Challingsworth House
Flat B22
2nd Floor, Cambridge Road, London IG11 8TF£74,000
Full Market Value: £296,000
Bedrooms: 1
Furnished: No
Reception rooms: 1
New Build: Yes
Bathrooms: 1
Area: 550 sqft
Overview
Challingsworth House is part of the wider regeneration initiative and is a collection of 56 Shared Ownership apartments; 40 one-bedroom and 16 two-bedroom apartments, available from a 25% share. These properties offer floor to ceiling windows, contemporary kitchens with integrated appliances* and open-plan living.
Phase 1 consists of 10 one-bedroom apartments and only 2 are of this layout - 51m2/548ft2 and comprises a great sized bedroom with fitted wardrobes, the main bathroom, open-plan living and a private balcony.
Flat B22 can be found on the 2nd floor:
Full Market Value: £296,000
Shares available from 25%: £74,000
Rent per month*: £509
Estimated service charge per month: £109
*Calculated at 2.75% for one/two/three bedroom apartments per annum of the value of the share that you do not initially buy.
Scheme Information:
Leasehold
Lease length: 250 years
Council tax is due from the day of legal completion even though the banding may not yet be confirmed, please bear this in mind and make the necessary arrangements. When the property banding is confirmed, it will be listed on the following page:
https://www.gov.uk/council-tax-bands or email ctonline@voa.gov.uk
Estimated Annual Service Charge: £1,284
Service Charge Review Period: Yearly
Ground Rent: £0