercise studios, two swimming pools and a crèche. Forest Lane Park is a stunning landscaped space with a small lake, footpaths and play areas for children.

Shared Ownership

The price advertised represents purchasing a 25% share of the home

The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment. With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase. The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright.

At Warden’s Reach, you can buy a minimum 25 % share of your home (the maximum you can buy initially is 75%). When you’re ready, you can buy more shares until you staircase to owning 100% of your home.*Please note images are for information purposes only and may not represent a true likeness for the units being sold. Some or all images have been digitally furnished to represent how the home could be laid out and the final colours/appearance may differ from the images.

*Services Charges will apply, speak to our Sales Agent for more information. Costs are subject to change

Disclaimers

Agent's Note

Please note that all particulars and images are for marketing and illustrative purposes only. Advertising images may include upgrades as home specifications can vary.

IMPORTANT NOTE TO PURCHASERS:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Earlham Grove, Forest Gate, E7

Additional Information

  • Property ref
    RRN230011
  • Tenure
    Leasehold
  • Ground Rent
    Contact the branch
  • Ground Rent Review
    Contact the branch
  • Service Charge
    Contact the branch
Elliot Muharrem Branch Manager
Elliot Muharrem
Branch Partner

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Borrowing £149,625 and repaying over 25 years with a 2.5% interest rate.

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.

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Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A