Share Price £106,250 (from 25% Min. Share)

Full Value £425,000 | £10,625 Min. Deposit

Scheme: Shared Ownership Resales

check_circle Available now

1 bedroom apartment in Hackney

place 57 Kingsland High Road, London, E8 2FA

Budget Calculator
Calculate monthly cost help
Sign in to Register Your Interest mail

One Housing Group

favorite_outline Save Property

One bedroom apartment, close to a lively nightlife of Kingsland High Street but benefiting from the calm, quiet communal garden outside.


Eligibility

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 who submits an application will be nominated as the buyer.


Description

25% Share: £106,250

Rent: £737.04

Service Charges: £142.73

Lease 125 years from and including 1 October 2017

Vibrant Dalston is on the doorstep of this bright, one bedroom apartment, close to a lively nightlife, but benefiting from the calm, quiet communal garden outside. Kingsland High Street is known for its bars and restaurants as well as being close to boutique shops in and around Dalston and Stoke Newington. M&S, Sainsbury’s and Ridley Road Market are all nearby, and provide excellent options for eating in.

This sunny apartment faces onto the communal garden and also benefits from a large, private, terrace area. Additionally it is within walking distance of a number of outdoor spaces such as Newington Green, Clissold Park and fashionable London Fields, as well as numerous gyms, leisure and wellbeing facilities.

The property benefits from superb transport links, next door to Dalston Kingsland station, connecting to the Victoria Line at Highbury and Islington (4min) and Central, Jubilee and DLR at Stratford (10min), and a five minute walk to Dalston Junction, connecting to the City at Shoreditch High Street (8min). A number of bus routes also serve the area connecting to Tottenham, Angel, and the City.


Key Features

Key Features:

• Large outdoor terrace backing onto communal garden

• Bathroom fitted with white suite, shower over bath with glass shower screen and heated towel rail

• Laminate flooring throughout

• Gas Central Heating

• Double glazing

• Secure bicycle storage

• Communal patio area

• Close to local shops and amenities

· Close to outdoor spaces of Newington Green, Clissold Park and London Fields

· Excellent transport links


Budget Calculator
arrow_backwards Back to 1 bedroom apartment in Hackney

Calculate Monthly Cost

Share price
£ 106,250
Min. £106,250
Share percentage
Min. 25%
Your deposit
Min. £10,625
Monthly cost*
£1,338
Cost breakdown
£737
Rent
£143
Service charge
£458
Mortgage*
Calculated using a representative rate of 3.09%
help

Sign in to Register Your Interest mail

One Housing Group

favorite_outline Save Property

Location

Disclaimer

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.