1 bed flat for sale

Dunedin Road, Leyton E10

If you are unable to buy a property outright on the open market, then Shared Ownership could be the ideal solution for you. It is a part-buy, part-rent scheme, which enables purchasers to buy an initial share of usually between 25% and 75% the value of the property and pay a subsidised rent on the remainder. A service charge may also be payable to cover the cost of communal maintenance. Shared Ownership properties are designed as a stepping stone to completely owning your own home, allowing you to buy as much as you can afford when you can afford it.

A resale is a Shared Ownership property that the current owner bought new from us or as a resale. Buying a resale property makes you an owner-occupier because you are buying at least the current owner's share on the existing lease. The great thing about choosing to buy a re-sale shared ownership property is that it gives you the opportunity to speak to the previous owner and to find out more about the area.

An impressive, bright and spacious one bedroom apartment located on the first floor of a modern development, benefiting from contemporary fittings. The accommodation comprises; hallway, open plan kitchen/reception room, bedroom, bathroom and a balcony. The building benefits from a communal garden, lift and stair access to all floors, secure door entry system and bicycle storage area.

Property Value: £330,000
Minimum Share: 25%
Share Value: £82,500
Lease Term - 119 years (approx.)
Rent pcm - £722.62
Service charge pcm - £342.45
Gross internal area: 541 sq.ft / 50.3 sq.m approx.
EPC Rating: B
Council Tax Band: B
Ground rent p.a.: £150 (payable from final staircasing to 100% ownership)

The area is well served by transport links with Leyton underground station within a 10 minute walk, providing easy access to the underground network. There are numerous local bus routes. A variety of local shops, cafes and restaurants can be found nearby.