Share Price £282,000 (from 60% Min. Share)

Full Value £470,000 | £28,200 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Hackney

place Saxony Court, Geldeston Road, E5 8RQ

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One Housing Group

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2 Bed Flat in Hackney with Balcony - 60% Share Price £282,000


Eligibility Criteria

· Household income must not exceed £80,000(outside of London) or £90,000 (in London)

· Must pass the One Housing financial assessment(done after receiving the application, which can only be submitted after viewing the property)

· No cash buyers

· No pets

· Applicants must be able to afford their purchase, and sustain their housing costs

· Applicants are primarily expected to be first time buyers, though some applicants who own or have previously owned a home may be eligible, including existing shared owners

· Applicants must be unable to purchase a property suitable to meet their needs on the open market

· Priority will be given to Armed Forces personnel (serving military personnel and former members of the British Armed Forces discharged in the last 2 years) and then on a first come first serve basis

Please be advised that if all applicants meet the criteria above the property will be offered on a first come first serve basis, this means that the first eligible applicant whosubmits an applicationwill be nominated as the buyer.


Full Market Value: £470,000

60% Share Price: £282,000

Monthly Rent: £307.65

Monthly Service Charges:£141.38

Saxony Court is a much sought after, attractive apartment building in Stoke Newington.It is a short walk from both Clapton/Stoke Newington stations and high streets; providing excellent transport links throughout London as well as access to a vibrant bar and restaurant scene.

This property is a bright, well-proportioned two-bedroom apartment, with good size rooms and plenty of storage. The flat has a modern and professional finish throughout, with high quality laminate flooring in the hallway, lounge and kitchen, and carpeted bedrooms; whilst the bathroom benefits from stone effect tiles.

The flat opens onto a long hallway which leads to a large, south facing lounge/kitchen and balconywith large full-length windows and doors which open in multiple ways, making the space feel light and bright.

The main living area splits nicely into a kitchen and living room.The kitchen is extremely spacious, with plenty of cupboards and drawers, a built-in oven with ceramic hobs and a stainless-steel sink.There is more than enough space for a dining table and separate sitting area and space on the balcony for a day bed and furnishings/plants.

The fitted bathroom is also a very good size, with a heated towel rail and large mirror.

Both bedrooms are doubles with a large built in fitted wardrobe in the larger bedroom.

There are 2 additional utility rooms off of the main living area, which are perfect for a washing machine and storage.

In addition to this the flat also benefits from a secure courtyard, bike lockers and a roof terrace which are accessible for all occupiers.

Key Features

Large south facing balconyFully fitted bathroom with white suite and heated towel rail
2 double bedrooms including fitted wardrobe
Gas central heating
Double glazing
Secure bicycle storage
Door entry phone system
Close to bars & restaurants
Close to transport links
2 utility storage rooms

Download Documents

Link to the floor plan
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Calculate Monthly Cost

Share price
£ 282,000
Min. £282,000
Share percentage
Min. 60%
Your deposit
Min. £28,200
Monthly cost*
Cost breakdown
Service charge
Calculated using a representative rate of 3.09%

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One Housing Group

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The information displayed about this property comprises a property advertisement. Share to Buy ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Share to Buy has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the sponsoring housing association. Please contact the housing association or estate agent directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007.

The ‘Estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together:

  • Rent: this is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes)
  • Service Charge: covers maintenance costs for the property as a whole and communal areas
  • Mortgage: Share to Buy ltd are specialist Shared Ownership mortgage brokers and we use a database of daily updated mortgage rates to work out the lowest rate available for the deposit amount shown, and then generate an estimated monthly payment on a 25 year capital repayment basis.

NB: this mortgage estimate is not confirmation that you can obtain a mortgage and you will also need to satisfy the requirements of the relevant mortgage lender. Nor is this a guarantee that in practice you would be able to apply for such a rate, and nor is this a recommendation that the rate used would be the best product for you.