£90,000
1 bed flat for sale11 Rainhill Way, London E3
1 bed
1 bath
1 reception
EPC Rating: B
Added on
About this property
Shared Ownership - 25%
Staircasing - 100%
Monthly Rent - £792.31
Yearly Service Charge - £2129.40
Property Ref: 17609
Stylish One Bedroom Apartment with Private Balcony and Communal Garden.
This attractive one-bedroom apartment is set within a modern purpose-built residential development completed in 2021. Finished to a good standard throughout, the property offers contemporary interiors, a well-designed open-plan living space, modern kitchen appliances and a private balcony, making it an ideal choice for first-time buyers, professionals or those seeking a comfortable modern home.
The accommodation comprises a spacious open-plan kitchen and living room, providing a welcoming and versatile space for relaxing, dining and entertaining. The modern kitchen is fitted with a range of quality Bosch appliances, including an oven, hob, extractor fan, dishwasher and fridge freezer, combining style with everyday practicality.
The bedroom benefits from comfortable carpeted flooring, while the kitchen and living area feature attractive laminate flooring for easy maintenance. The fully tiled bathroom is fitted with a bathtub and overhead shower, washbasin and toilet. A separate storage room provides useful additional space for household essentials.
A key feature of the property is its private balcony, offering a pleasant outdoor space to unwind. Residents also benefit from access to a communal garden, providing additional outdoor space to enjoy.
Further benefits include uPVC double-glazed windows, gas-fired central heating and hot water supplied by the central heating boiler. The development features a modern design and well-maintained communal areas, enhancing the overall appeal of the property.
Combining contemporary living, practical storage and attractive outdoor space, this appealing apartment presents an excellent opportunity for buyers seeking a modern home in a purpose-built residential development.
Property Type: Flat
Full selling price: £360000.00
Pricing Options: Shared ownership
Tenure: Leasehold
Percentage to be sold: 25%
Share price: £90000.00
Monthly rent based on 25% share: £792.31
Remaining lease (in years): 987
Yearly Ground Rent Cost: £0.00
Yearly Management Cost: £2129.40
Council tax band: C
EPC rating: B
Measurement: Bedrooms, Bathrooms and Living room
Possession of the property: Occupied
For viewing arrangement, please get in touch with 99home.
If calling, please quote reference: 17609
gdpr Applying for the above property means you are giving us permission to pass your details to the vendor or landlord for further communication related to viewing arrangement or more property-related information.
*Virtual viewings: Some or all information pertaining to this property may have been provided solely by the vendor/landlord, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you choose to make an offer based solely on a virtual viewing, then 99Home Ltd does not accept any liability for errors in the information provided, including but not limited to, measurements, photography and video content.
Aml: To comply with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, , who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £20 per buyer, payable direct to AMLTeam . Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees We may suggest reputable providers of supplementary services, such as Conveyancing, Financial Services, Insurance, and Surveying. If you choose to utilize their services based on our recommendation, we may receive a commission payment or another form of benefit, referred to as a referral fee. It's important to note that you are not obligated to engage with the services of the recommended provider.
*Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering any household goods, carpets or any built-in furniture.
*General: While we endeavor to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact 99home and we will be pleased to check the detailing for you, especially if you are contemplating traveling some distance to view the property.
*99home is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Fraud warning We have had reports of fraudulent activities in our industry. Do not make any payment directly to the landlord or the seller. Be cautious of emails or messages asking you to transfer funds to any account, please contact us by telephone immediately to verify the authenticity of the communication and under no circumstances action the request. If you paid any deposit or rent to 99home, we will release the fund to the landlord once you have moved in. Your safety is our top priority.
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More information
Tenure
Leasehold (987 years)
Service charge
£2,129 per year
Council tax band
C
Ground rent
Ground rent date of next review
Shared ownership percentage owned
25%
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