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2 bed flat for sale

£108,750 Shared ownership

Rookery Court, Oliver Road, Leyton, London E10

2 1

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Property description

A fantastic opportunity to buy a stunning 2 bedroom apartment in a great location - Only a few remaining

Full Price: £435,000
Minimum Share: £108,750 (25%)

You couldn't be better located than Ruckholt Road. Contemporary Leyton is buzzing with bars and restaurants, independent coffee shops and fascinating boutiques.

The legacy of 2012 is literary down the road with superlative sporting facilities, one of Europe's finest shopping malls, fabulous eateries - not to mention top flight football.

The trendy galleries, studio, venue and bars of Shoreditch and Hackney are all easy to get to and you are literally surrounded by greenery - from generous open spaces of Victoria Park to the riverside walks and cycle paths along the River Lee.

The rest of London is at your disposal. The shops of Oxford Street, the theatres of Shaftsbury Avenue, the history of art of a great city waiting for you to enjoy them. Living in Ruckholt Road you have everything on your doorstep.

Key Features

Situated just off Leyton High Street, Ruckholt Road boasts fabulous transport links and is only a stones throw from local amenities.

The development is only a 7 minute walk from Leyton Underground Station, a Central Line station - 11 minute journey to Liverpool Street and only 20 minutes to Oxford Street.

If you fancy something a bit closer to home, Stratford City Westfield and the Olympic Park are in close proximity.

This stunning contemporary building hosts apartments that are finished to a high quality, with underfloor heating and a balcony/terrace or winter garden to all apartments. The kitchen and bathroom are spacious, modern and contemporary making the property ready to move into.

Elegibility

Priority for those who live or work in the borough of Waltham Forest
However we are now taking applications from those who live or work in the following boroughs - Hackney, Redbridge, Tower Hamplets, Barking & Dagenham.

What is Shared Ownership?
Shared Ownership is an excellent way for people who are unable to buy on the open market to take their first step onto the property ladder. Under the Shared Ownership scheme, you buy a share of the property’s value and pay a subsidised rent on the remaining share. A key advantage is that, as part-owner, you have a stability of tenure that renting cannot offer. Over time, you can buy more of the property until you own 100%.

You will need a small deposit at the outset – generally a minimum of 5% of your share, subject to conditions – and you will need to raise a mortgage on the rest of the sum required.

Am I eligible?
There are certain conditions to be eligible for a Shared Ownership property:
• Your annual household income must be no more than £80,000.
• You must be unable to purchase a home suitable for your needs without assistance.
• You must be able to demonstrate a connection to the local area of the development.
• You must not have any outstanding credit issues (i.E. Unsatisfied defaults or county court judgments).
• You must be a first-time buyer. If you already own a home and need to move but cannot afford to, or you have equity from a recent sale, please contact us, as there are some circumstances under which you may still be eligible.
If we think you may be eligible, you will be asked to have a free financial assessment with a Shared Ownership mortgage specialist to find out what share you can afford to buy. You will also be asked to complete an application form with the local Help to Buy agent. Sometimes you may need to be registered with your Local Authority. Specific criteria will be detailed on the information for each property.


Property info

Floorplan(s): Floorplan 1

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Market activity
Average price paid £445,599 Sales 314 Current average value £433,520 (Zoopla Zed-Index) Value change £7,482 ▲ 1.76%

Property value data/graphs for E10

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £483,447 £513 3.3 £568,333
Semi-detached £554,516 £567 3.4 £493,153
Terraced £507,911 £532 3.1 £539,160
Flats £337,581 £575 1.9 £363,567

Current asking prices in E10

Average: £428,904
Avg. current asking prices in E10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £450,000
(1)
£686,666
(6)
£541,383
(58)
£646,818
(22)
£675,000
(4)
Flats £305,382
(34)
£367,837
(66)
£450,000
(12)
£400,000
(1)
-
All £309,514
(35)
£394,406
(72)
£525,718
(70)
£636,087
(23)
£675,000
(4)

Current asking rents in E10

Average: £1,366 pcm
Avg. current asking prices in E10
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £641 pcm
(13)
£1,112 pcm
(3)
£1,744 pcm
(12)
£2,200 pcm
(15)
£2,670 pcm
(6)
Flats £990 pcm
(51)
£1,350 pcm
(51)
£1,616 pcm
(8)
£2,555 pcm
(4)
£1,885 pcm
(2)
All £919 pcm
(64)
£1,337 pcm
(54)
£1,693 pcm
(20)
£2,274 pcm
(19)
£2,474 pcm
(8)

Fun facts for E10

Highest value in E10
Highest value streets Zed-Index
Crawley Road £627,665
Halford Road £616,934
Sandringham Road £592,474
Gloucester Road £583,557
Eatington Road £581,125
Highest turnover in E10
Highest turnover streets Turnover
Sophia Road 42.3%
Lawton Road 36.8%
Serbin Close 35.0%
Brisbane Road 31.6%
Queens Drive 31.2%

What Zoopla users think of E10

Overall rating:

  • currently 4 stars
Very good - 80% (170 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate E10:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Leyton (0.3 miles)
  • Leyton Midland Road (0.8 miles)
  • Stratford International (0.9 miles)
  • London City Airport (4.6 miles)
  • London Heathrow Airport (20.1 miles)
  • London Stansted Airport (25.0 miles)
  • East India Pier (3.5 miles)
  • Canary Wharf Pier (3.7 miles)
  • Hilton Docklands Nelson Dock Pier (3.8 miles)

Nearby schools

View all schools in Waltham Forest
  • Newport School (0.5 miles)
  • Dawlish Primary School (0.5 miles)
  • Downsell Primary School (0.6 miles)
  • London Academy of Excellence (1.4 miles)
  • East London Arts & Music (1.5 miles)
  • The Boxing Academy AP Free School (2.2 miles)
  • Chobham Academy (0.7 miles)
  • Education Links (0.7 miles)
  • George Mitchell School (0.7 miles)
Note: Distances are straight line measurements

Local info for Waltham Forest

About the neighbours in E10

AskMe Q&A for Waltham Forest

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For more information about this property, please contact
Clarion Housing - Ruckholt Road, E10 on +44 20 8115 4740 * (local rate)

Monthly running costs Beta

£502 Monthly total

Mortgage

Purchase price
Deposit (10%) 10,875
Repayment term 25
Interest rate 1.5
Your payment £391 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £28/mo (£337/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £23 Electricity £34 Estimated energy cost £57/mo

Similar properties could save up to £241

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7600 kWh/year
Electricity: 2700 kWh/year

Source: National Energy Efficiency Data Framework

Water

Supply £13 Sewerage £13 Estimated water cost £26 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Clarion Housing - Ruckholt Road about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clarion Housing - Ruckholt Road, and do not constitute property particulars. Please contact Clarion Housing - Ruckholt Road for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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