Share Price £240,000 (from 50% Min. Share)

Full Value £480,000 | £12,000 Min. Deposit

Scheme: Shared Ownership Resales

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2 bedroom apartment in Hackney

place Flat 22 Babik Court, 132 Shacklewell Lane, E8 2FG

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Two bedroom apartment with balcony


Description

A beautiful two bedroom apartment located on the fourth floor of a modern development. The accommodation comprises; hallway, open plan kitchen/reception room, two double bedrooms, bathroom and a balcony accessed from the reception room. The building benefits from lifts serving all floors and secure cycle storage.

  • Gross internal area: 647 sq.ft/ 60.1 sqm
  • Lease Term: 88 years (approx.)

Babik Court is within close proximity to local shops and cafes. There is easy access to Overground trains from nearby Rectory Road station, Dalston Kingsland and Dalston Junction stations, as well as a number of nearby bus routes providing good public transport links to and from the City. 


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Link to the floor plan
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Calculate Monthly Cost

Share price
£ 240,000
Min. £240,000
Share percentage
Min. 50%
Your deposit
Min. £12,000
Monthly cost*
£1,747
Cost breakdown
£376
Rent
£175
Service charge
£1,196
Mortgage*
Calculated using a representative rate of 3.94%
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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.