1 bedroom apartment for sale

Available

Cropley Street, N1 7GJ

£141,750 · Shared Ownership Resale

Share percentage 35%, full price £405,000, £14,175 Min Deposit.

Available
1 bedroom
1 Bathroom
Floor plan
floor-plan
Floor plan
floor-plan
£141,750 Shared Ownership Resale · Eligibility Eligibility

Share percentage 35%, full price £405,000, £14,175 Min Deposit.

Monthly Cost: £1,516
Rent £659, Service charge £138, Mortgage £719*

Calculated using a representative rate of 4.64%

Calculate estimated monthly costs

£
Eligibility

As a guide you will need to have a household income of at least £55,868. You will need access to savings of at least £4,000 to cover the cost of buying the home. A minimum 10% deposit approx. £14,175. Total approximate savings required £18,175.

Important borough specific eligibility criteria

Hackney
All London applicants will be considered with priority given to people who live/work in the borough.

Applicants must be earning under £90,000 to be eligible for one, two and three bedroom apartments.

If you are an existing homeowner we will not be able to allocate you a home unless you have found a buyer for your existing home and are deemed to be in need of housing by your local council.

Summary

One bedroom first floor flat in the London Borough of Hackney available through Shared Ownership

Description

This is a well maintain one bedroom first floor apartment.Located in an area with local amenities and within walking distance to Shoreditch park and the bustling Old Street.

Enviable location - it is half way between Hoxton Square and Angel Islington, and also near the City, Dalston and London Fields/Broadway market.The following transport links are nearby: - Old Street underground station (0.5 miles) Essex Road station (0.6 miles) Angel underground station (0.7 miles)

First Floor

  • Entrance hallway
  • Open plan kitchen/sitting room
  • Double bedroom
  • Bathroom

Externally

No allocated parking space. Permits are available to purchase for street parking

GIA

44 sq.m

EPC rating
C

Length of lease
170 Years remaining

Borough

Hackney

Key Features
  • Excellent transport links
  • Gas Central Heating throughout
  • Double glazed windows
  • Very close to Shoreditch Park and Regent's canal and a short cycle ride to Victoria Park
Particulars

Tenure: Not specified
Council Tax Band: Not specified

Property Downloads
Floor Plan Energy Certificate
Map
Old Street (0.47 miles) Hoxton (0.50 miles) Essex Road (0.67 miles)
Monthly Cost Calculator

The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.

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  • 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 and repairs for communal areas within your development.
  • Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.

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

£141,750
Shared Ownership Resale
Estimated Monthly Cost:£1,516
Rent £659
Service Charge £138
Mortgage £719

Share percentage 35%, full price £405,000, £14,175 Min Deposit. Calculated using a representative rate of 4.64%


Notting Hill Genesis Resales
View properties by this developer
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.